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Law Chat with Girija

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  2. Journey of Setting Your Business Up for Success ft. Season 2

Journey of Setting Your Business Up for Success ft. Season 2

Aug 4, 2022

We’re celebrating 100 episodes of Law Chat with Girija. Tune in to binge on some of our best tips to start and scale a business over the episodes as we celebrate.

 

Episode Introduction: 

In today’s episode of Law Chat with Girija, we’re discussing business, legal, financial, and creative strategies to help your entrepreneurial journey easier.

 

Episode Summary: 

We share quick bite-sized recaps of some of the most instrumental tips shared by Girija over the past season to help you make quick notes on systemizing and growing different aspects of your business.

 

Main Takeaways:

  • Business planning starts with brain dumping.
  • A mission statement is an essential component of your business plan.
  • The three key areas to tap into when networking:
  1. Where is your ideal client hanging out?
  2. Where are your industry peers hanging out?
  3. Where is your growth opportunity? 
  • Maintain your books diligently to ensure that your business finances are in order.
  • Setting up your systems and SOPs is a crucial part of ensuring that your business is set for success.
  • Setting up your business as an entity is a great way to ensure that you can attract investment opportunities for your business.
  • When deciding on a name for your business, a simple Google search can help save you thousands of dollars. Ensure that no one is using the name you’re planning to use (or something extremely similar) in the same capacity that you’re looking to use it in.
  • Having the notice clause in your contract helps you effectively and legally exit a contractual relationship early. 
  • It is legally required to have a privacy policy on your website especially when you’re collecting information from the user.
  • When using a third-party website to get your logo made or a DIY logo maker, ensure that you read the terms and conditions to confirm that you actually own the logo.
  • Some of the first few questions to ask when you’re about to hire a lawyer:
  1. What kind of law do you practice?
  2. How many times have you worked on a case similar to mine?
  3. What was your success rate/ was the outcome positive or negative?
  4. What does it look like to work with you?
  5. How may I contact you when needed?

 

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Get the visual experience, watch the videocast for this episode: https://youtu.be/6otf-GjUzjA

 

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

 

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