Ways to Negotiate a Contract Like a Boss

Contracts are power in the form of paper and words. Harness that power for the good of all with negotiation tips from Stephen Key in an article for Entrepreneur. First, take your time with contracts and summon professional help if you think it is necessary. Always hammer out a term sheet before the contract work actually starts. Maintain a positive attitude as you work through the terms of the contract one step at a time, and if you think something is getting lost in translation over emails and the like, pick up the phone and call the person to remove any ambiguity. Whatever the first contract ultimately ends up being, remember that it is effectively nothing more than a first draft where everything can still change. And if you are uncomfortable voicing certain complaints, bring in someone else to play the “bad cop” in the situation. Hey, why not?

For further tips, you can view the full article here:

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