How to Create an Effective Contract of Employment for Your Bookkeeping Business

TLDRLearn how to create a contract of employment for your bookkeeping business. This video provides tips and tricks for outlining expectations, pricing, and payment terms. It also recommends using online tools like HelloSign for easy contract signing. Make sure to consult a lawyer for legal advice.

Key insights

:memo:Include who is involved and their business names in the contract

:heavy_check_mark:Clearly outline the scope of work in bullet points

:moneybag:Include pricing and payment terms, specifying how and when you will be paid

:warning:Consult a lawyer for legal advice regarding contract language and liability

:pencil2:Consider using contract templates or online resources to create your contract

Q&A

What should be included in a contract of employment for a bookkeeping business?

A contract of employment for a bookkeeping business should include information about the parties involved, the scope of work, pricing and payment terms, and any legal disclaimers or liability limitations.

Is it necessary to consult a lawyer when creating a contract of employment?

While it is not mandatory, it is highly recommended to consult a lawyer when creating a contract of employment. They can provide legal advice and ensure that the contract is accurate and legally enforceable.

How can I make contract signing easier for my clients?

You can use online tools like HelloSign to streamline the contract signing process. It allows clients to sign contracts digitally, eliminating the need for printing and scanning.

Where can I find contract templates or resources for creating a contract of employment?

You can find contract templates and resources for creating a contract of employment through online platforms like Freelancer Map or by searching for free contract templates online. It is important to review and customize the templates to fit your specific business needs.

What should I do if a client refuses to sign the contract?

If a client refuses to sign the contract, it is important to have a conversation to understand their concerns. If necessary, seek legal advice on how to proceed with the client or consider terminating the business relationship to protect your interests.

Timestamped Summary

00:00Introduction by Morgan from finepoints.biz, emphasizing the importance of creating a contract of employment for bookkeeping businesses

02:20Tips on what to include in the contract, such as the involved parties, scope of work, pricing, and payment terms

04:40Recommendation to consult a lawyer for legal advice and to ensure the contract is legally enforceable

06:00Introduction to HelloSign as an online tool for easy contract signing

08:00Suggestion to explore contract templates and online resources to create a contract of employment

09:20Promotion of Bookkeeper Launch as a comprehensive resource for starting a bookkeeping business

09:50Demonstration of how to use HelloSign for contract signing

10:40Closing remarks and call to action to subscribe for more bookkeeping videos