This is the fifth, and final, post in a five part series on Essential Contract Terms for Consultants, Independent Contractors, and Freelancers. This post will focus on protecting your intellectual property. A contract is not only an agreement regarding the exchange of goods or services for...
This month we are looking at partnership agreements. We are doing our best to make sure these concepts are not scary for you. We want you to be a part of your partnership agreement and make sure your voice gets heard in these major business decisions....
In this post we are going begin to to dive into partnership agreements. If you’re interested in other partnership topics you can check out this post on communication and dispute resolution, this post on exit strategies, and this post on important questions to ask. This...
With this post and a series of post that will follow, we will be talking all about partnership agreements. What are they? Why are they important? What needs to be included? Before we get started, I’d like to make it clear what partnership agreements are...
Over the past several posts I’ve talked about some of the large scale things partners need to discuss before going into a partnership arrangement. We talked about things such as communication skills, exit strategies, who is bringing what to the partnership in terms of money,...
One of the listserves I belong to recently posted a very interesting question, and it is a question that comes up quite frequently in the small business world: How do partners resolve disputes? And, most importantly, how do partners resolve disputes when they are fifty-fifty...
One of the most important functions of any contract is identifying and managing risk. Most people prefer to avoid confrontation. With conflict avoidance comes a reluctance to address what could go wrong that could possibly ruin a relationship. But, identifying and managing the risk is...
One of the things I hate most about contracts is legalese. I have few other videos about legalese which you can see here, here, and here. But one of the categories of legalese is the words like "herein" and similar words that no one uses outside...
Here is another geeky contract term that a lot of people don’t understand, yet it has important implications if there is ever a dispute between the parties to a contract. The geeky contract term for this week is the Integration Clause. The Integration Clause (or...