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In this video tutorial by Drew Bowers Auger, the focus is on essential contracts for consulting. He emphasizes the importance of signing a consulting agreement to prevent disputes over billing and engagement. Key points to include in the contract are: the client hiring your business as an independent contractor, payment amount, payment frequency, acceptable payment methods, and signatures from both parties. Sample consulting agreement templates are provided, highlighting that contracts often favor the drafter. It’s advisable to have clients sign your contract; if you must sign theirs, review it carefully to ensure clarity on rates, billing frequency, and project completion. Discuss any disagreements or uncertainties with the client.
