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The legal must-haves of going out on your own

But according to O*NO Legal Founder and Legal strategist Kristen Porter, many start-ups put legal protection in the too-hard basket, deeming it unimportant or too expensive.

โ€œWhat Iโ€™m hearing is a lot of people start their business, then say theyโ€™ll deal with the legal stuff next year, or when they have more staff, or some other future date.

โ€œBut that leaves them vulnerable in the meantime.โ€

Ms Porter said one of the most common questions sheโ€™s asked is โ€˜when do I need legal protectionโ€™?

โ€œYou donโ€™t need everything right now, but you need a plan in place,” she said.

Thatโ€™s why O*NO Legal has launched its From Start-up to Success Webinar: The legal must-haves of going out on your own.

โ€œIf you are in real estate and are thinking of opening your own agency, or if you have already done so and been in business less than two years then this webinar is for you,โ€ Ms Porter said.

โ€œStarting your agency and building a valuable asset needs a solid legal foundation.

โ€œAgencies have very different needs throughout the business lifecycle, and it can be confusing as to when you should address each operational and legal element.

โ€œThis webinar will teach you about the legal โ€˜must-havesโ€™ you need to start and grow your agencyโ€™s revenue and equity value, and how to protect it.

โ€œWeโ€™re going to be teaching you what your legal needs are, not just as a start-up, but also through the business lifecycle.โ€

The free webinar will also cover:

  • How sorting your legals will increase the value or your agency and have you โ€˜sale readyโ€™ at all times
  • What you need to think about if you are going into business alone versus with others
  • What you need to do to create and protect your brand
  • What corporate structure is best for you.

โ€œMany real estate agents are really good at being on the tools, but  when they step into the business owner space, theyโ€™re not sure what support they might need,โ€ Ms Porter said..  

โ€œOne of the reasons Iโ€™ve been able to grow so quickly is because Iโ€™ve had a really good team around me.

โ€œI want to share that with other up and coming businesses, and the first step is this webinar.โ€

The webinar is completely free, andย  will take place 24 March 2022 at 11 am AEDT.

To register, visit https://www.onolegal.com.au/start-up-webinar-registration-page.

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Nicole Madigan

Nicole Madigan is a freelance journalist for Elite Agent.

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