By On Feb 22, 2018 Form Template
If the transaction is for a large amount, the cost of an attorney to draft a document is relatively small compared to the cost of losing money in the transaction. However, if you have basic needs, such as requiring standard employment contracts, it obviously makes no sense to spend hundreds (possibly thousands) of dollars hiring an attorney to draft the contracts. If your business has legal needs, but you do not want to spend considerable money on attorney fees, sites like QuickBooks Documents may be your ideal solution, providing step-by-step guidance in customizing attorney-drafted documents and legal forms. This will ultimately save you significant capital that can be devoted to more pressing entrepreneurial needs, such as growing your consumer base and expanding your workforce. Every penny counts for startups and small businesses, but some companies try to save money by neglecting to draw up contracts or to seek legal advice. This is penny wise and pound foolish. In the long run, your attempt at savings can cost your company, both in the event of legal action down the road and in lost opportunities. While your frugal sensibilities may also be used to steer clear of uncharted waters to avoid risk, lawyers who have navigated these seas before can help you maneuver around legal pitfalls—and guide you to greater payoffs. This could include drafting your articles of incorporation, invoice terms or even how you budget. In todays market, finding and paying for legal advice has become much easier.
The standard form is immediately recognized by all parties in a transaction and the county clerks, said Daniel Price, president and CEO of OneTitle National Guaranty Company, who deals with real-estate transactions using powers of attorney frequently. If you presented them with anything other than the standard form there is no guarantee that the clerk would accept and record it. Laws and regulations are the bedrock of a peaceful and orderly society. No one can escape the legalities the world may offer. It is always a good practice that we comply with the legal documents in order to make our actions official and cognizable under the law. To escape from the technicalities of the legal world, we have for you here an array of legal document templates to provide with the necessary paperwork for compliance and legal purposes. Our templates are downloadable and easy to understand. They are well-researched and formatted according to certain laws. Feel free to check out our templates. When it comes to being an entrepreneur, there is simply no way around legal paperwork. After all, it constitutes the very framework of your business, minimizes risk and helps protect your interests. So how do you go about drafting and managing employment agreements, partnership agreements, employee handbooks and independent contractor agreements, just to name a few?
Recently, there has been an explosion of websites and services geared toward helping people sort out their legal issues themselves. Many of these sites offer these legal forms, documents and templates for a flat or monthly fee (as opposed to expensive hourly rates for a lawyer), while others offer their forms free of charge. The gist is simple. You answer a few basic questions, such as the parties names, the specifics of the contract and a few others, and the site creates a document for you based on the answers you have provided. Some sites provide a wider range of legal services, from filing a trademark, creating a living trust, to forming an LLC, among others. However, these services are rather straightforward, and if you have a specific requirement that is somewhat specialized, these services may not be for you. So which is the right choice for you? If you are like most entrepreneurs starting out, you do not have capital to burn, so the choice might already be made for you. However, if you are on the fence, here are some pros and cons to implementing customizable legal documents and templates that should help you make a decision. During the tumultuous course of running a business, you will face multiple difficult choices that may spell the difference between success and bankruptcy. Consider conducting a cost-benefit analysis to balance the complexity of your legal needs against the costs of hiring professional help.
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