Contracts are a curse for a small services businesses.
Most small services businesses enter into them, mistakenly thinking they create certainty, prevent losses, and form an important part of risk mitigation. But they are wrong. Most contracts only offer confused (borrowed) boilerplate, a vague nod in the direction of certainty, and too many hours of effort in drafting, negotiating and signing.
The best certainty of all is keeping your arrangement simple. Here's how you can lose the contract and improve your client relationships at the same time.