July 30, 2014

How Can A Standard Business Contract Be Helpful in Running Your Business?

One of the most common matters that a business attorney addresses with his or her client is the preparation of a standard business contract that the client (usually a small business owner) can use in providing its products and/or services to customers or clients.  This is an important aspect of managing the legal risks of any business, particularly smaller businesses, because a standard business contract can address in clear and concise ways the matters that are most often problematic for the small business.  Whether you are a consultant, sell products, or provide specialized services to customers, a standard business contract will be beneficial in clarifying the terms and conditions of your transactions with your customers in a number of important ways.

The preparation and use of a standard business contract can be extremely useful because it then becomes a kind of checklist of both economic and legal items that are most important to address and agree upon between the business and its customers or clients.