Listen "Ep. 6: Don't Do business under friendship protect your assets"
Episode Synopsis
In this powerhouse episode, Mark Crandall sits down with business attorney Nick Dupre to break down one of the most avoided—but critical—topics in entrepreneurship: legal protection. If you've ever formed an LLC on a state website and thought you were covered...this episode is your wake-up call.Nick walks Mark (and you, the listener) through the exact steps to properly form and structure your business to avoid costly mistakes down the road. They unpack everything from the importance of bylaws and operating agreements to the dangers of jumping into equity without doing your due diligence.What You’ll Learn:Why your business is legally vulnerable if you don’t have more than just an LLC filingThe difference between a member and a manager in an LLC—and why it mattersHow equity deals can either make you rich or strap you with someone else’s debtHow to vet a business attorney (and red flags to watch out for)What to include in your contracts to ensure you get paid (regardless of results)How the litigation process works and why negotiation beats court almost every timeWhy flat-fee billing with attorneys may save you money (and stress)Mark’s Favorite Moments:Nick’s brutally honest advice: “Maybe you don’t need another partner.”A real-life example where Nick’s demand letter instantly ended a $20k refund requestThe most compassionately aggressive attorney email Mark has ever readWhy It Matters:Whether you’re building a seven-figure business or just getting your first client, the structure you put in place now could determine how easily you scale—or how quickly you collapse. Nick’s insight helps you skip the legal landmines most entrepreneurs don’t see until it’s too late.Resources & Mentions: Get free access to the Testimonial Waterfall System: https://scaletosaleconsulting.com
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.