Protecting Your Business in Contracts: A Real-World Guide for Entrepreneurs and Small Businesses
Video from North Carolina Bar Foundation. Watch on YouTube.
What you'll get
Elizabeth McKee, general counsel of a North Carolina manufacturer, gave this webinar for the NC Bar Foundation's NC LEAP program on how a contract forms, which agreements must be in writing, and how purchase orders, invoices, sales and vendor agreements, liability waivers and nondisclosure agreements work. She says she cannot give legal advice, and her points on dated invoices with payment terms and on waivers for work in people's homes suit a service firm, so watch it before you write your first service agreement.
Do this week
Draft a one-page service agreement for your next job covering the scope, price, payment terms and what happens if either side cancels, and ask a lawyer to review it before you use it with a client.