|
||
 |
Common Types of Business Contracts
When first establishing a new business it’s important to identify and create the necessary business contracts for operations, company structure, and employee matters. Depending on the nature of your business, there are many appropriate business contracts that you will require, and many seemingly common business contracts you don’t need.
For experienced help in determining the appropriate business contracts for your new business, as well as assistance in drafting and approving said contracts, a Los Angeles business law attorney can be of great assistance.
Common Sales-Related Business Contracts
If your new business is a company involved in the sale of goods you will need to consider the following common sales-related business contracts:
- Bill of sale;
- Purchase order;
- Warranty;
- Limited warranty; and
- Security agreement.
While not all of these business contracts are necessary for all sales businesses, you should consult with a Los Angeles business law attorney to make sure these and any other appropriate business contracts are drafted properly.
Common Employment-Related Contracts
Every business has employees, even if it is a family-run company. Because the type of employee can vary from business to business, there must be careful consideration taken for filing the proper business contracts for non-compete clauses, contractors, consulting, representatives, and many other employee functions. Some of the common types of business contracts related to employment include:
- Basic employment agreement;
- Employee non-compete agreement;
- Independent contractor agreement;
- Consulting agreement;
- Distributor agreement;
- Sales representative agreement;
- Confidentiality agreement; and
- Employment separation agreement.
Other Common Business Contracts
Establishing a new business involves a tremendous amount of paperwork and documentation early on to avoid legal action in the future. The more complete and well drafted your business contracts are, the better they will hold up against any legal action you may later face. A Los Angeles business law attorney can help you prepare your business contracts early on so they serve you well in the future.
Some of the other common business contracts your new business may need are:
- Franchise agreements;
- Settlement agreements;
- Real property leases;
- Indemnity agreements;
- Releases;
- Equipment leases;
- Assignment of contract;
- Joint venture agreement;
- Partnership agreement; and
- Agreement to sell business.
Again, not all of these will apply to your business, and there are many more business contracts that may be necessary to your situation. For the best advice on what you need to consider, a Los Angeles business law attorney can help.
Hiring a Los Angeles Business Law Attorney
To ensure you are working on the appropriate and required business contracts you should enlist the help of a Los Angeles business law attorney. It is best to develop your business contracts early on in the business development stages so you’re not scrambling to draft them when they are required for use.
A Los Angeles business law attorney from the Adli Law Group P.C. will help you review your business plan and determine the appropriate business contracts. Contact us today for experienced help with drafting your business contracts – 213-290-4933.
