I received this Disclosure Statement and a copy of the Business Broker Contract (or Engagement Agreement) on the date set forth below.ĭate: _ Client Signature: _ Client Name (printed): _ The circumstances under which you will be obligated to pay the Business Broker (or the Business Broker will be permitted to retain money you have paid) are set forth in the Business Broker Engagement Agreement. The actual services the Business Broker undertakes to perform are set forth in the Business Broker Engagement Agreement, which are the only services the Business Broker is obligated to provide. List of Business Broker’s officers, directors, trustees, general partners, general managers, principal executives and other performing similar duties: YOU ARE ENCOURAGED TO HAVE THE ENGAGEMENT AGREEEMENT REVIEWED BY AN ATTORNEY. READ BOTH THIS DISCLOSURE STATEMENT AND THE ENGAGEMENT AGREEMENT CAREFULLY. THIS BUSINESS BROKER ENGAGEMENT AGREEMENT IS PROVIDED WITH THIS DISCLOSURE STATEMENT AND IS AN INTEGRAL PART OF THIS DISCLOSURE STATEMENT. THE INFORMATION CONTAINED IN THIS DISCLOSURE HAS NOT BEEN VERIFIED BY THE SECRETARY OF STATE AND IF YOU HAVE ANY QUESTIONS, SEE AN ATTORNEY BEFORE YOU SIGN A CONTRACT OR AGREEMENT. When you’re just starting out with your business, this is often the safest, most affordable, and quickest option.īut if you need more convincing, let’s talk about why you should use a contract template over a custom contract.THE SECRETARY OF STATE HAS NOT REVIEWED AND DOES NOT APPROVE, RECOMMEND, ENDORSE OR SPONSOR ANY BUSINESS BROKERAGE CONTRACT.

To get a contract template, all you have to do is pay for one once, download it, and customize it with your information.

To get a custom contract, you’ve got to find a lawyer who (hopefully) specializes in your industry, sign an attorney-client agreement, and then pay them to write an original contract that is tailored to you, your business, and your concerns. Let’s break down the differences between the two first. What’s the difference between a custom contract and a contract template?

You’d think that something created specifically for you and your business would always be the best option, right? Well, no, not necessarily! 'Do I need a custom contract or can I use a contract template?' This question turns up in our inbox quite a bit, and today we want to have a frank discussion about the pros and cons of having a custom contract vs a contract template.

Custom work client contract template