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Thursday, August 15, 2013

Mistake #1 of 7: Oral Agreements.

Business owners often start off their enterprise with handshakes and oral promises.  The failure to reduce your agreements to writing creates substantial risks.  A thoughtfully crafted agreement protects you by, among other things, defining your rights and obligations, outlining payment terms, limiting your exposure to damages, and setting forth the governing law should a dispute arise.


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