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Important Legal Documents to have in Any Organization

Leadership Essentials

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Unit Video

Unit Summary

The 5 important legal documents to have in any organization are:
  • Incorporation documents
  • Employment contract
  • Mutual Non-Disclosure Agreement
  • Sales contract
  • Trademark

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Transcript

Hi, In this video you will learn about important legal documents that should be drafted in any organization.
Legal documents allow you to operate and help protect your business and the investments that you have made in it.
Five Important legal documents to have available are:
  1. The incorporation documents which provide you with a license to operate in a country
  2. An employment contract that you have employees sign as they join your company. This can include a probation period followed by a full time employment period
  3. A mutual Non-Disclosure Agreement or NDA which protects confidential information that you are providing others or others are providing you
  4. A sales contractthat includes the general terms and conditions that are associated with the sales of your products or service including payment terms
  5. A trademark that protects your brand and name from being used by others
Have these contracts ready as your conduct your daily business since it’s better to be safe than sorry!

Quotes

It is an immutable law in business that words are words, explanations are explanations, promises are promises-but only performance is reality. Harold S. Geneen