For any ambitious business, the contracts you sign define your customer and supplier relationships. When all is going well that much discussed document will be gathering dust in your filing cabinet. But if the terms of the deal ever come into question it soon becomes a vital point of reference and ultimately could be argued over in court.
A small amount of time and money
invested at the outset getting the right contract agreed, could prevent a far
higher expenditure and wasted management time later on.
But how can you ensure the
contract works in your best interest?