BIN Digest

Independent contractors, especially systems integrators, are at high risk for lawsuits, simply based on the nature of their work. One way that systems integrators and custom programmers can reduce their risk is by creating project agreements. The contract should clearly label the responsibilities from both parties involved in the transaction, project scope, timeframes and penalties for altering the contract in any way.

Protecting yourself from lawsuits is the first step towards becoming a successful independent contractor. Larger companies might want to take advantage of your services, since you represent yourself, but don’t let that happen. Create a solid contract and your clients will not be able to make changes without your permission.

As an independent contractor, it is important that you protect yourself with airtight contracts. For more tips on being a successful independent contractor or systems integrator, visit the TechInsurance Small Business Center for more information.