EP018 - Top 3 Clauses an MSP Contract Must Include with Kim Simmonds

Welcome to another episode of It's a Numbers Game Podcast by The MSP Finance Team with Daniel Welling and Adam Morris.    We created It's a Numbers Game Podcast to help MSP owners learn and understand how to build and maintain a financially healthy MSP business. In this podcast series, MSP business owners like you will learn the fundamental steps, the tips and tricks, the dos and don'ts to achieve MSP financial growth.     We are joined by Kim Simmonds from Law 365, a law firm specializing in helping Microsoft Partners including MSPs.      Kim talks us through the top 3 clauses being term & termination, service level agreements (SLA), and Microsoft New Commerce Experience (NCE).    We explore minimum term, automatic renewal, price increase, service credit and understand better two key legal terms "time is of the essence" and "exclusive remedy" and how critical contracts are to supporting your business valuation.    Read the 2022 Law 365 Microsoft Partner Insights - https://www.law365.co/blog/microsoft-research     Connect with Kim Simmonds on LinkedIn by clicking here - linkedin.com/in/kimsimmonds    Connect with Daniel Welling on LinkedIn by clicking here – https://www.linkedin.com/in/daniel-welling-54659715/      Connect with Adam Morris on LinkedIn by clicking here – linkedin.com/in/adamcmorris     Visit The MSP Finance Team website, simply click here – https://www.mspfinanceteam.com/       We look forward to catching up with you on the next one. Stay tuned!