What to do when a client doesn’t pay up
7th May 2019
On the fence about hiring a lawyer?
Here are 5 clear signs you need some legal guidance.
Is your business growing at such a rate that you can no longer do everything yourself? Are the complexities of needing to legally protect and safeguard your business daunting and keeping you awake at night?
Managing the legal aspects of one’s business is the last thing you want to worry about. To help you decide if the time is now, here are 5 signs that your business needs legal help.
You don’t have enough time for everything
A growing business means more customers, more paperwork and more staff. It just seems to get more and more and no time to complete everything that needs done.
You are not confident in your legal expertise
Not everyone has a legal background and if you have doubts that your legal affairs are not in order, maybe you feel that you have not protected yourself against non-paying customers, or you have a new partner or just trying to keep on top of legal compliance.
Create a legal contract for peace of mind.
Legal is taking you away from driving sales
You may have no choice but to let sales take a dip because you are trying to make head and tail of legal jargon, but the thought of the associated costs are scary. Consider creating a profile where you can generate an assortment of sound legal documents and agreement within minutes, so that you can focus on what you do best.
You can’t digest legal fees anymore
There is always a time and place for face to face legal advice and expertise, but there are also times when you can get fantastic value on an online portal that creates binding contracts for you, simply and quickly, and of course you won’t have to sell your house to pay for them.
Avoid costly litigation down the road
If you want to guard against the likely possibility of expensive litigation down the road, whether it be in attempting to recover outstanding amounts owed by bad debtors or dealing with and ex-employee or contractor who hasn’t performed, you need to ensure that you have water tight contracts in place!
Have you reached that point yet?
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