philadelphia Start-Up and Small Business law firm serving pennsylvania and new jersey
When starting or growing a business, it is important to seek legal advice and assistance when negotiating and entering into contracts. Failing to understand the terms of a contract or not clearly documenting the parties’ understanding and agreement can result in costly mistakes.
Some common contracts that start-ups and small businesses encounter include operating or partnership agreements, customer contracts, commercial lease agreements, employment agreements, non-disclosure agreements, and investor agreements. Even though agreements do not have to be written to be enforceable, it is essential to document the essential terms of these agreements in case there is a future dispute. Written contracts do not need to be lengthy, so long as they outline the parties’ agreement, including what happens if one party breaches the agreement.
If you have been presented with an agreement to sign, an attorney can review the agreement, explain the terms of the agreement, advise you regarding suggested changes to the agreement, and negotiate certain terms to protect your interests.
I am a start up or small business and have a contract to review or negotiate. What do I do?
If you need a contract or have received any type of contract from a landlord, customer, or potential business partner, contact Stephanie J. Mensing of Mensing Law LLC at (215) 586-3751. Ms. Mensing in an attorney with extensive experience reviewing and negotiating various types of legal agreements in Pennsylvania and New Jersey. Schedule a consultation today to ensure that your interests are protected.