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In this video tutorial, Drew Bowers Auger discusses the essential contracts for consulting. He emphasizes the importance of signing a consulting agreement to prevent disputes regarding billing and engagement. Key points to cover in the agreement include clarification that the client is hiring your business as an independent contractor, payment amount, frequency, acceptable payment methods, and obtaining signatures from both parties. He advises using your own contract whenever possible, as it tends to favor your terms. If required to sign a client's contract, ensure a thorough review to understand rates, billing frequency, and project completion details. If any issues arise, communicate with the client for minor modifications.
