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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 a consulting agreement to prevent billing disputes and clarify engagement terms. Key elements to include are the acknowledgment of the consultant as an independent contractor, payment details (amount, frequency, methods), and signatures from both parties. Bowers provides sample templates but notes that contracts are often biased towards the creator. It's preferable to have clients sign the consultant's contract. If required to sign the client's contract, he advises careful review to ensure clarity on rates, billing frequency, and project completion terms, encouraging discussion for any disagreements.
