Charlotte Business Lawyers

Establishing an LLC or Corporation in Waxhaw, NC

Business decisions are often finalized without a legal contract. A verbal commitment and a handshake might be fine at first, until it is not, and disputes arise. When disagreements erupt between partners, vendors, and customers, or other parties, things can get messy and expensive. It is times like these when you wish you would have drawn up a business contract with a lawyer.

Business Contracts

Good business contracts take the chaos out of deals and can save you time and money.

Consider the following scenarios:

• You accidentally got involved with a shady party with (as you later learn) a reputation for breaking agreements, cheating business partners, and leaving other companies when they are down.
• Your verbal agreement was drawn up by an associate or a partner who is no longer involved in your company and now no one knows who is supposed to be doing what.
• The two parties involved are both honorable, but there is an honest disagreement over deliverables, deadlines, or other conditions that were verbally specified long ago.

You can see from some of these scenarios that written business contracts serve to protect the best interests of both parties involved.