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How to Avoid Your Projects Going Out of Scope, and Guarantee Agreements with Your Clients

One of the challenges we have as entrepreneurs and freelancers when winning a new project, or selling a product or service to a client, is not having a defined terms, conditions and deadlines, between us and the client.

That’s why it is important to have a contract..

Having a contract will guarantee to both parties you and the client, that assuming the service or the product is rendered on a specific time, and date that you will be compensated based on the agreement.

And also, you will clear about your job scope, payment and other terms and conditions between you (as the provider) and your buyer (or employer).

Having a contract, will give you and your clients the power and the mutual understanding, to ensure the success of your project, and the full agreement with your client, and not having a contract could lead to issues and problems between you and your clients, which could lead to not getting paid for the service or product that you are providing.

On the other hand, having a specific defined contract, that explains in the most specific detail about what you are offering and what the client is expecting will lead to good cooperation, understanding between you and your clients, and more respect and appreciation to your work and your service, and they will be more happy and satisfied acquiring your product or your service and hiring you again, to work on future projects, but not having that contract that explains everything in detail, could lead to conflict, lots of negative energy, also loss of time, and frustration, which could lead to a bad reputation and losing business.

Moreover, having a signed specific contract between you and your client will lead to accomplishing the task in hand with total mutual understanding, which can lead to business growth, and success, but not having a signed specific elaborate contract that explains the most specific detail about the project or the task you are doing, could lead to missing deadlines, conflict which could cause you losing the business and as a result of that losing MONEY.

So you might ask yourself, what is a contract, and how specific and detailed I should be?

A contract is an agreement between two or more parties to do, not do, or promise something. Contracts can come in many forms — they can be oral or written, implied or express, and legally enforceable or not. The strongest contract, in terms of enforceability, has an offer, acceptance, consideration for the exchange, clearly sets out the terms of the agreement without ambiguity, and is signed by the involved parties with proper capacity to enter into the contract. Weaker contracts include verbal agreements or contracts drawn up by parties in direct violation of state or federal laws. There are numerous aspects related to valid contracts; in fact, an entire course in law school is often devoted to contract law.

But you can still K.I.S, meaning Keep it simple.

And below are few steps you should consider when drafting a contract:

1) Make sure that you cover the WHO and the WHAT, and has a clear, specific, easily interpreted, project or task objective.

2) Deadline and Time frame, make sure that you explicitly, describe the project deadline, and may be divided into separate well defined tasks with specific deadlines.

3) Cost and price, should be covered, whether you are charging by the hour, or for the project, decide on a fair payment schedule, based on the deliverables of  your project.

4) In case of any changes in scope or duration, make sure that is been drafted and added to the contract

5) Finally and most importantly, make sure that the contract is clear and thorough, and cover you and your client

So as we all know, that contracts drafted on papers, and that’s becoming hard to manage, exchanging faxes, and signing papers, it is all time consuming, especially that we don’t have a legal department, that is responsible for all that.

That’s why EchoSign solves this problem, and gives you a digital, all secured solution to this problem.

Watch this video, and you will learn how to utilize this tool, and how to take advantage of it.

It is really AWESOME.

So DON”T agree to work, or start a project before drafting a contract, and make sure that it is signed by both parties.

GO NOW, and sign up for EchoSign account, and get BUSY….

Please let me know, what you think, and post your feedback in the comments below…

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