MWH 411 : Protecting Your Business with Basic Legals Every Entrepreneur Must Know with Riz Amin

When you're starting out in business, the thought of legals can freak you out. Trust me, it used to freak me out too! But it is incredibly empowering to know your legals in your business. Understanding and having your legals allows you to create a sustainable, long-lasting, profitable, and protected business… And this is what we're going to talk about on this episode with my Social Method Society member Riz Amin!

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Protecting Your Business with Basic Legals Every Entrepreneur Must Know

Riz will walk us through as we talk the basic legals every entrepreneur must know:

1. Consider your business structure and have insurance in place. Will you be a sole trader or a company?
   If you choose to operate as a sole trader, remember that your personal assets are on the line. In this case, having the right insurance in place is essential for protecting yourself. Additionally, make sure to have the necessary legal documents for your solo venture. If you opt for a company structure, your personal assets are not on the line, but insurance is still critical.
2. Have a website with clearly defined terms and conditions and a privacy policy.
   The T’s and C’s not only outline the rules and expectations for visitors to your website, they also limit your liability and empower you to repurpose any testimonials or reviews you receive These legal safeguards define expectations, protect sensitive information, and provide comfort to your customers.
3. Arrangement Agreement with your suppliers, contractors and subcontractors.
   Take the time to read and understand any agreements offered to ensure your interests are safeguarded.
4. Protecting your intellectual property with copyrights and trademarks.
   By safeguarding your unique name, you lay the foundation to expand your brand and create more products under its umbrella.

Combining copyright protection through terms and conditions and trademark registration is one of the best ways to safeguard your work as a coach, course owner, digital product creator, surface pattern designer, photographer, graphic designer, etc!

So ladies, don't be afraid of your legals. Remember, you're not only building a business; you're creating a valuable asset that deserves protection to ensure the long-term success and sustainability of your business.

Riz is offering a huge discount to get you started on your legals, head on over to tracyharris.co/legals and take advantage of the incredible sale!

Until next week, stay happy in your hustle.

ABOUT RIZ

Hey, I’m Riz:
– Foundd-er & Director
– Lawyer of 20 years
– Ecommerce entrepreneur of 10+ years
– Creative thinker

As a creative entrepreneur myself, I bring first-hand experience, insight and legal know-how to all the tricky processes and challenges you face as a creative entrepreneur. I’m not here to bamboozle you, or bore you to tears (though there may be a few from giggling). Foundd Legal exists to make tricky legal things easier, less boooooriiiiiing and way more #partyvibes. Because I want you to feel legally legit (and empowered ‘bout it).

TLDR: I’ve been where you are. And I’m here to help you grow to where YOU want to be.

CONNECT WITH RIZ

Website: www.founddlegal.com
Instagram: @FounddLegal
LinkedIn: @FounddLegal
Facebook: @FounddLegal
Discount: tracyharris.co/legals

CONNECT WITH ME

Web: www.tracyharris.co
Facebook: @mumswithhustle
Instagram: @mumswithhustle
Twitter: @MumsWithHustle
Mums With Hustle® Podcast Community By Tracy Harris: @mumswithhustle

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