Do you have current permits for all your business operations?

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There are many city, county and State permits that you need to pay attention to in your business. Make sure you have them, or your rights might be seriously reduced when you need them.

Does your company undergo periodic legal checkups to ensure compliance with the latest laws and regulations?

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Simplicity Law holds annual interviews with all of our clients to make sure they are on top of various laws and regulations and to make sure they are aware of the latest laws and regulations that affect heir business.

Do you make use of cost-effective and time-effective small claims court proceedings where possible?

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Many times, small claims courts can lead to a quick and simple resolution of issues without involving lawyers or excessive costs.

Do your agreements limit the other party’s right to sue you?

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In some cases, you can include waivers in your agreements that limit the right of someone to sue you.

Do your commercial contracts require parties to resolve disputes with cost-effective arbitration provisions?

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Do you use arbitration clauses in your agreements to avoid litigation? Do you use the most cost-effective arbitration or mediation strategies? Do you know the times when arbitration should be avoided?

Do you have protection in your default clauses so you have time to fix before it is too late?

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In many agreements, it is possible to have grace periods or cure periods to fix defaults before the agreement is breached or terminated. This can help avoid costly penalties and collection efforts.

Are you careful in your promises (covenants) in agreements to make sure you’re able to meet them under a variety of circumstances?

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A small business should consider a variety of circumstances to determine whether it can meet its contractual promises in the future and provide exceptions for those promises it may not be able to meet.

Do your company’s agreements contain protection from liability for defective products and services?

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In many agreements, a small business can eliminate or minimize its protection for defective products and services.

Can the average person understand what is meant by your contractual obligations?

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Contracts have a lot of legal mumbo-jumbo. It is important to make sure you can understand what is in an agreement or write it in a simpler way that is understandable.

Have you structured your contracts to minimize personal and business exposure to liability?

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Contracts for a small business should be written in a way to limit the warranties and other guarantees that you provide. They should always be in the name of the business and not the owner’s name.