Minimizing Your Risk Series: Reading and Understanding Contracts

Whether you are a one-person business or have 100 employees, signed contracts are one of the real risks of owning and operating a small business. Business owners and entrepreneurs become entangled in contractual obligations and can be sued, not because they did anything wrong, but because they have signed a contract they don’t understand. We’ll explore common contractual liability traps, the language used, and the limits of insurance to respond to those traps. We’ll also offer common sense solutions and help you better your skills at negotiating and editing insurance requirements within contracts. This is a great session for any business that hires subcontractors or serves as a vendor or subcontractor for a larger business.

INSTRUCTOR: Adam Puhric, President of Puharic and Associates, Inc