Page 12 - The Notice Board JULY AUGUST 2021 edition 69
P. 12

Page 12                                                                            July-August, 2021
              How to Write a Customer Contract and When to Use it


        What  to  Put  in  a  Customer            you will accept payment. If   Sample Customer Contracts
        Contract                                  it's MOMO or credit card,     Most  industry  organizations
        Remember, you don't need to use           you  may  want  to  add  the   have sample contracts available
        an arsenal of legal words but the         fees  into  the  amount       to their members. You can also
        contract should be detailed while         depending  on  the  size  of   simply  Google  “sample
        remaining simple. Here's what to          the job.                      contracts”  to  find  general
        include:
                                               ·  Contract  Expiration-  If  templates that you can download
           ·   The date- When was the             you're performing ongoing  and change to your liking. Once
                                                  work for the customer, the  you make your first contract, it's
                                                  contract  may  include  an  quick  and  easy  to  change  the
                                                  expiration  date.  This  details  for  future  customers  or
                                                  allows you and the client to  clients.
                                                  negotiate  new  terms  at  The  problem  with  using  these
                                                  given intervals.              sample contracts is that they may
                                                                                be overly complicated, and they
                                               ·  Include  wording  of  how     may not conform to the specific
                                                  the  contract  may  be
                                                                                requirements in your country. If
                                                  terminated.  This  could      you  do  want  to  use  a  sample
                                                  include  not  paying  at      contract  you  find  online,  we
                                                  specified  intervals,
                                                                                strongly recommend you have it
                                                  substandard  service  on      reviewed  by  your  own
                                                  your  part  or  any  other
                                                  terms  you  and  the  other
               contract executed. Include
                                                  parties choose.
               the full date.
                                               ·  Signature  and  Date-
           ·   All  Parties-  If  they're
               going to sign the contract,        Leave  a  place  for  each
                                                  party to sign and print their
               they should be mentioned
               a s   p a r t i e s   t o   t h e    name and date the contract.
                                                  Each party should do this.
               agreement. Use their full
               legal name. No nicknames
               or  half  names.  Don't  use   Consultant-Written Boilerplate    consultant.
                                           Contract
               anything  like,  “Mr.       If your business repeatedly needs    Bottom Line
               Smith.”                                                          Any  reasonable  person  doing
                                           contracts for similar types of jobs,
           ·   General  Scope-  Also       purchases  or  sales,  have  a       business with you will welcome
               called the agreement, this   consultant who works with small     a contract—even your friends or
               is a brief statement about   businesses draw up a boilerplate    longtime  customers.  It  clearly
               what you will do for the    contract you can use and reuse in    and  objectively  lays  out  the
               client or customer. It may   your  business.    Each  time  you   scope  of  the  relationship  that
               also include anything the   have a new deal you will just need   greatly  cuts  down  on  the
               other  party  should  do  to   to change the name of the parties   potential for misunderstandings.
               complete the work.          involved  and  any  information      You don't have to be a lawyer to

           ·   Payment  Terms-  Of         that's unique (dates, names of the   write  a  contract. Anything  you
                                                                                put into writing that both parties
               course  you're  going  to   parties involved, quantities, cedi
               include the final cost but   amounts, etc.) that are unique to   sign is a contract.
               also include the amount of   the  specific  deal.  Having  a     Don't wait until you get burned
               the  down  payment  and     consultant  create  the  boilerplate   by a client or customer to start
               any  other  incremental     contract  will  help  ensure  the    using contracts. Start today.
               payments  throughout  the   contract  conforms  to  our          by Tim Parker
               job.  Also,  include  how   national laws.


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