584 – Essential Legal Tips with Wesley Henderson
The How of Business - How to start, run, grow and exit a small business.
Henry Lopez, Levante Business Group
4.7 • 522 Ratings
🗓️ 13 October 2025
⏱️ 44 minutes
🧾️ Download transcript
Summary
Attorney and entrepreneur Wesley Henderson shares practical legal insights every small business owner needs to protect their business and operate with confidence.
Show Notes Page: https://www.thehowofbusiness.com/584-wesley-henderson-legal-tips/
Disclaimer: The information in this episode is for general educational purposes only and does not constitute legal advice; listeners should consult their own attorney for guidance specific to their situation.
From forming an LLC to crafting airtight contracts, this episode is packed with essential legal guidance for small business owners. Henry Lopez welcomes Wesley Henderson, a business attorney, entrepreneur, and founder of multiple ventures including Drafted Legal and Henderson & Henderson Law Firm.
Wesley shares how his early career in corporate law led him to focus on helping entrepreneurs avoid costly mistakes and proactively protect their businesses. Together, Henry and Wesley explore critical legal fundamentals including when to form an LLC, how insurance differs from legal protection, and why clear contracts can prevent disputes before they start.
Listeners will learn how to navigate partnerships, set up operating agreements, avoid "scope creep" with service contracts, and safeguard intellectual property. Wesley also explains the real difference between LLCs, corporations, and S-Corp elections and clarifying common misconceptions that confuse many first-time business owners.
They also discuss trademarks, non-compete and non-solicit clauses, and how to use ChatGPT safely when drafting or reviewing legal documents. Wesley emphasizes the importance of doing the right things early, not just staying busy because the right legal foundation can save you from future financial and emotional headaches.
"Contracts aren't just for protection," Wesley explains. "They show professionalism and set expectations — they protect you and your clients."
This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run, grow and exit your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com
Transcript
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| 0:00.0 | Welcome to the How of Business with your host, Henry Lopez, the podcast that helps you start, run, and grow your small business. |
| 0:13.0 | And now, here is your host. |
| 0:15.0 | Welcome to the How of Business Podcast. This is Henry Lopez. My guest today is Wesley Henderson. Wesley, welcome to the show. |
| 0:22.5 | Henry, thanks for having me. Excited to be with you. Same. Wesley is an attorney, and so he's going to share |
| 0:27.3 | with us some legal considerations. We're going to jump around various topics that he advises small |
| 0:32.7 | business clients on, and I think we're great topics for us to discuss. So that's what we're going to |
| 0:37.1 | focus on |
| 0:37.8 | on this episode. You can find all of the Howa Business resources, including the show notes page |
| 0:42.4 | with this episode, because Wesley has a special offer for us, and I'll have the link for it on that |
| 0:47.0 | show notes page. You can find that, as well as information about my one-on-one and group coaching |
| 0:52.1 | programs at the Howab business.com. |
| 0:54.9 | Also invite you to think about supporting the show and joining our business community on |
| 0:58.8 | Patreon and subscribe wherever you might be listening so you don't miss any new episodes. |
| 1:03.9 | Let me tell you a little bit more about Wesley. |
| 1:05.4 | Wesley Henderson is more than just a business attorney. |
| 1:08.1 | He's also an entrepreneur who understands firsthand the challenges |
| 1:11.7 | and opportunities of running a business, particularly a small business. As a founder of multiple |
| 1:16.2 | ventures, including Henderson and Henderson, driving for Downs Incorporated and drafted legal, |
| 1:22.4 | he brings real world experience to his legal practice and to our conversation today. Wesley helps business owners |
| 1:28.7 | across South Carolina, but the services that he also offers, for example, the contracts that we're |
| 1:33.7 | going to talk about, those are available to any of us nationwide. But he's based in South Carolina |
| 1:38.5 | where he navigates complex legal issues from startup formation and partnership agreements |
... |
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