Have you thought about starting a podcast? If yes, then I advise that you sit down for a while and hear me out. Here’s something you need to know.
Did you know that your podcast has a great chance of becoming a successful online business?
Now that’s a bold statement. But honestly, it’s true.
Therefore, it is ideal that you treat your podcast as a business from the start.
So today, let’s talk about the legalities that come with having a podcast. Here, we’ll dive into how podcasters like you, can avoid legal mistakes that can ruin your business in the future.
Now, I just want you to know that all the information that I will be sharing with you today is not meant to scare you. In fact, I’d like to take this as an opportunity to create awareness.
The more you know, the better you will be at taking care of your business.
Alright, let’s get started.
Legal mistake #1: Your podcast doesn’t have an LLC Operating Agreement
What is an LLC?
According to Investopedia, a Limited Liability Company (LLC) is a business structure in the United States whereby the owners are not personally liable for the company’s debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship.
Once you start an LLC you must have an operating agreement. An operating agreement outlines your business’ financial and functional decisions including rules, regulations, and provisions. The main reason to have an operating agreement is to help ensure that courts will respect your limited personal liability. This is needed especially in a one-person LLC where, without the formality of an agreement, the LLC will look a lot like a sole proprietorship. Having a formal written operating agreement will lend credibility to your LLC’s separate existence.
Legal Mistake #2: Your podcast doesn’t have a Podcast Guest Agreement
Probably the most exciting thing about having a podcast is having guest speakers. Whatever your podcast may be about, having a who’s who appear on it can be a big score with your listeners.
But what about the legal side of it all? What if your guest want’s to take that podcast episode and edit it or share it on another medium? What if you disagree on when it should air?
Having a Podcast Guest Agreement firmly establishes your ownership of the podcast and any content you produce in connection with that podcast. It also allows guests to know that you as the owner of the content and the podcast, have the right to do whatever you want with your content and podcast with or without their consent.
Legal mistake #3: Your podcast doesn’t have a Podcast Sponsor Agreement
One of the ways to monetize your podcast is to get sponsorship deals. Therefore, you need to outline the details of the sponsorship with a Podcast Sponsor Agreement.
The Podcast Sponsor Agreement allows you to have a professional working relationship with brands you want to work with.
This agreement states things like:
- How many times the advertisement will be made, will it be made pre-roll or mid-roll?
- Air time
- Payment methods/plans
All of these are critical if you want to legally protect your podcast. So you’re probably thinking:
“Let me find a lawyer to take care of this.”
However, let me just put it out there that once you get done with attorney’s fees and billing hours, these three documents can cost you well over $3000.00!
When you’re an entrepreneur it seems like there is always something else to pay for.
That is why I created these easy-to-use templates and bundled them up at a discounted price. This way, you can save money and invest in other tools for your podcast.
Congratulations on taking action.
Let me present to you, my Best-Seller Ultimate Podcast Legal Bundle.
In this bundle, you will receive:
- Podcast Sponsor Agreement
- Podcast Guest Agreement
- LLC Operating Agreement
That’s 6 legal documents, drafted by a lawyer for only $999.99 !
What is the Podcast Co-Host Agreement for?
If you plan to create a podcast with a co-host, it’s best that you secure this agreement before you even start.
This agreement allows you to have peace of mind, especially in the event that you and your co-host would sell the podcast, discontinue your partnership, or any type of dispute you and your partner may encounter in the future.
Starting a podcast with a friend is exciting. But remember, you’re starting a business. Therefore, having a Podcast Co-Host Agreement will help you avoid committing legal mistakes when the time comes that there are some disputes that need to be settled.
My Podcast Co-Host Agreement is valued at $699.99. But, if you purchase the Podcast Legal Bundle, you can get this legal document for FREE.
In total, you get 8 legal documents for less than $1000 !!!
Where else can you find a better deal than that?
What do I do next after I purchase your Podcast Legal Bundle?
Great question. I’m glad you asked.
My Podcast Legal Bundle comes in Word templates that are completely customizable for your business. This bundle has easy-to-follow instructions. Therefore, saving you lots of time and energy to prioritize other aspects of your business.
Other helpful articles
Starting a podcast takes a lot of work.
But if you see it as a business opportunity, it’s best that you protect it from the get-go to avoid legal mistakes.
What’s stopping you from getting legal documents for your podcast?
Would you prefer having a co-host for your podcast? Why or why not?
Let us know in the comments.