Contracts often pose challenges with their length, complexity and a mix of crucial terms and boilerplate causes. Overcome this challenge - learn how to navigate the intricate landscape of contracts. This course empowers business owners and managers to navigate the intricate landscape of contracts, essential to the lifeblood of any enterprise. Contracts often pose challenges with their length, complexity, and a mix of crucial terms and boilerplate clauses. Participants will learn a systematic approach to enhance their understanding and confidence in contract execution. The class also guides business owners in effectively communicating their positions to attorneys during contract formation and in managing overall business relationships.

LEARN HOW TO:

• understand the core parts of a contract and their purposes.
• be able to better comprehend a contract, evaluate the contract, and compare and contrast key terms of a contract to understand their obligations.
• be able to design comprehensive exit strategies needed for unanticipated events during the course of a contract.
• be able to analyze the contractual terms, and communicate their terms and concerns better to their professional partners (lawyers, accountants, and insurers).
• judge potential risks found in contracts, and evaluate the cost-benefit analysis of proceeding with, or terminating contractual obligations.