The #1 area I see entrepreneurs run into trouble is in the field of employment law. Not only are the majority of employment contracts I see ineffectual… they’re actually invalid. Employment law is riddled with laws that most people don’t know exist when they’re writing the contracts themselves, and you could find yourself in hot water with the Internal Revenue Service (IRS) and Department of Labor (DOL) if you decide to risk it.

Please note: because of the large amounts of state-specific case law surrounding the topic, our team recommends that you have an attorney in your state review the contract before using it with your own employees.