ContractsRx is on a mission to make legal contracting seamless, accessible and repeatable. Shannon Leonard and Ramon Rhymes, co-founders, make it their aim to reduce the time, cost and risk associated with business contracting and business outcomes.
The abrupt uncertainty that COVID-19 brought to ContractsRx and other small businesses resulted in an overnight shift from the known to the unknown.
While Shannon and Ramon are fortunate to be in a technology industry
with the tools in place to work at home, they quickly realized that they would
have to pivot their skill sets and adapt to their clients’ current needs. Their sales pipeline dried up quickly as businesses were just trying to survive—something that, today, many small businesses have in common.
ContractsRx started out in 2015 as a legal consulting firm representing clients of all sizes in a host of business-related matters. Their client base increased as
they began to realize their potential to improve contracting processes and help
small businesses achieve efficiency through expert business contracting. Besides deploying a contracts analysis tool, they also honed new skills: online event
management, webinar creation and content development, as well as two new
contract SAAS tools to meet the demands of the rapidly changing COVID-19
business landscape. Their new products reduce the time, cost and risk associated with business contracting.
“Running a small business requires focus, discipline and wearing many hats. As entrepreneurs, we have the drive and, with the Aurora-South Metro SBDC as partners, the expert insight in developing and managing our internal corporate structure and processes. The SBDC was also instrumental in helping hone and refine our messaging and business story.”
Uncertain times have a big impact on finances and cash flow. To ease the
financial burden on their clients, they deferred and eliminated payments to
help ContractsRx clients continue business with their clients and
vendors. ContractsRx received funding from the SBA’s PPP and EIDL loan programs, allowing the company to remain focused on its mission to help businesses drive better contracts. The pandemic provided Shannon and Ramon with a unique opportunity to build on important aspects of business that were just too easy to put on the back burner. They are also seeing smaller companies recognize the need to normalize their contracting activity.
With true entrepreneurial spirit, Shannon and Ramon are growing their business during difficult times. They will come out stronger on the other side of this pandemic with even greater ability to help their clients grow their businesses and produce greater certainty in their contracts. ContracsRx will help diagnose and fix your contracting issues. To find out more, visit their Web site: https://contractsrx.com.