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RetainFM Build your Digital Agency on Recurring RevenueEquipping Digital Agencies to build businesses on recurring revenue Author: Pete Everitt
Equipping Digital Agencies to build businesses on recurring revenue. Language: en Genres: Business, Careers, Marketing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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RFM175 – Building get out clauses into your contracts
Episode 175
Tuesday, 26 September, 2023
Main talking points include:Prefer to watch this show? Subscribe to the YouTube Channel! Most common reasons why projects go wrong:Scope CreepMisaligned ExpectationsMisaligned BudgetInaccurate or insufficient discoveryEven long term retainers have a life span The importance of thinking how to get our of something, before you get into it... The difference between quotes and estimates... For Projects:Have a specification linked to the estimate – reserve the right to change the quote if the specification changesBe clear where the intellectual property lies at different stages of the projectHave a termination process from BOTH sides in your Contract / Agreement:If the client terminates the projectIf you terminate the projectHave the payment schedule linked to stages YOU controlHave a documented process for packaging up files, sending them to the client and offboarding the client from your systems For Retainers:Have a termination process outlined in your Contract / AgreementInclude a notice period – and detail from both sidesDetail how and when final payments will be expected and what they will coverHave a documented process for completing work, sending data to the client and offboarding the client from your systems Join the Facebook Group
