Listen "2.REVIEWING AND STRENGTHENING OUR CONTRACTS - ELLEN MCILHENNY"
Episode Synopsis
Solid contracts are necessary for the Stage V company. Prior to this you may not have spent a lot of time thinking about your agreements with both your suppliers and your customers. However, potential buyers and needed investors for a pivot will want to know that promises made to you from both groups will be enforceable if not delivered upon. This becomes especially vital if you are dependent on one supplier or if much of your revenue is recurring. This could have a major impact on the value of your business.