How many people are guilty of skimming legal agreements? The terms are often long and filled with legal jargon that only lawyers and a select few others can understand. So if few people take the time to read the terms and conditions, are they really that important to have on your form?
The Terms & Conditions are a critical part of your form because these agreements explain the condition of the sale as well as oversee the transaction. If a dispute should occur during the contract, you will always have your original form with the legal agreement to reference.
Setting aside a section for your legal terms will also give your form that professional edge. Every company should have a set of standards that they stand behind. Stating your conditions beforehand will show your customers or buyers that you do not make things up as you go along but that you have in fact thought about how your business operates.
What should be in my terms and conditions?
The terms and conditions state each party’s rights and obligations in a business transaction. Your terms should explain when payments are due and any late fees you charge. They should also cover any other charges that a customer could incur while doing business with your company. The conditions tell the customer what your company is or isn’t obligated to pay in the event that something goes wrong.
However, it’s always best to seek competent legal advice so that your terms and conditions are tailored to your company. No one knows your business better than you and no one knows the law better than someone that has studied it.
How long does my Terms & Conditions need to be?
Depends on the nature of the business. Invoices typically have two lines regarding payment due and late fees. Auto repair forms, bills of lading, appliance repairs and other work order forms tend to have a decent paragraph spelling out the customers’ rights and who’s obligated to pay for what if something goes wrong. It’s best to seek legal counsel to determine what your forms should say.
Do I need terms and conditions on all of my forms?
Place your terms and conditions on every form you have so that you can review it with customers or suppliers to ensure that everyone can reach the same agreement. It not only protects you, but you are stating upfront what you expect and people will appreciate that.
Many of our forms come with terms and conditions but you should always carefully read these to make sure they are a good fit for your business. All of the terms and conditions found on our form templates can be edited to fit your needs.Tags: business invoice, business printing, company invoices, custom business forms, printing online
Categorised in: Printer's Advice
This post was written by Progressive Printing Team