Ep. 26 - How To Protect Yourself As A Business Owner
How To Protect Yourself As A Business Owner
There are so many things that can go wrong in your photography business, AND implementing protective measures is essential to mitigate potential risks. One of the most effective strategies is to incorporate robust clauses into your contracts for the services you offer. These clauses should clearly outline terms and conditions regarding payment schedules, deliverables, usage rights, and dispute-resolution mechanisms. By establishing these parameters upfront, you can protect yourself and your business from potential disputes or legal issues down the line. Additionally, maintaining open communication with clients and addressing any concerns can help build positive relationships and minimize the likelihood of conflicts arising.
In this episode of the Rhea Whitney Podcast, Rhea shares insights on how to protect yourself as a business owner, your creative rights, your artwork, your team, and your business. Listen and get actionable strategies to help you uplevel your protection.
What You Will Learn:
- [00:01] Intro and what’s in for you in this episode
- [01:46] Why everybody you’re working with need to be on a contract
- [02:58] Important clauses to add to your contract
- [03:12] Payment and deliverable clause
- [03:24] Time and arrival clause
- [06:23] Photograph and images rights clause
- [09:54] Expenses and force Majeure clause
- [10:46] Retainer fee clause
- [14:32] One clause Rhea added to her contract recently
- [17:40] Wrap up and end of the show
Standout Quotes:
- “Everybody needs to be on some sort of contract when it comes to you working with them; contracts are for protecting you and your business in case something goes wrong.”- Rhea [01:53]]
- “There are so many ways to protect ourselves, and contracts are so important for us to do that.” - Rhea [12:29]
- “There is nothing too small or too big to put in a contract, protect yourself and your business.”- Rhea [17:40]
- “Cover yourself and protect your business at all cost.”- Rhea [18:08]
Stay Connected
Learn more about me here: https://rheawhitney.com/
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