Stay Informed. Stay Empowered.
Explore insights, updates, and practical guidance from Vázquez Law Office designed to keep you informed on current legal matters that impact you, your business, and your future.

New year. New goals. And the same three legal blind spots show up every January.

3 Legal Blind Spots Most New‑Year Business Plans Ignore:

1. Formalize your contracts:

One of the most energizing things I’ve experienced in my first six months practicing business law in Iowa is the entrepreneurial momentum. New businesses are launching fast — often fueled by enthusiasm, relationships, and trust.

What do I see just as often? Businesses operating without written contracts with vendors, service providers, landlords, or customers.

If this is you, there’s no shame. You’ve done well.

But if you’re reading this, consider this your sign: the time to formalize is now.

(1) A basic suite of business contracts costs roughly $2,000*.

(2) Resolving a deal gone wrong routinely costs $30,000+ — and more without a contract.

One is an investment. The other is damage control.

2. Review your existing contracts:

Automatic renewals, termination windows, and recurring issues hide in plain sight. A short review and proper calendaring ensure you are deliberately choosing what contracts carry into the new year — instead of being trapped by them.

3. Compliance matters:

A contract only protects you if your conduct matches its terms. Following — and enforcing — what you’ve agreed to preserves your investment and prevents accidental waiver of your rights.

Bonus: terminating contracts is nuanced. Miss the notice window or use the wrong method, and you may be stuck another year in a contract you no longer want.

Act now. Save later, where every moment is an opportunity to make your mark.