In this episode, Attorney Richard Corey breaks down why every business owner needs well-structured contracts. From avoiding costly disputes to protecting partnerships and managing equity, he explains how clear agreements can save your business from unnecessary legal trouble.

00:00 – Richard Corey shares how strong contracts are the foundation of every successful business. 01:45 – How vague or recycled contract language leads to conflicts. 03:20 – Why “standard agreements” don’t work for every company. 05:00 – The danger of unclear terms and why specifics matter. 06:15 – What makes an agreement legally solid. 08:00 – Why business owners should never negotiate alone. 09:30 – The pros and cons of different dispute resolution methods. 11:00 – Why contracts matter even more when personal relationships are involved. 13:00 – Examples of how poorly written clauses lead to major losses. 15:00 – Richard’s advice for creating smarter, safer contracts.

Enterprise Unleashed: Business, Law & Innovation explores real business challenges and the legal insights that help solve them. Each episode features experienced attorney Richard Corey sharing practical strategies to help founders, executives, and entrepreneurs protect and grow their companies.