Ep 283: How to PROTECT Your Business Legally (without spending a fortune)
Jun 24, 2025
Discover how to protect your business without spending a fortune! Learn the importance of choosing the right business structure and creating strong contracts. Explore effective ways to safeguard your website and intellectual property. Get insights on when business insurance is truly necessary. Plus, uncover affordable resources like Small Business Legal 101 that can boost your legal knowledge. Whether you're starting out or already established, this knowledge is crucial for every entrepreneur!
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insights INSIGHT
Entrepreneurial Freedom vs Legal Risks
Entrepreneurs seek freedom to control their schedule, income, and life.
However, legal protection is often overlooked until problems arise.
insights INSIGHT
Why Legal Protection Matters
Four main reasons to legally protect your business are to prevent disputes, protect content, build trust, and ensure compliance.
Compliance also helps avoid fines and legal trouble.
volunteer_activism ADVICE
Register LLC Yourself for Protection
Register your business as an LLC to separate personal and business liabilities.
Avoid paying companies or attorneys to file LLC; do it yourself online to save money.
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In today's episode, I’m diving into a topic that every entrepreneur needs to understand: how to protect your business legally without spending a fortune. I may not be a lawyer, but after years of building and running multiple businesses, I’ve learned a lot about the legal steps small business owners need to take to stay protected and profitable.
I’m sharing what I’ve learned about choosing the right business structure, using solid contracts and client agreements, creating essential website policies, protecting your intellectual property, and knowing when (and what kind of) business insurance makes sense. I’ll also introduce you to Small Business Legal 101, a practical and affordable course taught by licensed attorney Sam Vander Wielen, available inside Startup Society.
Whether you’re just getting started or have been in business for a while, this episode will help you understand the key legal protections your business needs and how to get them in place without breaking the bank.
Listen to the full episode to hear:
The most important legal protections every small business should have in place
How to set up contracts and agreements that actually protect you
Affordable ways to safeguard your website, content, and intellectual property
When you really need business insurance and when you might not
Want to quit your job in the next 6-18 months with passive income from selling digital products online? Check out Startup Society.
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