Small Business Legal Assessment Form
Assess your business’s legal foundation and identify key risk areas with this quick evaluation.
What is your business’s legal structure?
*
Sole Proprietorship
Partnership
Limited Liability Company (LLC)
Corporation (C-Corp or S-Corp)
Not sure
How confident are you that your business is properly registered and in good standing with state/local authorities?
*
Not confident
1
2
3
4
Very confident
5
1 is Not confident, 5 is Very confident
Do you have written contracts in place with your customers, vendors, and partners?
*
All major relationships have written contracts
Some have written contracts
Mostly verbal agreements
No written contracts
How would you rate your understanding of your business’s key legal obligations (permits, licenses, industry regulations)?
*
1
2
3
4
5
Which of the following best describes your approach to protecting intellectual property (trademarks, copyrights, patents)?
*
All relevant IP is registered/protected
Some IP is protected
No formal IP protection
Not applicable
Please rate your business’s data privacy and cybersecurity practices.
*
Needs improvement
1
2
3
4
Excellent
5
1 is Needs improvement, 5 is Excellent
How often do you review and update your employment policies and worker agreements?
*
Annually or more often
Every few years
Rarely
Never
Not applicable (no employees)
Does your business carry adequate insurance for its operations and risks?
*
Yes, fully insured
Partially insured
Not insured
Not sure
How frequently do you seek legal advice or review your legal documents with a professional?
*
Regularly (at least once a year)
Occasionally (every few years)
Rarely or never
Please indicate your level of confidence in your business’s overall legal risk management.
*
Low confidence
1
2
3
4
High confidence
5
1 is Low confidence, 5 is High confidence
For each area below, please indicate your current status.
*
Rows
Compliant
Needs review
Not addressed
Business formation & registration
1
2
3
Contracts & agreements
4
5
6
Employment practices
7
8
9
Intellectual property
10
11
12
Insurance coverage
13
14
15
Submit Assessment
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