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Business owners often neglect the legal aspects of their business, which can exact a heavy cost. Attorney Ashley Fillingim breaks down some of the legal basics that every expert, influencer, and thought leader should understand and implement in their own business. Some key points:
- Understanding contract basics: offer, acceptance, consideration
- Why formality must increase as the stakes increase
- Why contracts are relationship builders
- Why collaboration contracts are necessary
- Why you must protect your intellectual property
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