Do I Need a Business Contract for My Company?

 Posted on June 29, 2025 in Business Law

Whether you are starting a new business venture or taking on a new employee, it can be tempting to skip the paperwork and forge ahead. However, there are several good reasons to write up a business contract with a new partner or employee. A Texas small business attorney can help you draft a contract to protect your company’s interests in the long term.

Attorney Geoff Mayfield has the legal knowledge and experience to help you write different kinds of business contracts. At Geoff Mayfield, Attorney at Law, we offer general counsel and representation to help you meet your small business needs.

The Benefits of a Non-Disclosure Agreement

If you need to protect certain trade secrets, you could consider drafting a non-disclosure agreement (NDA) with your employee or business partner. These written agreements are intended to prevent another party from going public with certain information. This could be used to protect a recipe, blueprint, or anything else that gives your business a competitive edge.

However, not all NDAs are legally enforceable. If the agreement is deemed too strict or unreasonable, a judge could decline to honor the terms. At Geoff Mayfield, Attorney at Law, we know how important it is to protect your business’s confidential information. We can work with you from start to finish to create a strong NDA.

Consider Implementing a Non-Compete Agreement

If you are an employer in a highly competitive industry, you may have some valid concerns about your employees going to a rival business. By having your employee sign a non-compete agreement, you can set terms for when and where that employee can work after leaving your company.

Like a non-disclosure agreement, non-compete agreements must be reasonable in scope to be enforceable. This means you must include fair terms that do not unfairly restrict an employee’s job prospects after leaving your company. This could entail a restriction on time, geographic area, or both. Our attorney can help you write a reasonable non-compete agreement that holds up legally.

The Importance of a Vendor Contract

To support your daily operations, you may have to work with third-party businesses. You might rely on another company to replenish your inventory, supply equipment, or provide labor. It is easy enough to get a verbal agreement that covers expectations on both sides. However, if the third party breaches this agreement, you might not have any legal recourse to address it.

The purpose of a vendor contract is to hold both parties in a business relationship accountable. If a third-party business violates a vendor contract, you could take legal action. In court, a judge could compel the third party to fulfill their obligations as stated in the contract or compensate you for damages.

Meet With a Wilson County, TX Business Contract Attorney

You deserve to have someone looking out for your small business. At Geoff Mayfield, Attorney at Law, our San Antonio, TX business lawyer can draft and review contracts to make sure your best interests are represented. Call our offices at 210-535-0870 to schedule a free initial consultation.