Are you confident that your DIY contract could withstand potential pressure from a disgruntled client or dishonest customer? NO? It’s time to talk about legally-drafted contract templates and how important they can be in protecting your business.
I have been running my business for about 2 years now, and one of the scariest things about running a business is NOT having legitimate contracts in place.
Depending on the type of business you have, you may need multiple types of contracts for your different offers or services. Having legitimate contracts in place makes you not only look professional but also protects all of your hard work.
WHY DO I NEED A CONTRACT?
Contracts are key to managing expectations and building that dream relationship with your clients! Your contract should state what you will be delivering, and more importantly what you will NOT do in every situation.
A legitimate contract will cover your butt in countless situations! Such as:
How you get paid, when and how much.
What happens in non-payment, late payment or refund situations.
Failure to meet deadlines for unforeseen events (such as a pandemic maybe? A computer crashing, losing a hard drive, breaking both of your wrists - yikes!).
Allocates the rights to intellectual property - like, who owns what.
Outlines all expectations and takes away any ambiguity
& so much more!
The important thing to know is that a contract becomes law between you and whoever signs it. What it says, is what goes! Without it, you have nothing legally binding to refer to, and may get yourself in a sticky situation. BUT I CAN’T AFFORD A LAWYER!
I felt the same way when I started. Lawyers can be intimidating and have price ranges far beyond a new entrepreneur’s budget. You can still get legitimate, legally drafted contracts that can be customized to your business without breaking the bank. (Can we get a HELL YES!)
This is why I trust Contracts for Entrepreneurs. Contracts for Entrepreneurs offer countless legal contract templates specific to your online niche and industry, and you guessed it, THEY ARE AFFORDABLE. I DON’T EVEN KNOW WHAT CONTRACTS I NEED?
Don’t worry! Contracts for Entrepreneurs lets you choose what industry your business is in and offers bundled packages or just individual contracts.
The shop focuses on:
Social Media Managers
Online Businesses Managers
Digital Course Creators
Once you’ve selected what you want - all you have to do is download the documents and customize them to suit your business needs. The best part is that each contract comes with a User Manual that helps break down the “legalese” (aka, that legal language NO ONE understands) so you can better understand it, and put together legal documents that fit your business perfectly, minus the headache! BUT I AM IN CANADA?
Perfect! Contracts for Entrepreneurs is drafted by an Ontario-Licensed Lawyer who specializes in Online Business Law and helps new entrepreneurs. These templates are designed from her experience working with over 100+ online entrepreneurs and the contract templates truly reflect online businesses.
If you’re not in Canada - don’t worry. These contract templates are great for you too. They are based on General Common Law principles and the User Manual will highlight different laws according to different jurisdictions (primarily Canada and the USA) and cover the exact ways you can customize your contracts to reflect your location. WANT SOME MORE FREE INFORMATION?
I am not a Lawyer - so the best thing to do always is to hire a lawyer and do your own due diligence! But if you can’t afford one, head on over to Contracts for Entrepreneurs and check out their blog! They have a ton of free resources that can help you understand what your business needs.
I know how important the legal stuff is - which is why I am recommending the experts! You can get your own legally legitimate contract templates HERE.
-- ***FYI: This post has affiliate links for Contracts for Entrepreneurs which I promote because I love and trust these contracts! If you use my links above to make a purchase, I will get a small commission at no extra cost to you. This post is not legal advice, and I recommend you always speak to a licensed lawyer in your jurisdiction for professional advice. I am not a lawyer or an attorney.