Scaling the Smart Way: Avoiding the Legal Landmines of Growth

Episode Summary:
In this episode, Richard P. Corey, business strategist and trial attorney, shares insights on how to scale a business without creating legal exposure that could jeopardize years of progress. From identifying signs of growth outpacing legal structures to updating governance documents and mitigating compliance risks, Richard provides vital advice for businesses navigating expansion.

Key Timestamps:
00:00 – Introduction
00:45 – Signs of growth outpacing legal structure
02:30 – Evolving legal frameworks for business expansion
04:15 – Impact of unclear ownership terms on revenue generation
06:00 – Overlooked compliance issues during business transition
07:45 – Protecting the company with employment contracts and policies
09:30 – Safeguards in agreements when bringing in investors
11:15 – Managing risk while maintaining momentum and creativity
13:00 – Importance of strategic outside counsel in scaling a company
15:30 – Updating governance documents before signing new agreements

About the Show:
Enterprise Unleash Business Law and Innovation is a podcast hosted by experienced business strategist and trial attorney Richard P. Corey, focusing on practical strategies for businesses to navigate legal challenges and drive growth.

#BusinessLaw #ScalingBusiness #LegalCompliance #BusinessGrowth