A poor contract management process not only puts you and your business at risk, it costs you money.
If that sounds like an overstatement, think again.
When you don’t stay on top of your contracts, it’s easy to miss renewal deadlines. That’s your opportunity to increase or adjust your prices with customers.
You could also lose track of cancellation dates. This means you’ll pay vendors for services you don’t want, or miss the chance to negotiate a better rate.
Many small businesses believe they don’t need a contract management process. They believe they’re too small or don’t handle enough contracts.
In this episode, you'll learn that it’s never too soon to start managing contracts properly. Even if you think you don’t have enough contracts, you can implement these contract management tips right away.
Special Guest: Lynden Renwick, Out-House Attorneys
Host: Elsa Chan
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DISCLAIMER: The content here is provided for informational purposes only. It is not a replacement for legal advice.