Earlier this month, my piece on 6 Mistakes to Avoid When Creating Client Contracts was published on Entrepreneur.com. As a full-time consultant for the last 2 years, and business owner of Promise Consulting Group for 8 years, I’ve worked with close to 30 companies during that time. I’ve had my fair share of lessons, and it’s a privilege for me to be able to share those with others.
Read the full piece for details, but here’s my top 6 recommendations:
1. Have a written agreement
2. Use the right rate structure
3. Always have an out clause
4. Establish payment terms
5. Include a clause about late payment
6. Use a contract template
What are your biggest learnings when it comes to agreements and client relationships?