Drafting Your First Contract: Contracts Basics (Part 4)

Nov 3, 2022

Today, we’re continuing our discussion about contracts and what you need to do when you’re drafting your first contract. 

In this episode, which is Part 4 of the Contracts Series, we’ll be revisiting a handful of foundational considerations you need to remember when you’re building your contractual relationships with others. In addition, we’re:

• Exploring the most important factors of what the IRS looks for when it weighs whether you’re an employee or a contractor
• Discussing an introduction to the concept of Work Made for Hire, based on the US Copyright Office’s Circular 30, which was revised in 2021 (link below)
• Outlining key considerations of how to clarify the scope of your work in your contract, and even more importantly, how much detail is too much detail
• Creating space to discuss streamlining the drafting of proposals - including for your services, pricing, and scope of work - and ensuring you don’t make the one HUGE mistake I see people make all the time in their proposals

I will also be giving you a list of the sections that should 100% be in your contract, so be ready with pen and paper!

At the end, as always, I leave you with a bit of homework to start taking action today. Y’all ready? Let’s do this!

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Resources from the Show:

• Circular 30 - Works Made for Hire - US Copyright Office  https://www.copyright.gov/circs/circ30.pdf