So you’ve just received your employment/distributor/brand representative contract – great! Where to sign? Or should you?
Congrats! You’re starting a new career, or maybe you’re just doing some multi-level marketing work for a little spending money. Or maybe a really great company has asked you to be a brand rep for them (it’s all over IG – why shouldn’t you get in on that money train? Or at least free gear!). You’ve talked to right people, it sounds like the perfect opportunity, and you can’t wait to start. So why is the contract they sent you so big? Do you really need to read it all the way? Yes! Here’s why:
How does the company identify your role? Are you an employee or an independent contractor? This designation will affect more than how you pay taxes on your income. It can also affect whether you can be held legally responsible for any harm suffered by your customers as a result of your business relationship. Should you be liable for injuries a customer suffers from using the company’s product while the company is off the hook? Well, you may be, if the company gets its way!
Employee versus independent contractor status is just one of the many important provisions likely contained in your contract. Your new company probably didn’t fully explain the dirty details and the potential consequences to you as a result of signing an agreement you don’t fully understand. This is why it is so important to have an experienced attorney review your contract and help you understand exactly what you are agreeing to by signing it.
We offer document review and opinion letter services specifically for this purpose: contact us today to schedule your consultation!