Are you looking for ways to increase revenue?  Did you know your business contracts can improve business profitability here in California.  The quality and craftsmanship of your business contracts will establish not only the likelihood of future success, but profit.

San Diego business owners often under estimate the value of the business contracts they employ throughout their operations and with their customers and suppliers.  However, contracts are the very core of business.  The effectiveness of a business contract ensures a much greater likelihood of success for the transaction at hand.

For example, negotiating a more effective agreement with suppliers may allow you to increase the amount of time between the receipt of the goods or services they provide, and the time frame when payment becomes due.  Effective sales agreements with your customers ensures that each party knows when a transaction is “completed”, when all goods and related services have been delivered, and therefore when payment is to be (immediately) remitted.

Did you realize your internal business contracts can improve business profitability as well?  Many companies are in such a hurry to get into business, they fail to take the time to review and customize important internal corporate contracts such as LLC operating agreements, shareholders agreements and even employment agreements. All of these important contracts provide protection for your company, and reduce the likelihood of dispute or business litigation.

We Customized a Proven Contract from our Proprietary Internal Contract Library

Most business owners want to keep costs down, and contracts are an area where a lot of businesses tend to get more “creative” than is prudent.  The Watkins firm has 40+ years of experience serving the business, science and tech, real estate and medical / healthcare communities here in San Diego and across California.  We have developed a proprietary contract library of tested and proven contracts for almost any business application.

Pro-Tip: We do not create contracts from scratch.  That would take too much time and be too expensive for both our clients and our firm. 

We have been in business for more than 40 years.  In the vast majority of cases, we have existing proven contracts that we custom tailor to meet your specific requirements. 

This is very cost-competitive with downloaded forms, while providing you and your company with much better and more effective contracts and increased protection in the event of a disagreement or dispute.

We have programs, we pay thousands of dollars a month for that keep us aware of when our templates are not in compliance with the law, or there’s been new cases. Because every time someone goes to trial and then loses and takes it up on appeal, some appellate court changes the law, or the legislature, the State of California comes up with a new law and a new type of business that applies to the contract.

So our proprietary contract library is based on programs that are updated with new laws that must be considered when tailoring our agreements for our clients, and many law firms don’t have that. And they just go by general research. They do freehand and old forms, which is … like download form sites… scary. – Dan Watkins, Founding Partner

Carefully and expertly constructed business contracts ensure that your company is placed in a strong position to receive the “benefit of the bargain” while reducing contingent liability to the greatest extent possible.  Your contracts are the first step to establishing the type of working environment for your employees that fosters the highest degree of productivity possible while ensuring a positive and creative culture.

Your business contracts can improve business profitability by extending your products and services into new vertical and geographic markets through leveraging your intellectual property as well as licensing and distribution strategies.

The experienced contract attorneys at the Watkins Firm have more than four decades of experience helping San Diego and California companies to reduce costs while maximizing the effectiveness of their contracts.  This results in improved relationships and profts.

We invite you to review our podcast Episode 15 – Contract Law as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.