Protecting Your Business: A Guide for Independent Businesses

Protecting Your Business: A Guide for Independent Businesses

You’ve worked hard to build your business. All the energy and ideas you’ve poured into your marketing, branding and client relationships are worth protecting. But dealing with the legal side of running a business can be overwhelming and, when you’re already wearing so many hats, it can be easy to overlook.

That’s where this month’s guide comes in! We’re unpacking best practices for how to protect your business (read: all your hard work). From copyright and trademarks to online contracts and setting boundaries with your clients. 

This month’s guide covers:

  • What you need to protect your business 
  • How to set clear boundaries with your clients
  • Information about copyright and trademarks

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Protecting Your Business: A Guide for Independent Business Owners

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Consider trademarking your brand:

Is imitation the most sincere form of flattery? Not in business. Magi Fisher shares her guidance on what distinguishes a trademark from a copyright and how you can use these legal tools to protect your business. If you’re still wondering about whether a trademark is the right path for your business, get a second opinion from Joey Vitale. He explains how to conduct trademark research, level up your brand and where to start when it comes to trademarking your brand properties.  

Increase your client retention:

Protecting your business is good for you and your clients because, when everyone is on the same page from the start, there are fewer opportunities for misunderstanding later down the line. Claire shares best practices for how to maintain strong client relationships throughout your client flow no matter what situations may arise.

Set clear boundaries with your clients:

When it comes to your clients, you need to protect yourself from anything that makes you feel uneasy and a contract is the best place to set clear boundaries. Kunbi Odubogun shared her advice on how to get started. As you build stronger client relationships, learn what to do if a client breaks your contract. Christina Scalera shares tips for how to deal with difficult contract breaches with confidence, maintain the health of your business and keep good connections with your clients.

What’s Inside – Protecting Your Business

Copyright Vs. Trademark: What You Need to Protect Your Business  

Should You Get a Trademark?

Getting on the Same Page: How to Develop Client Relationships

How to Draw Boundaries Legally with Your Clients

How to Deal With Clients When They Want to Cancel

 

Copyright Vs. Trademark: What You Need to Protect Your Business // Magi Fisher

Protect your brand with the power of a trademark and keep your ideas out of the hands of competitors. Magi discusses the distinctions between trademarks and copyright and how to use these legal tools to defend your business.

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Should You Get a Trademark? // Joey Vitale

So you know what a trademark is, but how do you decide when it’s the right time to get one for your brand? Joey has some insights to share with you, including how to conduct trademark research, level up your brand and how to get started with the trademark process, if that’s what you decide is the best choice for you.

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Getting on the Same Page: How to Develop Client Relationships // Claire Bough

Learn how to create client relationships in which you and your client are consistently on the same page. Claire shares recommended strategies for how to maintain a strong connection with your clients throughout your client flow, regardless of the circumstances.

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How to Draw Boundaries Legally with Your Clients // Kunbi Odubogun

Feel confident about each new project you undertake by creating and communicating clear boundaries with your clients. How? With an iron-clad contract. Kunbi outlines not only the benefits of implementing contracts with your clients but also how to go about creating them.

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How to Deal With Clients When They Want to Cancel // Christina Scalera

It’s a fact of doing business that sometimes a client will want to cancel their agreement with you. No matter the reason, it’s important to have a clear process for how to deal with contract breaches of any kind so you can move forward in your business with confidence. Christina shares her tips for how to deal with challenging contract breaches and how to preserve positive relationships.

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Disclaimer: The advice featured in this guide and on the blog was sourced from our community members for sharing general information and knowledge. For specific legal, financial, tax, mental health and professional advice, please consult an authorized professional.