If there is one thing that helps a design firm to be successful, it is managing risk. And a well executed letter of agreement and client contract can help you do just that. Whether it is managing your client's expectations, working to ensure the project goes smoothly or having to deal with trade sources and contractors, managing risk should be your number one business priority every day.
So in this two-hour workshop, Michael A. Thomas, FASID presents the Top Ten Components that every contract needs in order to maximize your position and minimize the risk of working with clients. Ask yourself these questions:
• Does your current contract have components like who owns your drawings and specifications? ( It should... but only if you define it. )
• Can you stop work on a project if your client fails to pay you? ( Not necessarily.)
• Does your agreement clearly define who the client is and their role in the design project? ( It can if you want it to. )
•And does that letter clearly define the scope of the work in order to manage its outcome successfully? ( Have you ever experienced "scope creep"?)
In the second part of this workshop, Michael presents a global look at the design profession in terms of compensations including how and what others are charging for time, services and products. And what is that trend? It's not just "value based" compensation that others have indicated. Clients are looking for all their options before hiring a design professional.
Tuition for this course is $25.00 thru March 6th, and $40.00 after that.
And Advanced Registration Is Required To Attend This Class.