Ep. 110 - Five Hidden Contract Traps That Could Bankrupt Your Business
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Ep. 110 - Five Hidden Contract Traps That Could Bankrupt Your Business
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About this listen
Your contracts may be putting your business — and personal assets — at risk without you even realizing it. In this episode of the Business SOS! Podcast, Rich Sierra, President of the Florida Small Business Legal Center, reveals the 10 hidden contract traps that can cost you thousands and even jeopardize your business.
You’ll learn:
⚠️ How non-compete and non-solicitation clauses restrict your future
⚠️ Why indemnification clauses could make you liable for someone else’s mistakes
⚠️ How automatic renewals and fine print can drain your cash flow
⚠️ The danger of personal guarantees in commercial leases
⚠️ Negotiation strategies to avoid costly disputes
Whether you’re signing with vendors, partners, or landlords, this episode will help you protect your business, money, and future.
📌 Contact Rich Sierra:
📧 Email: Rich@RichSierra.com
🌐 Website: https://www.FloridaSmallBusinessLegalCenter.com
📞 Phone: 866-842-5202
📱 Facebook: @FSBLEGAL
📸 Instagram: @FSBLEGAL
📺 YouTube: https://www.youtube.com/@RichardSierra
💼 Digital Card: https://poplme.co/hash/Qd9D1azj/1/s
📘 Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them is available on Amazon, Barnes & Noble, or at your local bookstore.