The Importance of Contracting Correctly the First Time

"Yeah, but did you get it in writing?"

I’m sure you’ve heard that before. In business, you must always get everything in writing, don’t ever take someone’s word for anything. If they really mean what they say, then they will have no problem putting it in a contract. If they do have a problem with it, then run!

It’s so important you have the right contract in place with your partners and customers. In my course, the White Label Method, I discuss all the important things you need to consider when contracting your white label partner, and when contracting your customers.

Doing both of these the right way the first time will take time and some legal fees, but it will be well worth it later. You will save yourself so much money and undue stress just by knowing what to ask for. In the case of contracting partners and customers, you don’t know what you don’t know. So having a mentor, or a program to teach you what items to negotiate for in your contracts is extremely important.

By contracting the right way, you will protect yourself long-term in case your partner decides to not be a good partner anymore. Also, by contracting your customers correctly, you will secure years worth of revenue and significantly increase the valuation of your company.

In the White Label Method course, we discuss exactly what you need to know to have peace of mind you're covering all the important pieces of contracting. 

Michael Ciullo
Creator of the White Label Method