In a small business, contracts are the direct responsibility of the owner. These contracts may be with a vendor, a customer, a contractor, an employee or another business. In general, a contract is the agreement between two or more parties for the exchange of a product or service for a valuable consideration. The attorneys and the team of legal professionals at The Shenon Law Group, located near you in the Los Angeles and the Sherman Oaks areas of California, advises its clients in the drafting, negotiating, modifying and the finalizing of business contracts. The Shenon Law Group practices in the fields of family, real estate, immigration, mergers and acquisitions and bankruptcy for the success and protection of its clients. This post will cover the elements of a solid, enforceable contract, along with a list of contracts essential to any business and the common errors to avoid. Essential Contracts Contracts are an important element in the growth and in the p