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Marketing Success Hinges on Creating Project Contracts

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Marketing Success Hinges on Creating Project Contracts

 

Marketing consultants face a unique challenge. They are asked to create a marketing plan for a product that they may not be initially familiar with, and then are expected to produce results in the form of sales, leads or brand recognition. As a marketing consultant, it is important that the entire engagement between you and your client is clearly labeled through a project contract.

 

This will ensure that the project stays on task, on time, and on target. Budgets, responsibilities and timelines are all clearly laid out, making it much easier for you, the marketing consultant, to reduce your risk of being held liable for a less than successful project. By creating a project agreement, you as the marketer are aware of exactly what the client is expecting from your services. Once agreed upon, you are protected legally from having to be responsible for anything that was not covered in the contract, therefore reducing your risk of lawsuit.

 

 

General Liability Insurance

What Is General Liability Insurance? Commercial General Liability Insurance protects small-business owners from claims of injury, property damage, and negligence related to their business activities.

Workers’ Compensation

What Is Workers’ Compensation Insurance? Workers’ compensation insurance covers your employees’ medical expenses and at least some portion of their lost wages if they are injured on the job.

Business Owners Policy

What Is a Business Owners Policy? A BOP is simply bundled insurance designed to provide essential coverage to certain business owners at a competitive price. A BOP insurance coverage includes

Professional Liability Insurance

Professional liability insurance also called , errors and omissions insurance (E&O; insurance), protects you if a client claims that your services caused them to suffer a financial loss. While general liability insurance is primarily focused on property damage or bodily injury,

Disability Benefits Insurance

Employers in New York State are obligated to offer disability benefits insurance to their employees. This coverage is specifically designed to provide financial assistance in the event of off-the-job injuries or illnesses.



Business Umbrella Insurance

Without Business Umbrella Insurance (also sometimes called Umbrella Liability Insurance or Excess Liability Insurance ), you would have to pay the uncovered expenses out-of-pocket. Even if you carry General Liability Insurance for your business, without business umbrellainsurance you might face a repair, settlement, or judgment in excess of your coverage limit.

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