Set Out Company Contract For Free

if you spend enough time dealing with customers you will at some point have to deal with the contracts related to the service you provide to those customers at first contracts can be intimidating but like most things in life once you get a bit of practice you will be better at dealing with these agreements the following slides won't teach you to be a lawyer but they will provide you some real world insights that will help you when it comes time to deal with a contract you won't believe how many contracts I have seen come across my desk that did not have the proper signatures what I mean by the proper signatures is that the client who is getting the product or the service has signed the contract and the person that is supplying that product or service has also signed the same contract you have to have both signatures on the same document in order for it to be a contract a lot of smart contracts now have this wording below the signature line authority to bind the company this wording serves as a reminder to the person who is actually signing the contract that they must have the authority to commit to the terms of the contract that they are about to sign basically the client by signing it says yes I can pay for this product or service that I'm about to receive and then subsequently the company representative is also saying yes I can deliver the product or the service as it it's outlined in the contract all contracts should have these basic elements number one a start date when are you going to deliver the product or the service number two contract length this can be any duration of time from a day a week a month 7 months or even four years number three details of the product or service this item can never have enough detail the goal here is to make sure both parties know exactly what is to be done in the contract right down to the finest details it is important to make sure everyone's expectations are absolutely crystal clear number four prices yes it is important to list out the price you are charging for the service or the product that you are selling making sure the contract details what is included is just as important as to what is not included in the price when you think price think number of units volume frequency and any and all discounts and for how long that price will be in effect you may want to offer discounts or increases in your price if certain conditions apply such as a customer who buys more than expected or less than agreed to keep these options open because you never know what will happen in the future number five payment terms in the olden days when business was a local exchange of goods and services payment terms were pretty much cash when you bought or received the product or service as business became more International it became inconvenient to pay cash for say a shipload of iron ore so payment terms became part of the contract payment terms ensure there is a timely balance between the delivery of a service to the payment...