Got,Subcontractors,Protect,You DIY Got Subcontractors? Protect Your Interests with a Subcontrac
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Its hard to find a talented independent contractor you can trust torepresent your company when working with a client. Once you do find agood one, however, it's a person that you want to keep on your team forfuture projects. The downside is, your favorite independent contractoris more than likely someone that your clients would love to have ontheir team and in the absence of a subcontractor contract, they couldvery well hire your best contractor away.No matter how much youtrust your freelance contractors, theres always a risk that yourclient could try to lure him or her away with a job offer. If thathappens, you stand to lose not just your subcontractors skills andexperience, but also your clients hard-earned business.Thegood news is, you can protect yourself against this and otherscenarios, including the risk of your subcontractor stealing yourcompanys intellectual property or specialized expertise and selling iton his or her own. The place to start is with a 1099 independent contractor contract, signed by both you and the contractor you hire.Whats in a subcontractor agreement?Independentcontractor agreements typically address two key concerns for ITconsultants: preventing your subcontractor from taking a job with yourclient, and protecting your intellectual property. But these agreementscan also do much more to protect your company and sustain healthyrelationships with your freelance contractors.A 1099 subcontractor agreementgoverns the relationship between a consultant and the independentcontractor who has been hired to perform services. It typicallyincludes a statement of work, which clearly defines the duties,obligations and services the contractor will perform on your behalf.The scope of work might define key project tasks and milestones,reimbursement of expenses, time and cost estimates, and projectorganization and resource specifics.By clearly setting thescope of services you expect your independent contractor to provide,you set the stage for a successful relationship while providing ablueprint for meeting your clients needs. At the same time, you canuse the contract to establish price and payment terms, as well as howit will be handled should you or your client be unhappy with the levelof service your contractor provides. Generally, such agreements alsogive you the authority to terminate your relationship with theindependent contractor for any reason.You can also use thistype of contract to protect your intellectual property rights andensure that your subcontractor keeps confidential information private.It also establishes the rights and responsibilities of each party whenproviding consulting services for your client, and limits yourliability should anything go wrong.Where to find a subcontractor agreement?Independentcontractor agreements dont need to be lengthy or overly detailed toget the job done. And, though it would be very expensive to hire alawyer to write one for each project searching for a free sample 1099contract online isnt likely to get you a reliable and legally bindingagreement that applies to your field.To save time and money, you can purchase and download 1099 independent contractor agreement forms from ContractEdge.com.Theres an easy question-and-answer process that automaticallypopulates each contract form, and you can view sample contracts and usethe templates again and again.Once youve completed youragreement, it may still be a good idea to have an attorney look it overto ensure that all the details are appropriate for the project and yourspecific line of work.With a legally binding independentcontractor agreement in place, you'll enjoy greater peace of mind thatthe skilled subcontractor you've grown to trust, will remain a valuableextension of your consulting team.
Got,Subcontractors,Protect,You