Ep. 14 - Your Business Needs Contracts

Jason Meyer (Meyer Business Law) leads the conversation this week, and he starts off by admitting to his co-hosts that he’s a “contract nerd!”  The conversation bounces between the four hosts who each use contracts differently.  Learn how contracts become a useful tool for communication, how they can be flexible to meet the needs of both parties, and what you should include the next time you hire an independent contractor or new employee.  This episode is chock-full of good tips from our experienced hosts.  You’ll want to listen to this one more than once!

00:35 Jason introduces the episode

02:40 Alisa shares how contracts help to immediately set expectations between her staff and their clients.

04:45 Josh talks about protecting capital with contract terms

06:25 Ayesha reviews what kind of contract you want for an independent contractor vs. the offer letter she recommends for employees.

13:00 Jason talks about how contracts have helped him avoid unnecessary confrontation

15:25 Boss Moves of the Week!

Resources & Links:

Smart Boss Media

Hamilton Law Firm

First Steps Financial

Meyer Business Law

River Avenue Digital

For more information, e-mail us at [email protected]

Quotes:

I once was involved in a contract dispute related to me delivering things between nine and four at the loading dock, and I think you all know that you can't really deliver digital marketing services to a loading dock.

            Josh Irons, River Avenue Digital

One of the greatest protections that a company has is the at-will employment relationship.        Ayesha Hamilton, Hamilton Law

… [a contract] gives a clear path of what's going to happen next, and what the scope is really, and how we can both stay inside of it…

Alisa McCabe, First Steps Financial

I don't think entrepreneurs think enough about their contracts, and I don't think they really use them … to their advantage.   

Jason Meyer, Meyer Business Law