Category Archive: Contract

Do You Need To Update Your Contract For 2020?

As the end of the year draws closer it’s a good time to review the different elements of your business. You can check your stock and your sales, your products and your people. In fact, there are many areas which can be analysed at the end of the year and it’s important to check you’re […]

The Top Three Pains of Being a Business Owner

No one said running a business is easy all the time. In fact, sometimes it can be pretty hard going and from time to time it makes you wonder why you started up in the first place. I meet lots of business owners, either through meetings with my clients or at networking events, and although […]

How having a bespoke contract saves time, money and prevents quibbling

If you don’t have a written contract between your company and your customer, you may be opening yourself up to problems and quibbles which could easily be avoided. A verbal agreement can work in some situations, however having your terms of business written in a black and white contract and signed by both yourself and […]

What do you need to check when thinking about your contract?

There are six elements to every legal contract and I cannot recommend enough that you get your contract professionally written and reviewed regularly. There are so many times consumers and businesses get caught out by badly written contracts. Yes, it costs money to create a solid contract, but I am sure it will cost a […]

When should I raise my invoice? Why does it matter?

A question I sometimes get asked by my clients is “when is the best time to raise an invoice” and it can vary from client to client, depending on the type of business and the terms in their contract. Ideally, an invoice should be raised as soon as your customer wants your product or service […]

What you can do instead of offering a free trial

What do you do when you’ve got a new customer and they want to try your product or service before paying? Do you offer them free samples or a free trial? You might want to let them try your product or service for a 7 day trial, or a 30 day trial and make sure […]

What is a Written Word Agreement?

A written word agreement is exactly what it sounds like, it’s writing down things you have agreed verbally between yourself and your client. There’s the saying, “the pen is mightier than the sword” and this is especially true in business where things that have been agreed and written down will stand up if ever there […]

Why should you have terms and conditions in place?

Why do I need T’s and C’s? Every company needs some form of agreement to provide a product or service to a customer. These are usually called Terms and Conditions however you may see them called Terms of Use, Terms of Reference or Terms of Acceptance, which generally mean the same thing. They’re all documents […]

Can I update my existing terms?

As a business owner or employee, from time to time you might need to change your terms of business and/or the contract your clients agree to when they are using your products and services. This might be because: You want to change your payment terms, e.g. from a one-off payment to monthly billing. You want […]