 Many side gig, small businesses start organically for women and the wheels begin to turn before the structure of the car is built. A friend asks you to do a little photography or design project, then she tells a few friends what a swell job you did, and before long you’ve got a full-fledged side gig, small biz. It’s exciting and feels good. But there’s an inevitable point in a small business where you begin to venture out of your friend zone to build a more robust client base, there lies the time for visible processes to be set in place for formality and optics sake.
Contracts convey legitimacy and cover your ass, so they’re well worth understanding and integrating into your initial small business set-up. My legal knowledge is limited, like my marriage license and parking ticket procedures are my only exposure to the justice system, so I reached out to my dear friend Whitney; she’s Corporate Counsel for Fortune 500 healthcare and life sciences company and has specialized in corporate contracts for the last five years. She spends most of her days pouring over high-stakes contracts, then interpreting and negotiating these complex documents. She beautiful and knowledgeable-the interview was a crash course in liability– here’s the scoop.
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