California is ripe with innovation, acquisition, and transaction. It is a good time and a great place to be active in business, especially from developmental and new venture perspectives. When doing so, however, it is important to protect your own intellectual property and not infringe that of others, offer and accept the deals that are truly right for your endeavors, and take action to protect your business from unnecessary exposure to legal liability.
In accomplishing these ends, the long-established principles of contract law are a source of clarity and peace of mind. From real estate purchases to employment contracts to lease agreements to entity selection to non-disclosure and other privacy-related agreements, you can use the law to best position your business in the present and safeguard against risk and conflict in the future.
At Yee Law Group, we have more than 40 years of combined legal experience assisting business owners with all aspects of business law. If you are a business owner, contact our office to find out how a Folsom CA business contracts lawyer can help.
Important Agreement in Matters of Entrepreneurship
The entrepreneurial world is extremely competitive. Who generates the best ideas or ultimately comes to own and control them is a question that matters greatly. As such, it is important to protect the intellectual property that is your ideas – especially if your business concerns introducing a new innovation into the world.
If you have partners or employees, you need to be on the same page about confidentiality. Here, a well-written non-disclosure agreement, whether between partner and co-partner or employer and employee, is essential. Non-disclosure agreements can also provide safety and peace of mind when pitching to potential investors or clients.
In addition to protecting a new venture’s intellectual property, you need to agree upon and commit to writing the ownership and management structure of your business. Such decisions fall within the domain of entity selection. You must choose the entity (e.g. an LLC) appropriate to your business needs and goals, specify in writing the division of ownership and control between partners, and file the requisite forms with the secretary of state.
Experience Drafting and Executing Business-Specific Legal Agreements
With your intellectual property protected and business entity selected, you are ready to hire employees, engage in commerce, and procure capital investments. For your business’s every legal need, rely on a well-established business law firm. An experienced Folsom CA business contracts lawyer will communicate clearly with you and ensure that your legal agreements allow your business to grow and thrive while minimizing risk and conflict.
Contact a Folsom CA Business Contracts Lawyer Today
At Yee Law Group, PC we have earned a solid reputation of being the business law firm to turn to. Each business law attorney at our firm is well-versed in the intricacies of both federal and state business laws and make sure we stay up-to-date in this ever-evolving field of law. Call our office today to set up a free initial consultation with a business law attorney Folsom CA clients recommend.