How to successfully review a contract

Business owners will likely sign many legally binding contracts over the course of their career. Contracts are often full of legal jargon and overly-complicated phrasing, which might tempt you to sign without analyzing its terms.

However, the contract may contain a clause that can come back to haunt your company. Before you agree to the terms, be aware of what you and the other party must do to fulfill your promises. There are a couple key strategies to reviewing contracts.