Legal Templates you need for an Online Business
Jul 18, 2020
As a busy entrepreneur who’s working hard to grow their business.
We tend to ignore the legal stuff that comes with running a business.
Thinking we don’t need that YET or nothing will happen to US.
But this is something we should not ignore.
We trying to save a few hundred dollars can cost us a fortune later on in this entrepreneur journey.
These things tend to be in our to-do list, but we don’t get to them soon enough as these things DON’T HELP US MAKE MONEY.
We spend on courses, membership sites, brand shoots but this does not get the priority it deserves.
We justify by saying “No-one is reading that anyway!"
Do we read the terms we agree to on every site we buy or engage in?
NO, but they make us PRESS THAT BUTTON that says “ I agree to the terms and conditions of this website”.
That one action saves them from all the things that could do wrong in the future.
So, we should do what others are doing on their websites, as that is the right thing to do!
So let me answer some very basic questions for you!
Why do you need legal policies on your website?
We need it to safeguard ourselves and our businesses. It is that simple.
It acts as a safeguard for both you and your customers and creates an environment of transparency.
Now let’s talk about Terms and Conditions.
A terms and conditions hold much value on your site because it acts as a legal contract between you and your customers.
It informs visitors what they can and cannot do with your original content such as blog posts, images, and other content.
If your content gets copied, named something else, and claimed it as their own, this is where your terms and conditions can help protect your interests.
Having a Terms and Conditions sets the boundaries between you and your readers.
It lets them know how they can interact with your content.
Why getting a free template on the internet is NOT the best way to go?
It’s okay to start off with free templates when you are brand new to the business.
Brand New means you have not made money and are just in infancy.
Once you get your first set of clients and have made your first few hundred dollars, it is time to get your legal stuff in order.
I recommend purchasing a template that is BEST SUITED for YOUR KIND OF BUSINESS.
All businesses are not EQUAL so your TEMPLATES should also be the one that you need for your business model.
Your needs are very different from your fellow entrepreneur friend.
Free templates provide you with the general clauses but the important ones usually come at a price.
If you want to add a clause, you need to pay for each additional clause.
It puts a hole through your pocket without you even realizing it.
For most of it is sunk cost, we have invested a lot of time customizing the free one, so when they suddenly ask you for money to add some clauses, you have no choice but to pay their asking price.( I know this because I have been there and done that)
Paid templates on the other hand charge us upfront, but it’s a ONE-TIME INVESTMENT which you are making in your business.
It is a small price to pay for your SAFETY and SANITY.
Also, it is ESSENTIAL to have all this in place if you want to run ads of any kind.
Paid templates mostly tend to offer some kind of support ( not legal) but more Q and A kind of support about the templates.
When we use free templates we do not get any support, and nowhere to go with our questions. ( which we usually have)
So, the next question may be where can I get these templates Sneha,
Let me tell you where I got mine from and someone I recommend all the time.
He is a trusted resource in the online industry.
His templates are made to suit this audience.
Unlike a lot of other lawyers whose templates are more suited for a brick and mortar business. His templates are crafted for the Online Entrepreneur.
Bobby Klinck is a Harvard Law Grad determined to help online entrepreneurs make sure the legal matters don’t disrupt your business.
He comes recommended by my Mentor Amy Porterfield.
Below listed are different templates categorized for each kind of business.
You can choose the pack based on your Business Model
The Online Genius Template Library is Bobby Klinck’s signature product. It is an “all-access-pass” to his templates. So, if you are a seasoned entrepreneur and have a wide range of needs this pack is for you.
Buyers get ALL the legal templates he has to offer and currently has 18 templates included.
This has almost everything under the sun of what you may need to run an online business.
The Course Creator pack includes the core policies and agreements that online course creators need to protect themselves.
The Membership Site pack includes the core policies and agreements that membership site owners need to protect themselves.
This pack includes the core policies and agreements that coaches need to protect themselves
The Service Provider pack includes the core policies and agreements that online service providers need to protect themselves.
If you are a Blogger then this may be all you need.
If your online business doesn’t require such a wide range of templates and you are looking for a specific one then the Template Shop is the place for you.
Here you can browse through the multiple templates and pick the one that you need.
As an online entrepreneur, you need to make sure your website is protected.
If you want to learn more about the legal basics for your business Klinck has created the Online Genius Academy Just for you!
Upon enrolling for the FREE Academy, you will learn the following:
· How you should organize and structure your online business.
· How to protect your website, build your list the right way, and send emails confidently.
· Why you need written agreements and how to create them.
· How to protect your content and know-how and make sure you don't step on other people's rights.
So, what are you waiting for?
Go ahead and get a free seat in the academy.
Disclaimer: We are using affiliate links within this post, so if you click on one of these links and buy through that, we may get a little commission. This is at no additional cost to you and helps us continue to offer free content on our site!