Hello and welcome back to Make more, do more weekly tip #91. This week we are covering a our series of tips on “10 Tips for Start Ups” and tip #7 is…
Contracts, Contracts, Contracts
When a new business relationship begins, whether with a contractor, client or vendor, it’s imperative that a new contract be created as well. In order to protect your interests and time, you will need to ensure that all corresponding forms and contracts be signed and documented prior to works being performed.
What contracts and forms do I need?
To determine which forms and contracts you’ll need for your business, you must first identify the industry that you are in, as well as the state. Once these two things are determined, you will be able to narrow your search for several online searches regarding contracts and forms for your business. There are several sites like Businessweek.com and FindLaw.com, that will assist you in finding the exact forms that you need for almost any aspect of your business, in which you can download, customize and use for your clients, vendors, and contractors.
This process can be DIY or your virtual assistant can assist, but we highly recommend that whether you do it yourself or have your virtual assistant do it for you that you at least have a your lawyer take a look at it for you to make sure you’ve dotted all your I’s and crossed all your t’s.
Thank you for stopping back by for Make more, do more weekly tips! Please keep your questions coming in. I look forward to answering them. To learn more about how Rhonda’s Virtual Office can assist you with your virtual assistant needs, please visit our website at http://RhondasVirtualOffice.com and click on the contact page to get in touch today. See you next week for Make more, do more weekly tip #92.
Other articles you might find interesting:
Other articles in this series:
10 Tips for Startups
MMDM #85 → #1 Managing your Startup Costs and Generating Cash Flow
MMDM #86 → #2 Build your Business Budget
MMDM #87 → #3 Protecting your Assets
MMDM #88 → #4 What is ROI?
MMDM #89 → #5 The Business Plan
MMDM #90 → #6 Gaining the Competitive Edge
MMDM #92 → #8 Employees vs. Independent Contractors