Business SOS! Common Legal Mistakes Business Owners Make and How to Avoid Them

Hosted by Rich Sierra

Business

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Episodes

159

Latest episode

Aug 2026

Language

EN-US

About the show

Are you a business owner interested in knowing what to do in any legal issue that might arise in your company and line of work? Join Florida business lawyer Rich Sierra, Author of Business SOS! to hear all about the most common legal mistakes business owners make and how to avoid them. This is not a “legal show” in the traditional sense; this is a conversation with business owners on the various legal issues they face daily and how to handle each of them. Guests are business owners from the local community and professionals who provide services to businesses, and you, as the listener, can submit questions to be answered, as well. There is no “sugar coating” or in-depth analysis of cases; the show will be informative and real. Follow on Apple Podcasts, Spotify, or wherever you enjoy your shows.

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60 recent

August 25, 202638 min

Ep. 159 -Living Authentically and Leading with Courage

EP 159. Redifining Sucess On Your Own Terms. Special Guest: Stacey Luces. Stacey is an international best selling author and the host of the Beyond the Quo Podcast. In a two part interview Rich and Stacy discuss the themes of her popular podcast: Redefining Sucess on your own terms, Living Authentically, and Leading with Courage. You can subscribe to her podcast at https://www.staceyluces.com/podcast . ow to Contact Rich Sierra: Email: Rich@RichSierra.com 📞 Phone: 866-842-5202 🌐 Website: https://www.FloridaSmallBusinessLegalCenter.com 📘 Book: Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them – available on Amazon & Barnes & Noble 📱 Facebook: @FSBLEGAL 📺 YouTube: @RichardSierra 🐦 Twitter/X: @Rich_Sierra 📸 Instagram: @FSBLEGAL 💼 Digital Business Card: https://poplme.co/hash/Qd9D1azj/1/s EP 159. Redifining Sucess On Your Own Terms. Special Guest: Stacey Luces. Stacey is an international best selling author and the host of the Beyond the Quo Podcast. In a two part interview Rich and Stacy discuss the themes of her popular podcast: Redefining Sucess on your own terms, Living Authentically, and Leading with Courage. You can subscribe to her podcast at https://www.staceyluces.com/podcast . ow to Contact Rich Sierra: Email: Rich@RichSierra.com 📞 Phone: 866-842-5202 🌐 Website: https://www.FloridaSmallBusinessLegalCenter.com 📘 Book: Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them – available on Amazon & Barnes & Noble 📱 Facebook: @FSBLEGAL 📺 YouTube: @RichardSierra 🐦 Twitter/X: @Rich_Sierra 📸 Instagram: @FSBLEGAL 💼 Digital Business Card: https://poplme.co/hash/Qd9D1azj/1/s

August 18, 202642 min

Ep. 158 - Redefining Success on your own Terms. Special Guest Stacey Luces

Stacey is an international best-selling author and the host of the Beyond the Quo Podcast. In a two-part interview Rich and Stacy discuss the themes of her popular podcast: Redefining Sucess on your own terms, Living Authentically, and Leading with Courage. You can subscribe to her podcast at https://www.staceyluces.com/podcast . ow to Contact Rich Sierra: Email: Rich@RichSierra.com 📞 Phone: 866-842-5202 🌐 Website: https://www.FloridaSmallBusinessLegalCenter.com 📘 Book: Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them – available on Amazon & Barnes & Noble 📱 Facebook: @FSBLEGAL 📺 YouTube: @RichardSierra 🐦 Twitter/X: @Rich_Sierra 📸 Instagram: @FSBLEGAL 💼 Digital Business Card: https://poplme.co/hash/Qd9D1azj/1/s

August 11, 202638 min

Ep. 157 - "The Strategic Sales Leader" with Author Derek Wellington Johnson

The Strategic Sales Leader", "Mastering the art of vision, strategy and execution" with author Derek Wellington Johnson. Rich interviews author and company growth specialist Derek Wellington Johnson. Rich interviews Derek Wellington Johnson and discuss why it is important for business owners to have a defined sales strategy to meet their revenue goals. The book is a guide on how to create an action plan to develop an successful sales strategy and execution. ow to Contact Rich Sierra: 1. Via Email at Rich@RichSierra.com 2. https://www.floridasmallbusinesslegalcenter.com 3. FaceBook @ FSBLEGAL 4. youtube.com/@RichardSierra 5. twitter.com/Rich_Sierra 6. Instagram: FSBLEGAL . Also, Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them is available on Amazon, Barnes and Noble, or ask for it at your local bookstore. You can reach Derek Wellington Johnson via email at derek@derekwjohnson.com or via Linked in.

August 4, 202632 min

Ep. 156 - Ten Common Mistakes Business Owners Make When Responding to Discovery

You've been sued and now the other side wants your documents, your emails, and your answers under oath. Discovery is where most lawsuits are won or lost — and it's where business owners make the most costly mistakes. In this episode, Rich Sierra covers the ten most common discovery errors: missing deadlines, failing to preserve evidence, oversharing in interrogatory answers, the dreaded document dump, forgetting about text messages and social media, and more. Rich explains what spoliation is and why it can sink your case, when and how to object to overbroad requests, and why that independent contractor agreement you signed won't save you from a sloppy discovery response. If you're a business owner facing litigation, this is the episode to listen to before you respond to anything. How to Contact Rich Sierra: Email: Rich@RichSierra.com 📞 Phone: 866-842-5202 🌐 Website: https://www.FloridaSmallBusinessLegalCenter.com 📘 Book: Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them – available on Amazon & Barnes & Noble 📱 Facebook: @FSBLEGAL 📺 YouTube: @RichardSierra 🐦 Twitter/X: @Rich_Sierra 📸 Instagram: @FSBLEGAL 💼 Digital Business Card: https://poplme.co/hash/Qd9D1azj/1/s

July 28, 202632 min

Ep. 155 - The 1099 Trap: When Your Contractor Is Really an Employee

Are you paying workers as independent contractors? You might be breaking the law without knowing it. In this episode, Rich Sierra breaks down the Department of Labor's six-factor Economic Reality Test that determines whether your 1099 worker is really a W-2 employee. Learn how misclassification happens, what triggers a DOL or IRS investigation, and the back wages, penalties, and tax liability you could be facing. Rich walks through each factor in plain English with real-world examples every small business owner will recognize, and gives you a step-by-step plan to audit your contractor relationships and fix problems before the government finds them first. How to Contact Rich Sierra: Email: Rich@RichSierra.com

July 21, 202634 min

Ep. 154 - Adding a New Partner: Legal Risks Business Owners Must Understand

Bringing a new partner into your business can provide capital, expertise, and growth opportunities—but it can also introduce significant legal risks if the relationship is not properly structured. In this episode of the Business SOS! podcast, Rich Sierra explains the most common legal mistakes business owners make when adding a partner or investor. He discusses why many partnerships begin informally, how unclear expectations can lead to disputes, and why detailed operating agreements are essential. Rich also covers key issues that must be addressed before bringing in a partner, including ownership percentages, management authority, financial contributions, and profit distributions. The episode also highlights the importance of buy-sell provisions, exit strategies, and dispute resolution mechanisms that help prevent costly litigation. If you are thinking about adding a partner, investor, or co-owner to your company, this episode will help you understand how to structure the relationship properly and avoid conflicts that can destroy the business. How to Contact Rich Sierra: Email: Rich@RichSierra.com 📞 Phone: 866-842-5202 🌐 Website: https://www.FloridaSmallBusinessLegalCenter.com 📘 Book: Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them – available on Amazon & Barnes & Noble 📱 Facebook: @FSBLEGAL 📺 YouTube: @RichardSierra 🐦 Twitter/X: @Rich_Sierra 📸 Instagram: @FSBLEGAL 💼 Digital Business Card: https://poplme.co/hash/Qd9D1azj/1/s

July 7, 202636 min

Ep. 153 - Why Couples Say Yes: What Draws People to LLV Travel Experiences

We're revisiting this special two-part series from earlier in 2026! In case you missed it the first time (or want to hear it again), Rich Sierra and co-host Sharon Sierra sit down with Pepe and Claudia Aguirre, founders of LLV Travel (Luxury Lifestyle Vacations), for a unique travel-focused conversation. Rich and Sharon kick things off by sharing their own personal experience traveling to Portugal with LLV Travel before diving into what makes these journeys so meaningful for couples. This rerun explores why couples are drawn to LLV's distinctive travel experiences — and what motivates them to step outside their comfort zones and say yes to adventurous, open-minded travel. Pepe and Claudia revisit their insights into the mindset of first-time travelers, the most common concerns couples have before booking, and how LLV Travel helps guests feel comfortable, respected, and confident throughout their journey. You'll hear again how these trips often become powerful "rocking chair moments" — creating lasting memories, deeper connections, and lifelong friendships. The conversation also covers how LLV Travel designs experiences that balance exploration, relaxation, and community — without pressure — while maintaining privacy, discretion, and trust. A great episode to revisit for anyone curious about how travel can transform relationships and turn curiosity into unforgettable life experiences. 🔗 Learn more about LLV Travel: https://www.llvclub.com/ 📧 Email: Rich@RichSierra.com 📞 Phone: 866-842-5202 🌐 Website: https://www.FloridaSmallBusinessLegalCenter.com 📘 Book: Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them – available on Amazon & Barnes & Noble 📘 Facebook: @FSBLEGAL 📺 YouTube: @RichardSierra 🐦 Twitter/X: @Rich_Sierra 📸 Instagram: @FSBLEGAL 💼 Digital Business Card: https://poplme.co/hash/Qd9D1azj/1/s

June 30, 202633 min

Ep. 152 - Trips of a Lifetime: Inside LLV Travel’s Couples-Only Experiences

In this special two-part series, Rich Sierra kicks off the first Business SOS! episode of 2026 with a unique travel-focused conversation. Joined by his wife and co-host Sharon Sierra, Rich shares their personal experience traveling to Portugal with LLV Travel (Luxury Lifestyle Vacations) before introducing the founders, Pepe and Claudia Aguirre. In this episode you are introduced to LLV Travel—a couples-only travel agency designed for open-minded, adventurous couples seeking unforgettable, bucket-list experiences around the world. Pepe and Claudia discuss how LLV Travel began, how long they’ve been in business, and what makes their river cruises, destination trips, and resort takeovers different from traditional travel experiences. https://www.llvclub.com/ The conversation explores who typically attends these trips, the age ranges and professional backgrounds of travelers, and why so many couples return year after year. The episode also dives into the challenges of building an international travel business, including contracting with companies outside the United States and managing complex logistics across multiple countries. This episode keeps the focus on travel, community, trust, and once-in-a-lifetime experiences—offering listeners an inside look at how LLV Travel creates meaningful journeys and “rocking chair moments” for couples worldwide. Email: Rich@RichSierra.com 📞 Phone: 866-842-5202 🌐 Website: https://www.FloridaSmallBusinessLegalCenter.com 📘 Book: Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them – available on Amazon & Barnes & Noble 📱 Facebook: @FSBLEGAL 📺 YouTube: @RichardSierra 🐦 Twitter/X: @Rich_Sierra 📸 Instagram: @FSBLEGAL 💼 Digital Business Card: https://poplme.co/hash/Qd9D1azj/1/s

June 23, 202630 min

Ep. 151 - Seller Financing — How to Sell Your Business Without Losing It

Seller financing is one of the most common ways small businesses change hands — and one of the most dangerous for the seller. The moment you agree to finance the buyer, you become the bank. And if the buyer stops paying, runs the business into the ground, or transfers it to someone you never approved, you're the one left holding the bag. In this episode, Rich Sierra breaks down the five things that go wrong when you finance the sale of your business: the buyer defaults, the buyer destroys the value, the buyer sells without consent, you get dragged back into liability you thought was over, and the promissory note turns out to be unenforceable because it was drafted wrong. If you're thinking about selling your business and the buyer is asking you to carry the financing, this episode tells you exactly how to protect yourself. How to Contact Rich Sierra: Email: Rich@RichSierra.com 📞 Phone: 866-842-5202 🌐 Website: https://www.FloridaSmallBusinessLegalCenter.com 📘 Book: Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them – available on Amazon & Barnes & Noble 📱 Facebook: @FSBLEGAL 📺 YouTube: @RichardSierra 🐦 Twitter/X: @Rich_Sierra 📸 Instagram: @FSBLEGAL 💼 Digital Business Card: https://poplme.co/hash/Qd9D1azj/1/s

June 16, 202630 min

Ep. 150 - Demand Letters That Actually Work

Somebody owes you money. You've called. You've emailed. You've been patient. Nothing's happening. The demand letter is the step between asking nicely and filing a lawsuit — and for most business disputes, it's the most important move you'll make. But not all demand letters are created equal. Some get checks in the mail within a week. Others get laughed at, ignored, or used against you in court. In this episode, Rich Sierra breaks down the five things that make the difference: getting to the point so you're taken seriously, presenting facts instead of frustration, making a specific demand with a hard deadline, stating consequences without crossing into threats, and following through when the deadline passes. Whether you're writing the letter yourself or hiring an attorney, these are the principles that get results. How to Contact Rich Sierra: Email: Rich@RichSierra.com 📞 Phone: 866-842-5202 🌐 Website: https://www.FloridaSmallBusinessLegalCenter.com 📘 Book: Business SOS! Eight Common Legal Mistakes Business Owners Make and How to Avoid Them – available on Amazon & Barnes & Noble 📱 Facebook: @FSBLEGAL 📺 YouTube: @RichardSierra 🐦 Twitter/X: @Rich_Sierra 📸 Instagram: @FSBLEGAL 💼 Digital Business Card: https://poplme.co/hash/Qd9D1azj/1/s