Knowing what you are bound by.
WHAT TO RECORD
What agreements exist With whom What they cover When they renew What notice is required Where the document is
WHY
Businesses regularly discover they are bound by something forgotten.
Or pay for a service they stopped using because notice was never given.
WHAT TO DIARISE
Renewal dates Notice deadlines Review dates
THE NOTICE DEADLINE
Set a reminder well before it, so you have time to decide.
WHAT TO REVIEW ANNUALLY
Every agreement Whether it still suits Whether the other party is performing Whether the terms should change
WHERE TO KEEP THEM
Organised, backed up, and accessible.
Not only in email.
WHAT TO DO WITH EXPIRED ONES
Keep them for the retention period, marked as ended.
WHAT PEOPLE DISCOVER
Automatic renewals they did not want Obligations they forgot Agreements they cannot find
