Page 11 - The Notice Board JULY AUGUST 2021 edition 69
P. 11

July-August, 2021                                                                                                                                                                                                Page 11
             How to Write a Customer Contract and When to Use it



                                                                                 prove in court.
                                                                                 One  caveat:  If  the  contract
                                                                                 involves  an  amount  of  money
                                                                                 that either you or the client would
                                                                                 consider  significant,  have  an
                                                                                 attorney  write  it  for  you,  or  at
                                                                                 least review it for you. Trying to
                                                                                 avoid legal fees for creating or
                                                                                 reviewing a contract now could
                                                                                 cost you thousands of Cedis (or
                                                                                 more!)  in  legal  costs  if  there's
                                                                                 some  future  disagreement  over
                                                                                 the terms of the contract.


                 aving a written contract           client.                      Cut the Legal Words
                 or  agreement  between         4. They  don't  want  to  offend   Wherefore, hereto, by with, and
        Hyou and your customer                                                   all of those other legal-sounding
                                                    the customer or client.
        can  help  your  customers  know   Have  you  used  any  of  these       words  don't  make  the  contract
        what to expect when buying from                                          more legit. You also don't need a
                                           excuses?  None  of  these  are  good
        you and, in the event of problems,   reasons for not using a contract. If   bunch  of  subsections  and
        protect  you  from  unnecessary    you're a retailer, your contract could   headings. Your contract can be as
        losses. Here's what you need to                                          informal  as  you  would  like  as
                                           be  on  the  back  of  the  customer's
        know  to  write  the  customer     receipt and if you're a freelancer or   long as it clearly lays everything
        contract and advice on when you                                          out.
                                           other service-based worker, it may
        need to use it.                    be  more  formalized—a  legal-
        As  a  business  owner,  if  you   looking document of sorts.            Negotiate  the  Contract  with
        haven't been burned because of                                           the Decision Maker
        your lack of a formal agreement    How  to  Write  a  Customer           You're  wasting  time  if  you're
        with  a  customer,  your  day  is   Contract                             negotiating  a  contract  with
        coming. Regardless of the type     Just the act of putting something in   somebody who doesn't have the
        of business you have, a contract   writing  is  a  good  first  step.  You   authority to sign the agreement.
        is a must.                         aren't  going  to  offend  any        Deal  directly  with  the  decision
        Are  there  any  business  owners   reasonable person by asking for the   maker.  If  you  don't  know  who
        who don't know that they should    agreement in writing. If it's a friend,   that is, ask, and request they be
        always  have  a  contract?         having a formal contract is one of    included in discussions.
        Probably  not  but  many,          the  best  ways  to  preserve  the
        especially  small  business        friendship, since the written, signed   Choose  Which  Laws  Will
        owners,  often  neglect  to  put  a   document will spell out the terms of   Govern the Contract
        contract  in  place.  Some  of  the   the deal.  Oral agreements, even if   If  you  and  your  customer  or
        reasons include:                   they may be valid in the country,     c l i e n t   a r e   i n   d i ff e r e n t
                                                                                 jurisdictions,  pick  which  laws
             1. Drafting a contract is a lot  can  be  difficult  or  impossible  to   will  govern  the  contract.  In
                of  time-consuming
                                                                                 almost all cases, you'll want that
                work.
                                                                                 to  be  your  own  country.
             2. They don't know what to                                          Additionally,  specify  that  any
                include.                                                         actions  or  proceedings  arising

             3. They're  doing  business                                         from the contract will be handled
                with  a  friend  or  long-                                       in that country.
                standing  customer  or
                                                                                                     Continue on pg 12

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