Red flag #1: You’re operating under an expired contract. A one-year contract ended, but both parties kept performing. You’ve created legal ambiguity that could blow up in a dispute.
Red flag #2: You have an auto-renewal contract and missed the cancellation deadline. Many contracts renew automatically unless you give 30, 60, or 90 days’ notice. If you want out, you need to know those deadlines NOW.
Red flag #3: You’re paying for services you’re not using. Just because you signed it doesn’t mean you have to keep it. January is the time to renegotiate or terminate contracts that aren’t serving you.
Pull out your contracts this month. Check the dates. Calendar the deadlines.
If you have more time this month, do the full seven-point business checkup.
Intellectual property is one of your most powerful business tools. If you’re ready to build a strong brand and protect what you create, you don’t have to figure it out alone.
I help entrepreneurs across the U.S. make smart, legally sound decisions about their intellectual property. I’m an attorney in Champaign-Urbana, Illinois, but I serve intellectual property clients nationwide.
Ready to protect your work? Book a consultation online at kingpatentlaw.com or call 217-714-8558.
For more information on intellectual property and business law, check out the other posts on this site, listen to my podcast “Spellbinding IP: Patent, Trademark, and Business Strategy” on all major podcast platforms (video available on YouTube, Spotify, and Substack), or follow me on social media at @kingpatentlaw.
Avoid the legal horrors, and keep rocking your IP.
