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#521 4 Contracts All Business Owners NEED To Know...
Manage episode 435238465 series 1248143
Join hosts Mark J. Kohler and Mat Sorensen in this latest episode of the Main Street Business podcast as they dive into the critical contracts every business owner should understand. They examine various lease types, discuss the complexities of partnership agreements, and outline the key components of effective employment and service contracts to help listeners navigate their business relationships with confidence.
Here are some of the highlights:
- Mark and Mat introduce four essential contracts for small business owners and investors.
- Explain different types of commercial leases (triple net, gross lease).
- Mark and Mat emphasize the importance of clarity and thoroughness to prevent disputes and enhance business relationships.
- Share a real-world example of a landlord losing money due to misunderstanding lease terms.
- Discuss employment agreements and independent contractor agreements.
- Stress the need for clear terms on responsibilities and dispute resolution.
- Highlight common issues in partnerships, such as funding and decision-making.
- Provide tips on approaching lawyers for contract review and drafting
- Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
- You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
- Curious what my new certification is all about? Learn More
- Looking to connect with a rock star law firm? KKOS is only a click away!
- Grab my FREE Ultimate Tax Strategy Guide HERE!
- Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
- Craving more content? Check out my Instagram!
Kapitel
1. Contracts for Small Business Owners (00:00:00)
2. Understanding Commercial Lease and Partnership Agreements (00:08:39)
3. Navigating Business Contracts and Agreements (00:20:21)
4. Importance of Clear Business Contracts (00:29:13)
5. Sign Deals Wisely and Strategically (00:34:25)
640 Episoden
Manage episode 435238465 series 1248143
Join hosts Mark J. Kohler and Mat Sorensen in this latest episode of the Main Street Business podcast as they dive into the critical contracts every business owner should understand. They examine various lease types, discuss the complexities of partnership agreements, and outline the key components of effective employment and service contracts to help listeners navigate their business relationships with confidence.
Here are some of the highlights:
- Mark and Mat introduce four essential contracts for small business owners and investors.
- Explain different types of commercial leases (triple net, gross lease).
- Mark and Mat emphasize the importance of clarity and thoroughness to prevent disputes and enhance business relationships.
- Share a real-world example of a landlord losing money due to misunderstanding lease terms.
- Discuss employment agreements and independent contractor agreements.
- Stress the need for clear terms on responsibilities and dispute resolution.
- Highlight common issues in partnerships, such as funding and decision-making.
- Provide tips on approaching lawyers for contract review and drafting
- Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
- You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
- Curious what my new certification is all about? Learn More
- Looking to connect with a rock star law firm? KKOS is only a click away!
- Grab my FREE Ultimate Tax Strategy Guide HERE!
- Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
- Craving more content? Check out my Instagram!
Kapitel
1. Contracts for Small Business Owners (00:00:00)
2. Understanding Commercial Lease and Partnership Agreements (00:08:39)
3. Navigating Business Contracts and Agreements (00:20:21)
4. Importance of Clear Business Contracts (00:29:13)
5. Sign Deals Wisely and Strategically (00:34:25)
640 Episoden
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