When should I change my contract type?
An example of an AI chatbot conversation about when to change contract types.
When should I consider changing my contract type?
You should consider changing your contract type when your business needs evolve, such as changes in project scope or budget.
What are the different types of contracts I can choose from?
Common contract types include fixed-price, time and materials, and cost-reimbursable contracts. Each has its pros and cons.
How do I know if my current contract type is still suitable?
Evaluate your project's progress, budget adherence, and any changes in requirements. If there are significant shifts, it might be time to change.
Can changing contract types affect my relationship with clients?
Yes, changing contract types can impact client relationships. It's important to communicate changes clearly and ensure mutual agreement.
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