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In this video tutorial, Drew Bowers Auger discusses the essential contracts for consulting. He emphasizes the significance of a consulting agreement to avoid disputes over billing and engagement. Key components of the agreement include the client hiring the consultant as an independent contractor, payment amount and frequency, acceptable payment methods, and signatures from both parties. He provides sample consulting agreement templates and advises that contracts are often biased towards the creator. Ideally, consultants should have clients sign their contracts; if not, they should read the client's contract carefully, ensuring clarity on rates, billing frequency, and project completion, and discuss any disagreements or misunderstandings with the client.
