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Course Description

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.

Course Outline

  • What is a contract.
  • How to read a contract.
  • Why contracts are important to your firm's reputation.
  • The need for an exit strategy in every contract.
  • How to avoid future problems by properly designing the contract now.

Learner Outcomes

Participants will:

  • 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 better able to analyze the contractual terms, and communicate their terms and concerns better to their professional partners (lawyers, accountants, and insurers).
  • able to judge potential risks found in contracts, and evaluate the cost-benefit analysis of proceeding with, or terminating contractual obligations.

Notes

A Public Service and Outreach Unit of the University of Georgia. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All programs of the UGA SBDC are open to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.
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Enroll Now - Select a section to enroll in
Section Title
Conquering Contracts: Insights for Owners and Managers
Type
Online - Fixed Date
Days
F
Time
10:00AM to 12:00PM
Dates
Oct 04, 2024
Schedule and Location
Contact Hours
2.0
Hosting Center
  • UGA SBDC Webinars
Course Fee(s)
Registration Fee non-credit $39.00
Instructors
Section Notes
All programs of the UGA SBDC are open to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact the Gainesville office at [email protected] or call (770) 531-5681.
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