WHY GETTING BUSINESS TERMS AND CONDITIONS IS CRITICAL
Businesses enter into arrangements with customers every day.
They may be contracts for small or large amounts of money, and may
have short or long term implications. Their Business Terms and
Conditions are the basis on which these arrangements are
entered.
In order to prevent a dispute down the track, and to increase
the chances of being paid, business terms and conditions should
always be in writing. In addition, Businesses should ensure they
have had their Terms and Conditions reviewed before using them with
customers. Not all contracts are created equal.
We too often see Business owners who do not understand the terms
and conditions of the agreements they are using with their
customers. This can lead to a failure to comply with their
obligations or an inability to enforce a debt. Many businesses are
left unprotected.
