Contracts: The Basics

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By Justin Goodbread. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

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.

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ARTICLE TRANSCRIPT: https://financiallysimple.com/business-contracts-101-what-makes-them-valid-enforceable/

TIME INDEX:

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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DISCLAIMER:

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.

192 episodes