Every day, subcontractors across all trades face the same critical dilemma: Should I sign a subcontract I don’t understand—one that might even put my company at risk? Or should I refuse to sign and lose the job? It’s imperative you know which provisions you should expect and which ones to avoid.
Attorney, and best-selling author, Karalynn Cromeens, will teach you what you need to be aware of in your contracts. You will find examples of what different clauses look like, how to negotiate those clauses and your contracts, and what you can eliminate from those clauses to protect yourself and your business. She will educate you on the dangers of termination for convenience as well as certain payment terms. Karalynn will also do a little story-telling on horror stories from contractors’ past and deep dive into subcontractor bonds, personal guarantees, prior work from contractors before you, and delay damages. Your business depends on your knowledge of these important topics and how to be preventive and protect yourself against the dangers of signing a contract that you don’t fully understand.
Having the correct terms in place to protect your business is crucial to avoid issues down the road. Learn how to identify dangerous provisions that need to be removed, learn the best negotiation techniques, and come to the table armed with fair language that can be substituted for unfair clauses.