“The time to repair the roof is when the sun is shining.
John F. Kennedy
As the sun rises on this new year, take a look at the contracts you have in place with your customers and vendors. Take note of deadlines, insurance requirements, key contacts and your scope of work. If anything has changed, you will want to give proper notice to the other party or possibly renegotiate portions of the agreement. It is a good idea to do the same with leases. It is easy to sign a contract and forget to ever look at it again, but there are reasons to revisit your contracts from time to time. A contract connects you to the people and companies key to your success. A contract provides guidance and protection.
If your business has recently experienced growth, consider also reviewing the internal processes that contribute to your growth and take time to meet with professionals who can help you grow. An accountant or financial planner can advise you as to tax planning and employee benefits which can help you attract and keep employees. Branding professionals can help you position and develop marketing for smarter positioning with your potential customers. At HWK Law Group, we can work with you to evaluate your current entity structure, revamp old formation documents, plan for the growth of key employees, review new leases, or update and manage your contracts. The time to address these matters is before a problem arises. Contracts connect, and preventive maintenance helps avoid emergencies and broken connections. Contact HWK for a review of your contracts and entity documents.