thanks a lot for coming by today!
I know legal stuff is not really exiting, but there are a couple of things we all need to take care of.
Even if we don't like it, there are just a few things we need to do in order to be save. It would be a shame if your creative business is going great and then you have to pay a big fine, because you made a slight mistake.
Such a fine could mean you have to shut down your business, so make sure to talk to a lawyer.
I will give you a few things you should at least think about, but I am not a lawyer! So I only can give you tips out of my own experience and things I learned through working with my clients.
Those tips can't replace a meeting with your lawyer!
I translated all the insights I gathered around legal stuff into the forth part of the BIZ-Checklist.
So enough introduction, let's dive right into the BIZ-Checklist:
Did you do research about all the different legal forms for your creative business?
Did you ask a lawyer?
When starting a business of any kind, you will need to choose a legal form. For certain business forms there are different rules according to how you need to do your taxes, what happens when you run out of money, how you’re allowed to do business and so on.
In every country there are different types of business you can start. So make sure to talk about this with a lawyer and do some research.
You want to make sure that you’re choosing the right form for your current circumstances.
Have you informed the relevant authorities in your country? Or do you know when you need to do so?
Before you can start selling your work and taking on clients you need to officially be a business.
Therefor you need to declare to the relevant authorities in your country that you started a business.
In some countries you may also need to inform the tax agency that you are in business, in other countries your are automatically registered after you’ve registered your business to the state.
So make sure to research what you have to do before you’re starting to make any money!
Did you talk with a lawyer about your business plans?
Before starting up your creative BIZ you should talk to a lawyer about your plans. They will know what you need to look out for.
I know this step sounds so official and a little bit too big when starting out as a creative, but it is definitely something you should do in order to make sure you’re not running into any problems!
Do you have a policy that describes all the rules that apply when someone is doing business with you?
Make sure to have them. In case of a disagreement with a client, you will have something on hand that will help you solve the issue!
Either way I think it is smart to write them anyways, because it creates trust. People want to know what you’re going to do with their data. They like to know what information you’re gathering and what you’re doing with it.
So there you have it!
I know this part of the BIZ-Checklist is the most boring one. But it's actually also one of the most important! Even if the legal stuff doesn't seem to be important to you, please make sure to take good care of it!
I've seen amazing creative businesses shut down, because they neglected the legal side of starting a business. So don't make the same mistake and take good care of it form the get go!