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Contracts
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There are contracts and agreements for virtually any aspect of business including: -
PARTNERSHIP AGREEMENTS - An agreement to regulate your business relationship.
No matter how well you get on with your Partner(s), what happens when things turn sour,
when a Partner dies, etc? It is evident to see how a document dealing with such events
can save money, time and no little stress.
SHAREHOLDERS AGREEMENTS - A similar agreement to a Partnership Agreement but for the
shareholders of limited companies. They are particularly useful for small and/or family run
businesses.
FRANCHISE AGREEMENTS - For Franchisors, these clearly need to be carefully drafted to
suit your particular operation. If you are a potential franchisee, you need to know the impact
and possible pitfalls of the proposed agreement.
TERMS AND CONDITIONS OF TRADING - These are essential for any business.
They should be tailored to meet the needs of your own business
and should cover areas such as payment terms, ownership in goods, retention of title, delivery of
goods and performance of services, and any restrictions on your liability as the supplier.
As a business in your Terms and Conditions you are trying to avoid, as far as possible, problems
arising in the future. By having properly drafted Terms and Conditions you have a much better
chance of avoiding very costly disputes.
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