Product category:
Building Industry Finance, Law and Insurance
News Release from: ContractStore.com | Subject: Legally binding contracts
Edited by the Buildingtalk Editorial
Team on 10 January 2008
Protect yourself with proper business
contracts
Giles Dixon of ContractStore.com explains the importance of protecting yourself in 2008 with legally binding contracts.
Protect Yourself in 2008 with Proper Business Contracts Almost all economic forecasts for this year are pretty grim, and if as predicted, things get a lot tougher, there is going to be increased likelihood of business failures, bad debts and contract disputes in the construction industry
This article was originally published on Buildingtalk on 13 Jun 2003 at 8.00am (UK)
Related stories
Penalty Driven Environmental Legislation
Increasing tendency for environmental legislation to be penalty driven rather than incentive driven.
UK Businesses - No Successful Energy Policies
Market research from energy consultant shows little evidence of successful implementation of energy policies.
Giles Dixon of ContractStore.com explains the importance of protecting yourself in 2008 with legally binding contracts.
"Commercial contracts form the basis of every healthy business relationship".
"Professionally drafted contracts protect you in your dealings with other people, give your business a professional, established image when you use standard terms for buying and selling goods and services and help you meet legal requirements - in particular with regard to employees and the regulatory and tax authorities".
If you wonder why you should bother with business contracts, think for a moment: whether or not you write down the terms, you will be entering into contracts with other people all the time - with your suppliers, your customers or clients and your employees.
In addition, unless you are a one-person business, you will need an agreement with your partners or fellow shareholders on how the business will be financed and managed and how decisions will be taken.
Moreover, importantly, almost every business will require legally binding employment agreements, and ContractStore.com supplies employment contracts for every situation from part-time workers to overseas posting.
The company has recently launched a Staff Handbook - a 30 page document in 27 sections setting out the rights and duties of both employer and employee and the employer's policies and procedures in relation to all personnel matters, including disciplinary and grievance procedures.
Visit the ContractStore.com team at the Business Start Up Exhibition, 25-26 April 2008 at Excel, London.
For more information on Construction contracts for your business, or for free downloadable business forms and document relevant to the building industry go to the website.
• ContractStore.com: contact details and other news
• Email this article to a colleague
• Register for the free Buildingtalk email newsletter
• Buildingtalk Home Page
Search the Pro-Talk network of sites
