5 min

14. 3 Things that Put Your Business at Risk Legals & Biz with Riz

    • Entrepreneurship

Hello Everyone! Welcome to Episode 14 of Legals and Biz with Riz! Today, I’ll be talking about the 3 things that could be putting your business at risk.
When you have put every ounce of yourself into something - a new business, a new project or idea - you want to make sure that it has legs to stand on and that it’ll be a success. Watching all of that blood, sweat and tears crash down around you would be a devastating thing! And we refuse to stand by and let it happen! So. Here are a few things to think about while you’re sweating and tearing and…blood letting…? That’s a weird saying. But, we digress.
Here are 3 things that put your business at risk.
1️⃣ Not having a privacy policy. Get on this. It’s a legal requirement if you’re having clients or customers sharing any information with you at all, even just an email address for your newsletter. Cover your arse.
2️⃣ Not having legal contracts. A pinky promise or a hand shake just doesn’t cut it these days, folks. You have to get everything down on paper. Due dates. Pay rates. Number of revisions. Scope. Rights. Then make sure both parties sign on the dotted lines.
3️⃣ Not trade marking your brilliant brand and business! You may be thinking, hey I’ll get there once I start making money. But that’s a big ol’ mistake, friends. By that point, someone else could have swept your brilliant brand or business name right out from under you. Because you know, people can be jerks sometimes. So when you know you’re in it to win it, get on the trade mark.
These 3 steps can get you started on the right foot early on, so you can stay focused on your brilliant ideas and building that empire! Now get to it, friends!
 
LINKS IN THIS EPISODE
Privacy Act - Small Business (oaic.gov.au)
Free Course - 5 Days to Scaling a Legally Legit Online Business
 
SUBSCRIBE & REVIEW
Don’t want to miss an episode?  Then subscribe to Legals & Biz with Riz!  I’ll be mixing up my regular episodes with sneaky little bonus episodes and you definitely don't want to miss those! 
If you’re feeling the love and want to share some around, I’d truly appreciate it if you could leave me a review! Taking the time to leave a review means so much, and it would also ensure that other people get to hear about me, too! What can I say? I love the love.  So go ahead, it’ll only take a minute! In iTunes, select  “Ratings and Reviews”, select the stars icon to leave your rating then click “Write a Review” button, this will open up a pop-up window for you to write and submit a review!  Easy peasy. Let me know what you liked about the podcast and I’ll make sure to create more content around your faves. Thank you so much!
 
FOLLOW ME
You can also find me:
Foundd Legal FB Page: https://www.facebook.com/founddlegal;
Build Your Empire for online businesses FB Group: https://www.facebook.com/groups/195775658339874/
Foundd Legal Instagram: https://www.instagram.com/founddlegal/
Foundd Legal Pinterest:  https://www.pinterest.com.au/founddlegal/

Hello Everyone! Welcome to Episode 14 of Legals and Biz with Riz! Today, I’ll be talking about the 3 things that could be putting your business at risk.
When you have put every ounce of yourself into something - a new business, a new project or idea - you want to make sure that it has legs to stand on and that it’ll be a success. Watching all of that blood, sweat and tears crash down around you would be a devastating thing! And we refuse to stand by and let it happen! So. Here are a few things to think about while you’re sweating and tearing and…blood letting…? That’s a weird saying. But, we digress.
Here are 3 things that put your business at risk.
1️⃣ Not having a privacy policy. Get on this. It’s a legal requirement if you’re having clients or customers sharing any information with you at all, even just an email address for your newsletter. Cover your arse.
2️⃣ Not having legal contracts. A pinky promise or a hand shake just doesn’t cut it these days, folks. You have to get everything down on paper. Due dates. Pay rates. Number of revisions. Scope. Rights. Then make sure both parties sign on the dotted lines.
3️⃣ Not trade marking your brilliant brand and business! You may be thinking, hey I’ll get there once I start making money. But that’s a big ol’ mistake, friends. By that point, someone else could have swept your brilliant brand or business name right out from under you. Because you know, people can be jerks sometimes. So when you know you’re in it to win it, get on the trade mark.
These 3 steps can get you started on the right foot early on, so you can stay focused on your brilliant ideas and building that empire! Now get to it, friends!
 
LINKS IN THIS EPISODE
Privacy Act - Small Business (oaic.gov.au)
Free Course - 5 Days to Scaling a Legally Legit Online Business
 
SUBSCRIBE & REVIEW
Don’t want to miss an episode?  Then subscribe to Legals & Biz with Riz!  I’ll be mixing up my regular episodes with sneaky little bonus episodes and you definitely don't want to miss those! 
If you’re feeling the love and want to share some around, I’d truly appreciate it if you could leave me a review! Taking the time to leave a review means so much, and it would also ensure that other people get to hear about me, too! What can I say? I love the love.  So go ahead, it’ll only take a minute! In iTunes, select  “Ratings and Reviews”, select the stars icon to leave your rating then click “Write a Review” button, this will open up a pop-up window for you to write and submit a review!  Easy peasy. Let me know what you liked about the podcast and I’ll make sure to create more content around your faves. Thank you so much!
 
FOLLOW ME
You can also find me:
Foundd Legal FB Page: https://www.facebook.com/founddlegal;
Build Your Empire for online businesses FB Group: https://www.facebook.com/groups/195775658339874/
Foundd Legal Instagram: https://www.instagram.com/founddlegal/
Foundd Legal Pinterest:  https://www.pinterest.com.au/founddlegal/

5 min