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In this video tutorial by Drew Bowers Auger, the focus is on the essential contracts for consulting. He emphasizes the importance of a consulting agreement to prevent disputes regarding billing and engagement. Key points to include in the contract are: the client hiring your business as an independent contractor, payment amount and frequency, acceptable payment methods, and signatures from both parties. Sample templates are provided, noting that contracts often favor the person who drafted them. It's recommended to have clients sign your contract whenever possible; if signing theirs, review it thoroughly to ensure clarity on rates, billing frequency, and project completion. Any disagreements should be discussed with the client.
