Need info on Training Contracts

Remember that a contract is just an agreement. It merely specifies, usually in overly complicated language, what each party agrees to do ("I agree to teach the classes, you agree to pay me $X"), and what will happen if either party violates this agreement.

The wording can vary pretty widely and there is no magic formula for it. In fact, you could just write "I'll teach a class on Monday and you will pay me $100" on a piece of paper, have both parties sign it and voila...you have a contract.

Generally speaking you'll want to be a little more explicit than that - clauses like what happens if one party fails to live up to their end of the bargain, options for cancelling or getting out of the contract, limitations or conditions (payment must be made within X days, for example) are among the things that you may want to specify in the contract.

If you get presented with a contract you should read it. If you don't understand it, have a friend read it and see if they can help you understand it. If

A good idea would be to call a local training company and ask them to quote you on training and to have them send you a contract. You will be able to see what the "wording" in there is and then create one yourself.

I do have one if you would like- can fax it if you need.

David

An excellent concept to consider here, would be to work with a training broker. If you turn over local business through them, they will look for you for other classes. This also helps you in the fact that you need not worry about contracts, marketing, sales, collection, accounting or other issues. I would personally suggest www.the-associates.com, but it could be because I work there.

Nate