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In this video tutorial, Drew Bowers Auger discusses the importance of using a consulting agreement to prevent disputes over billing and engagement. Key points to include in the contract are: defining the client as an independent contractor hiring your business, establishing payment amounts and frequency, outlining acceptable payment methods, and securing signatures from both parties. He provides sample consulting agreement templates and notes that contracts often favor the party that drafted them. Ideally, it's better to have clients sign your contract. If you must sign theirs, read it thoroughly to ensure clarity on payment rates, billing frequency, and project completion terms. Discuss any disagreements or misunderstandings with the client.
