Contracts: The Basics


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In episode 136 of Financially Simple, Justin gives a brief overview of Contracts.

If it’s not in writing, it didn’t happen - all the more reason to make sure when you’re running a business you plan to sell, that the I’s are dotted and the T’s are all crossed. Justin lists the various types of Contracts used in Business, the basic elements of any contract, and why having everything down in writing matters.



00:27 - Contracts: The Basics

01:08 - Do You really need to know about Contracts?

02:35 - The 19 Contracts in Business

07:46 - The 6 Required Elements of an Enforceable Contract

11:05 - Why it Matters

12:29 - Wrap Up


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Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.

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