As every small business owner knows, cash is king. But in my experience, a lot of business owners don’t realise they can use their contract to promote cash flow.
In this video I’m sharing some tips about what I look for when I review payment clauses.
I help construction, engineering and consulting businesses create and negotiate clear contracts so they can achieve great project outcomes. I founded SoundLegal to help SMEs in the engineering, construction, consulting and light industrial sectors manage their risk to support business growth, by finding practical, common sense solutions to contractual and other legal challenges. Subscribe to the SoundLegal newsletter “No Jargon” to hear monthly business insights from me.
In this video, I discuss the importance of having formal subcontracts with suppliers.
I explore why formal agreements are crucial for maintaining clear, effective supplier relationships. These subcontracts help define expectations, outline responsibilities, and set quality standards to avoid potential misunderstandings.
Are you worried about the indemnity provisions in your consulting contracts? Indemnity clauses can be tricky, but understanding them is
Ever felt nervous before signing a contract, whether for a new car, a home, or even a software update? You’re
Recently, a subcontractor asked me to comment on what they should be including in their payment claims. They had two
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