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In this video tutorial by Drew Bowers Auger, the key focus is on the essential contracts for consulting. He emphasizes the importance of having a consulting agreement to prevent disputes regarding billing and engagement. The agreement should clarify that the client is hiring your business as an independent contractor, outline payment amounts, payment frequency, acceptable methods, and require signatures from both parties. Bowers provides sample consulting agreement templates and advises that contracts often favor the party that created them. He recommends getting clients to sign your contract and stresses the importance of carefully reviewing any client contracts before signing, ensuring clarity on rates, billing frequency, and project completion. If there are disagreements or uncertainties, discuss them with the client and consider minor modifications.
