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In this tutorial, Drew Bowers Auger discusses important aspects of consulting contracts. He emphasizes the necessity of a consulting agreement to prevent disputes over billing and engagement. Key elements to include are: the client's hiring of your business as an independent contractor, payment amount, payment frequency, acceptable payment methods, and signatures from both parties. Drew advises using your own consulting agreement template whenever possible, as contracts can often favor the drafting party. If required to sign a client's contract, it's crucial to read it thoroughly to ensure clarity on payment terms and project completion. Any disagreements or misunderstandings should be addressed with the client directly.
