legally_kiri

There are several reasons why a contract or portions of it may be deemed unenforceable and there is no one size fits all answer to this question. 🤨

In general however, a legally binding contract must have the following 3 elements:

1) Offer - A specified offer to do (or not do) something must be made. (I.e. Bob offers to sell you his vehicle in exchange for $10k). ☑️
2) Acceptance - A showing that the offer made was accepted by the other party. An agreement to be bound by the terms. (I.e. you sign the contest agreeing to purchase Bob’s car for $10k). ☑️
3) Consideration - The benefit of the bargain that each party to the contract gets from the agreement. (I.e. Bob gets 10k and you get the vehicle). ☑️
Although contract law is complicated and several factors will come into play to determine the enforceability of the specific contract in question (I.e verbal or written, competency of the parties, etc.) the above three basic factors are a good place to start and will come up in every contract dispute. 📄🖊
This post is for informational purposes only & is not intended as legal advice, nor does it create an attorney client relationship.

Let’s talk about diluting your business by ‘doing too much.’ 🙀

I see this most often come up in the following 3 ways:

1. Not having a defined business model/target clientele - It may be tempting to take on as many clients as possible, even those outside the scope of your business model. This will do more harm than good in the long run. You will find your business is less defined and therefore less marketable to your target clientele. You may be spread too thin & your business will often suffer as a result.  
2. Trying to grow too fast - Work on and master your trade/product until it is perfected before branching out into other areas. I often see business owners who begin with a niche get pulled into the temptation of quickly adding other services/products to make a quick buck. Quality over quantity is the key for long term success.
3. Ignoring your gut instinct - Often times business owners will ignore their gut instinct about a potential client because they either: (1) want more clients or, (2) want to help someone in need. If you get an “off” feeling about a client right off the bat, do not ignore that feeling, even if it means potentially turning away a client or someone in need.  I can say from experience that each time I have ignored my gut feeling, I have come to regret it. Chances are your gut is right and the potential strain on your business will have you wishing you had listened.

In summary: Create a clear business plan/model and define your ideal clientele. Do not try to grow too fast. Master your craft and become the best you can at it before expanding into other things. And lastly, always trust your gut. 😎😌

Do the dang thing! 💪

Everything you want is waiting for you just beyond your comfort zone.

When starting a business, it is not uncommon that new business owners just want to get as many clients as they possibly can. Sound familiar? 😬

But, identifying your ideal clientele early on will save you a lot of headache in the long run. By identifying who your ideal client is and avoiding taking on clients that do not fit that mold, you are defining the scope of your business which is key for long term success. 💰💸

By taking on clients who may not have the budget for your services/product, whose goals do not line up with your products/services, or whose personality simply does not mesh with your company’s vision, you are creating future stress and discontent. Most importantly, you are diluting your brand. (More about this in my next post). 🥴🥴

So, who is your ideal client?

First, what is the product/service you are offering? Almost every product/service is designed to help people solve a problem or to add to the quality of that person’s life. What is the ‘problem’ and does your product/service solve it? ✅

Second, what is their budget? What do they spend their money on? Especially for service-based businesses, it is not uncommon that you just want to help someone who may not have the means to keep up with your services. While noble, this often causes a lot of discontent in the long run and plainly, you can’t help everyone. 💰

Do you mesh well with your client? We have all gotten “bad vibes” from people in the past. Through experience, I have learned it is almost always a bad idea to override your gut. If it feels “off”, it probably is. Stop being “too nice.” 😇😉

Identify who your ideal client is & stop taking on business that does not line up with those goals for the sake of getting more clients/sales or being too nice. 💥🤯

A little sprinkle of Monday Motivation to start your week off right. ♟✨❤️

This is for all the go-getters, game changers & risk takers. 👏❤️👊

📣Tag your favorite entrepreneur below (or give yourself/ your company a shout-out).

You don’t want to miss this event!

When: Thursday, February 17, 2022 at 5:30 p.m.
Where: Simple Realty Professionals
1 N. MacDonald, Mesa, AZ 85201

LEARN MORE & RSVP NOW!

Link in caption, bio & story! 🏡❤️⚖️

https://fb.me/e/2OWfzlBxB

There are non-monetary ways you can support your favorite small businesses while spending time on social media. ❤️😊

If you have any other ideas drop them below for others ⬇️

📣Hard Truth PSA:

If you want respect for yourself, your company and your brand, you earn it. 💥This applies to your clients/customers, employees, peers & the general public.

Be a company, brand, employer, and person with ethics. ❤️ Treat others with respect. That’s how you earn real respect and that’s how you build long term and sustainable relationships with your client base, your peers, your employees & the market. 🙏🥰

Let’s play the name game 🎯

What is a fictitious name and does your business need one ⁉️🤨

A fictitious name, also known as a DBA (doing business as) or a Trade Name is only necessary if you are operating under a name that differs from your legal name. 🤓

For example if your company is registered as Heather Smith, LLC but you market and promote your business as “Heather Smith Designs” you should obtain a fictitious business name. ☑️☑️

Although obtaining a DBA does not give you the exclusive rights to a business name nor does it operate the same as an actual corporate or LLC filing with the ACC, it is an added layer of protection and a step you should consider taking if you are doing business under a name that differs from the registered name of your business entity. 😌📄

Need more information on this ? Send me a DM & let’s connect! 📲

This post is for informational purposes only & is not intended as legal advice, nor does it create an attorney client relationship.

It’s never too late to begin something new. Instead of spending all of your time complaining and dwelling about the job you are miserable in, use your time to start making your escape plan. ⛓🏃🏻‍♀️💨

Moping won’t get you out of your current situation. 😭 Use that time effectively and start taking the steps to follow your own dreams. 🦶💭❤️

Don’t know where to start ? Message me and let’s get to work! 📥🖋

You can’t deposit excuses. 💰💰

And excuses are easy to come by. You can give yourself a million reasons why RIGHT NOW isn’t the best time. ⏰😬

But guess what?

Next year, you will have another excuse as to why it’s still not the best time. 🥱

Let’s be honest, life is never going to “slowdown.” There is never going to be a perfect time to pursue your dreams. But, if you want it bad enough, you will make the time instead of making excuses. 🏁❤️

While you are making excuses, someone else is making your dream happen. 🛌💭

Put in a few hours each week outside of your regular job and life responsibilities. Take small manageable steps. You don’t have to do it all overnight. But each of those small steps is a step ahead of where you were before. 💪👏

The best time to invest in yourself is right now. ⏰💲💸

“You can’t sit with us” …

….no really, you can’t. My client doesn’t want to waive their attorney-client privilege. 🤫

So now you may be wondering, what exactly is attorney-client privilege anyway? 🧐

The attorney-client privilege refers to a legal privilege that operates to keep confidential communications between an attorney and his or her client a secret, even in light of an attempt to compel disclosure. 🤐🙅🏻‍♀️

The client is the holder of this privilege. The privilege is based on the idea that a client is likely to be more forthcoming with all of the relevant information if the client knows the attorney will keep those communications a secret. ☑️😌

Of course, there are exceptions and waivers to said privilege, one of those being waiver by the client.

So, when I tell you that your friend, brother, or girlfriend cannot sit in on our meeting unless you are open to voluntarily waiving your privilege, I am not being a “mean girl”, but rather am warning you of your waiver of that privilege. 🥰

Generally, once you allow a third-party to hear those communications, those communications are no longer privileged. 😳😬

This post is for informational purposes only & is not intended as legal advice, nor does it create an attorney client relationship.

If you are a small business owner… this one’s for you. 📢🎤

As of January 1,2022 the IRS requires all third party payment apps such as PayPal, Venmo, Stripe, Square, Cashapp & Zelle to file and furnish a Form 1099-K for each payee who receives more than $600 dollars in payments for goods or services for the calendar year! ‼️‼️

In other words, if your business receives more than $600 in total payments for goods and services over the course of the calendar year, that income must be reported. This does not apply to personal or friends/family payments and only applies to payments for goods and services. 💸💰

The change to the Tax Code was signed into law as part of the American Rescue Plan Act, the Covid-19 response bill which was passed in March of 2020. 📊📩

This varies significantly from the previous threshold which only required reporting where the payee had over 200 commercial transactions exceeding $20,000. 😮

💰As we start a new year, it is highly advisable that you speak with your accountant or tax preparer regarding the new changes. ⭐️

This post is for informational purposes only & is not intended as legal advice, nor does it create an attorney client relationship.

Hello all, I have created this page to link up with my Instagram account, so I can more easily share my posts with each of you. Please give this page and my Instagram a follow for legal tips and updates with a fun twist! If you are an entreprenuer or business owner... these pages are for you! Thank you for the continued support. 😀⚖️