Business Planning - Tennessee Business Contracts

Well-drafted employee handbooks and policy manuals that are specific to your business help protect you by setting forth clear guidelines for your employees and legal obligations of the employer.

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It is important that employers enter into well drafted consulting/independent-contractor agreements and regularly review their contractual arrangements with independent contractors to identify potential misclassification issues. 

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Non-competition, non-disclosure and confidentiality agreements are legal documents that attempt to restrict employees from engaging in several types of activities, such as: performing the same job responsibilities for a competitor, launching a new business that competes with the employee’s current employer, luring clients away from the employee’s current employer, and disclosing proprietary or trade secrets.

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Whether you lease or own your office space, this component of your business constitutes a sizable financial commitment. Because of this, most professionals tend to concentrate their negotiations on price. However, because the cost to relocate a business is so high, your negotiations should not overlook other risk factors specific to your industry or profession.

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Whether your business sells products, services or a combination of the two, a well-drafted sales agreement will help protect your business interests and promote a clear understanding between all parties.

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Head back to our business planning home page. We’ve created a rich diversity of Business planning common questions as they relate to Nashville and Middle Tennessee

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