<description>&lt;h3&gt;Main talking points include:&lt;/h3&gt;&lt;p&gt;Prefer to watch this show? &lt;a href="https://www.peteeveritt.com/youtube" rel="noopener noreferrer" target="_blank"&gt;Subscribe to the YouTube Channel!&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Most common reasons why&amp;nbsp; projects go wrong:&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;Scope Creep&lt;/li&gt;&lt;li&gt;Misaligned Expectations&lt;/li&gt;&lt;li&gt;Misaligned Budget&lt;/li&gt;&lt;li&gt;Inaccurate or insufficient discovery&lt;/li&gt;&lt;li&gt;&lt;em&gt;Even long term retainers have a life span&lt;/em&gt;&lt;/li&gt;&lt;/ul&gt;&lt;br/&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;The importance of thinking how to get our of something, before you get into it...&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;The difference between quotes and estimates...&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;For Projects:&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;Have a specification linked to the estimate –&amp;nbsp;reserve the right to change the quote if the specification changes&lt;/li&gt;&lt;li&gt;Be clear where the intellectual property lies at different stages of the project&lt;/li&gt;&lt;li&gt;Have a termination process from BOTH sides in your Contract / Agreement:&lt;/li&gt;&lt;li&gt;If the client terminates the project&lt;/li&gt;&lt;li&gt;If you terminate the project&lt;/li&gt;&lt;li&gt;Have the payment schedule linked to stages YOU control&lt;/li&gt;&lt;li&gt;Have a documented process for packaging up files, sending them to the client and offboarding the client from your systems&lt;/li&gt;&lt;/ul&gt;&lt;br/&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;For Retainers:&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;Have a termination process outlined in your Contract / Agreement&lt;/li&gt;&lt;li&gt;Include a notice period – and detail from both sides&lt;/li&gt;&lt;li&gt;Detail how and when final payments will be expected and what they will cover&lt;/li&gt;&lt;li&gt;Have a documented process for completing work, sending data to the client and offboarding the client from your systems&lt;/li&gt;&lt;/ul&gt;&lt;br/&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;Join the &lt;a href="https://www.peteeveritt.com/group" rel="noopener noreferrer" target="_blank"&gt;Facebook Group&lt;/a&gt;&lt;/p&gt;</description>

RetainFM – Build your Digital Agency on Recurring Revenue

Pete Everitt

RFM175 – Building get out clauses into your contracts

SEP 26, 202324 MIN
RetainFM – Build your Digital Agency on Recurring Revenue

RFM175 – Building get out clauses into your contracts

SEP 26, 202324 MIN

Description

Main talking points include:

Prefer to watch this show? Subscribe to the YouTube Channel!

 

Most common reasons why  projects go wrong:

  • Scope Creep
  • Misaligned Expectations
  • Misaligned Budget
  • Inaccurate or insufficient discovery
  • Even 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 changes
  • Be clear where the intellectual property lies at different stages of the project
  • Have a termination process from BOTH sides in your Contract / Agreement:
  • If the client terminates the project
  • If you terminate the project
  • Have the payment schedule linked to stages YOU control
  • Have 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 / Agreement
  • Include a notice period – and detail from both sides
  • Detail how and when final payments will be expected and what they will cover
  • Have a documented process for completing work, sending data to the client and offboarding the client from your systems

 

Join the Facebook Group