As a business owner, you should always enter into written legal contracts with your clients. Contracts help ensure that everyone is on the same page and that the terms of the deal are cemented in writing that you can refer back to at anytime.
Yet, legal contracts often get pushed to the back burner because they can be expensive, boring, and confusing for a lot of people. As a result, many entrepreneurs go online, search for a contract, and use a template that they think looks and sounds good. Makes sense, right? It’s free, it looks legit, and apparently someone out there has used it before.
Sorry to rain on your parade, but this is not a great idea in the grand scheme of your business. In fact, using a contract for your business that you found online can do more harm than good. In this article, we look at five reasons why you should never use a business contract template that you found online.