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Contracts 101: How to Structure Business Relationships, Protect Your Interests, and Avoid Legal Problems (Course)

Using clear, non-technical language, this course teaches you the key principles, types, and practical use of contracts in business. You will learn how to use contracts as tools for clarifying expectations, building trust, and protecting your business interests.

About the Course

Every business relationship you enter (whether with a supplier, customer, partner, employee, or investor) is built on expectations.

Contracts are the tools that define those expectations, protect your interests, and reduce the chances of disagreement and conflict down the road.

Yet, many entrepreneurs underestimate the importance of contracts or rely too heavily on informal agreements that expose them to unnecessary risks.

This course breaks down contracts into simple, understandable parts. You will discover the difference between agreements and contracts, and why this distinction matters more than most business owners realize.

Using real-world examples and practical explanations, you will learn how to structure strong business relationships that support your growth instead of leaving you vulnerable.

But understanding contracts is not enough. This course walks you through the lifecycle of a contract, from negotiation to agreement to execution, so that you recognize where the problems often occur and how to avoid them.

By the end of the course, you will know how to approach contracts confidently, ask the right questions, and make smarter decisions.

What will you learn?

By taking this course, you will learn:

What a business contract is and why it matters.
The difference between general business agreements and legally binding contracts.
Why contracts are powerful business assets, and not just legal documents.
When to formalize a business relationship with a contract, and how to identify the right timing.
The essential elements of a valid and enforceable contract so you're not tricked into a "fake" or "empty" contract.
Types of contracts: written, verbal, and implied, and how each affects how well your business interests are protected.
Key contract terms, clauses, and provisions every entrepreneur should understand, and their implications.
The major stages of entering a contract: negotiation, agreement, execution, and beyond.
Common contractual mistakes business owners make, and how to avoid legal problems.

Who is this course for?

This course is valuable for:

  • Business owners , consultants, and entrepreneurs who want to manage business relationships professionally and avoid legal trouble.
  • Managers or executives who sign deals, hire vendors, form partnerships, or plan to enter agreements with clients, suppliers, or collaborators.
  • Anyone who wants to understand contracts, even if you have no legal background, so you can make smarter, safer business decisions.

Course details

  • Format: 6 pre-recorded lesson videos. Available to watch now on mobile, laptop, or desktop.
  • Flexibility: Watch whenever you want, wherever you are. Learn at your own pace. No need to attend live classes.
  • Length: 3 hours. Full and comprehensive course.
  • Access: Members only. Only members of the BMG Academy can access this course and dozens of other courses by John-Paul Iwuoha. Click here to become a member.
  • Q&A: Use the comments section below each lesson to ask questions, and get feedback and answers from John-Paul that are tailored to your situation.
  • Price: See price here.

Click the button below to join the BMG Academy and take this course.

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About the BMG Academy

The BMG Academy is a platform by Activator HQ for entrepreneurs and business owners who want to learn, grow, and win in business.

With access to dozens of detailed business courses by John-Paul Iwuoha, our members learn how to start or grow a business, attract and keep customers, boost sales and profits, raise funds from investors and banks, outsmart their competitors, develop structure and systems, fix tough business problems, and exploit market opportunities.

Click here to learn more and join us in the BMG Academy.


About the Trainer

Read John-Paul Iwuoha's Profile:

John-Paul Iwuoha is a management consultant, trainer, and former consultant at PwC.

He specializes in business startup, growth, and turnaround strategies, and has helped dozens of entrepreneurs and business owners start, build, and grow their businesses.

He has qualifications in Finance, Business, and Engineering (Mech.), and he is a Chartered Certified Accountant (ACCA). His industry experience covers financial services, tech, agribusiness, energy, manufacturing, retail, real estate, and more.

John-Paul is sought after for his expertise, insights, and advice. He has trained over 50,000 entrepreneurs trained since 2013.

He was a judge for the Africa Business Heroes Prize (2022 & 2023), a mentor on the Tony Elumelu Entrepreneurship Program, and a director & advisory Board Member for six companies.

He is a LinkedIn Top Voice for Startups and Entrepreneurship and has been featured on several local and international media platforms, including CNN, HuffPost, Fidelity SME Forum, Business Day, TAP Magazine, VOP 90.3FM, etc.

Click here to join us in the BMG Academy.

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