After more than 40 years of experience as a business and corporate attorney in San Diego and Southern California I can tell you this for certain: nothing creates profit like a well-crafted business contract. The negotiation and creation of a business contract is where profit is often realized. Yes, the parties to any business contract must eventually perform in order for each to receive the benefit of the bargain. However, the “benefit” or profit which your business will realize is, in reality, often won or lost during the negotiation of the contract itself.
Advice and Counsel During Negotiations, a Library of Proven Proprietary Business Contracts
Most successful business people inherently understand that nothing creates profit like a well-crafted business contract. Profit is won or lost based upon the specific details contained within the contract as well as the effectiveness of the negotiated terms of any agreement. A business contract is in fact a roadmap. A well-crafted business contract establishes the specifics of the business transaction including the benefit of the bargain for each party. Your business contracts should anticipate every possible issue which might arise and provide detailed instruction for how these challenges or issues will be resolved.
The contract establishes timeframes, payment schedules, the quality of products and/or services to be provided and how any unexpected challenge or dispute will be managed. Why commit your company and all of the hard work and money you’ve invested to date into an agreement downloaded from some website in order to save a few dollars?
The Watkins Firm maintains a proven, proprietary library of successful business contracts which are battle tested. We don’t have to create contracts from scratch. We simply take an existing, proven contract which has worked well in similar applications and custom tailor it to fit the unique specifications of the transaction at hand.
You Are in Business to Earn a Profit. Nothing Creates Profit Like a Well-Crafted Business Contract
You are in business to earn a profit. Nothing creates profit like a well-crafted business contract. This is why it is important to work with the experienced and proven San Diego business attorneys at the Watkins Firm. We put more than 40 years of proven experience and successful business transactions behind your side of the equation.
My name is Dan Watkins, and my associates and I have served the San Diego and Southern California business and medical practice/healthcare business communities for more than 40 years. It is important to be aware of the inter-personal cues and maintaining a positive approach throughout negotiations, especially when we are holding out for an important issue or working on the finer aspects of a critical point. This is one of the many things our clients value about the Watkins Firm.
We always counsel our clients to ensure they have clear objectives and outcomes in mind when entering contract negotiations. Our experienced business and contract lawyers ensure that your agreement captures not only the essence of the agreement (terms, price, goods and services to be exchanged, timeframe, etc.) but legally enforceable details which help to lock in your profit in advance of the transaction itself.
A signing of a well-crafted contract which encapsulates the essence of the parties agreement and how the transaction will be smoothly conducted is how profit is genuinely realized. Unsuccessful transactions not only result in lost profits, they generate additional liabilities and distractions for your company.
Working with the proven business contract attorneys at the Watkins Firm puts you and your company in a position of strength. 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.
