“What does your contract say?”
If you’re a member of Serve Scale soar®, you’ve probably heard me say this before. As service providers, issues will come up—whether it’s late payments, clients canceling their contracts, or even scope creep, but how you have to handle it will always come down to your contract.
In this episode of Serve Scale Soar®, I’m diving into the four things you need to have in your contract to protect yourself and your business. So many people forget these crucial pieces, but including them makes life so much easier.
With freelancers, virtual assistants, or service providers, the chances of getting sued are so incredibly small because if there were damages or a dispute about your work, the value is probably so low that it would actually cost more to go to court than just to forget the whole situation to begin with.
Does that mean you can never be sued? No! People could be sued for anything, but your risk in this profession is lower. However, I 100% believe that everyone should have a contract. What I love about contracts is that many times, it handles the conflicts for you. You can always refer back to it when issues with clients come up.
- Why the risk of being sued is so low in this profession
- What I love about contracts
- Why you need a late payment policy
- The importance of a contract cancellation policy
- What to consider when it comes to your turnaround policy
- How to define the scope of work in your contract
These are the four biggest things that I see people not including in their contracts that they really should. You have to stay true to your contract so you don’t want to forget the most important things.
The contract is not so much about protecting you from being sued. It’s more about setting boundaries for you and your clients. I encourage you to go and check out your contract and make sure you revise it to add these clauses today.
If you want to learn more from me, make sure to join us inside Serve Scale Soar®. You can check it out here!
** This post may contain affiliate links which means I may receive a small commission at no additional cost to you if you use one of the links to purchase. This helps keep the podcast going and I only share products I have used, tested and love.”
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Brandi Mowles is the host of the Serve Scale Soar® podcast which is a podcast dedicated to helping service-based entrepreneurs scale their online business to five-figure months so they can soar into six-figure years. Brandi is a wife, mom and in less than one year, created a six-figure business. Now she is spilling all her secrets so you can too.