Business Contracts

BizWiz Consulting

Business Contracts

In business, written contracts play a vital role in any business transaction and are important because they outline expectations of parties involved and set the terms of your agreement, protecting you from potential legal pitfalls. These contracts organize the terms and how it will operate. We can help you develop and draft legally binding business contracts that protect your interest, mitigate risk, resolve potential misunderstandings, and serve as a future reference. General business contracts include:

Operating Agreement:

legally binding document that limited liability companies (LLCs) use to outline how the company is managed, who has ownership, and how it is structured.

Partnership Agreement:

Involves what each partner will bring to the table, the relationship between partners and their stake in the company (ownership or shareholder interest).

Indemnity Agreement:

Protects a person from legal damages if something bad happens within the business

Non-Disclosure Agreement:

Provides businesses the ability to protect and ‘seal’ sensitive information obtained from the created document and the ability to pursue a claim upon the party that violates.

Sales Agreement:

Purchase and sale of business assets.

Promissory Note:

Loan document