"Get it in writing.” It is a practice that must be started, a habit that must be formed if you are going to be a successful business person. Too many times, clients come into our offices with a multitude of problems that could have been avoided simply by having an agreement in writing. Problems that now will costs thousands of dollars to resolve or litigate could have been avoided by taking the time and investing a small amount of money to have a contract drafted. And, more importantly, good customers, whether another business or member of the general public, will expect you to have written contracts as they demonstrate professionalism and clarity.
Recently Forbes Magazine* set forth the 10 essential contracts for small and growing businesses:
- Employment offer letters
- Confidentiality & Invention Assignment Agreements
- Service Contracts
- Confidentiality Agreements
- Web site Term of USe Agreement
- Stock Purchase Agreements
- Loan Agreements
- Letters of Intent
- Sales contracts
At Painter & Associates, we have the ability to assist you to draft these types of contracts for your business needs at a reasonable rate. And it is an investment that could save you and your business thousands of dollars and hundreds of hours of time by avoiding the simple mistake of “taking their word” for something.
*Harroch, Richard 10 Essential Contracts For Small And Growing Businesses. Forbes Magazine Feb. 3, 2016