You are a director of a startup or small growing business to business or business to consumer small business with an annual turnover of between £50,000 and £1million, and have 0-20 employees.
Small and medium growing businesses need to have simple legal contracts like term and conditions, refund policies and confidentiality agreements.
As they grow, other common legal agreements are partnership agreement, licensee agreements and associates.
Startups often don’t think about legal agreements at the beginning but it is good practice to have legal agreements from day one as you look professional and it protects your interests. You know how hard you have worked to get your business up and running – imagine how you would feel if this disappeared?!