10 Reasons Why You Must Have Terms And Conditions For Your Business

Are you are setting up in business, buying or growing an existing business or simply reviewing and taking stock? Wherever your business is, you should always ensure you have comprehensive Terms and Conditions and that they are up to date.

All businesses of every type and size need to have Terms and Conditions in place and here are 10 reasons why:

1. They provide certainty in case of any conflict or disagreement between the business and its’ customers or suppliers

2. They will be bespoke to your particular area of business and can be tailored to meet your exacting industry needs.

3. They will protect interests that you may not have considered such as limiting your liability in certain circumstances or dictating exactly when ownership in goods passes.

4. It will save you time and money in case of potential disputes and may prevent any costly Court action being.

5. It shows that you take running and managing your business seriously and expertly and potential customers and clients can take comfort that the product or service that you provide is professional and legitimate.

6. They can provide evidence of compliance with individual industry legal requirements.

7. It provides peace of mind that you can get on with running your business safe in the knowledge that this part of the business is protected.

8. They will save time at the point of sale and can be incorporated into purchase orders and delivery notes leaving you to deal with the fundamental issues such as price and delivery.

9. Your customers and clients rights will also be safeguarded and they can take comfort in that you are providing them with a clear and concise procedure in case things go wrong and how any complaints will be handled.

10. In case of any change in the direction of the business or in the law itself, Terms can be altered fairly easily and quickly ensuring that you are kept as protected as possible and that you are complying with the law.

Having a comprehensive and robust set of Terms and Conditions should be a primary consideration for any business owner. Many commercial law experts have seen from experience the difficulties caused and the disruptions to business. These disruptions inevitably incur costs to the business as a direct result of not having these in place or by simply not updating and reviewing existing terms regularly. Therefore, it makes perfect sense, that by having Terms and Conditions professionally drafted, business owners can have the security and the peace of mind in the knowledge that they are protecting their business and complying with the law.

Network Marketing Terms And Conditions

When you sign up for a new credit card, you know that there is a 5 or 6 page document full of terms and conditions, legal jargon, and technical “talk”, somewhere in the intro pack. The same is true, but to an even greater extent, when you take out an insurance policy. In fact, almost anything you buy, use, or pay money for will come with a list of policies and procedures you must adhere to.

In reality, we rarely pay any attention to these. We assume that these documents are just a legal necessity, and probably won’t ever apply to us. Hence we happily sign our names at the bottom of the form, confident that we are doing the right thing.

Interestingly, this is no different for this type of business opportunity. Anyone who has signed up for such a project – whether it be online or in real life – has probably inadvertently sideswiped the issue, and just signed the joining documents anyway. After all, who has time to read 40 or 50 pages of technical, legal jargon?

Well, having read this article to the end, you may be persuaded to give the manual and any accompanying documents a decent review before you rush in to ventures of this nature in the future. Why? Here are some things you probably didn’t realize about the contracts you will be signing.

– You can still be fired!

Just because you are responsible for the activities in your network marketing business, there is no immunity from getting the boot. Deep within the terms and conditions of most businesses of this type is a clause informing you that if the business provider you signed up with doesn’t like your sales tactics, business outlook, or even your business model – you can promptly be “excluded” from the program.

Harsh? Maybe, but then again the opportunity provider does need to protect itself.

– There are regulations on marketing techniques.

If you thought that the task of marketing products was a free-for-all activity, think again. Network marketing business providers have very strict regulations of the ways in which you are able to publicize and advertise their products. Getting caught with a campaign that breaks the rules will almost certainly result in your partnership being terminated.

– ALL consumer laws still apply.

If your jurisdiction has laws governing the sale of products to the public (which all of them do), you will need to adhere to these regulations as well as the ones imposed by the opportunity provider. Once again, failure to do so could result in termination of your contract – and even legal action if the breach is serious enough.

As you have probably picked up on by now, the policies and clauses in the terms & conditions manual are heavily slanted in the business providers’ favour. To ensure that you don’t wind up breaching the contract you may be about to sign, take these documents away and run through them with a lawyer or professional.

This way, you can work to eliminate any legal risks you may face, before you have the liability slapped upon you unexpectedly. Yes, this will cost you money, however it may also protect you from losing larger amounts of money in the future.

Terms and Conditions of a Garden Furniture Sale

When the economy is not thriving, it is best to be prudent in one’s daily expenses. Unless it is a strong need that has to be satisfied, it is wise to exercise patience and prudence in making purchases during an ailing economy. For example, there may be a preference to change some furniture but the wise homeowner would wait for a sale to enjoy some savings. But there are certain conditions to a sale as the furniture pieces would be sold at a lower price.

Limited liability

Most furniture in the sale would have a limited warranty as the seller would not offer any liability for the purchases. It is usually a cash and carry basis that the sale operates on; the buyer would need to be very careful in checking out the desired pieces seen in a furniture sale. There is usually no refund or exchange on purchases made in the sale. Every piece in the sale is usually an ‘as-is’ condition with a reduced price. Hence, it is up to the purchaser to check the condition and price of the furniture piece carefully prior to paying for it.

Delivery

Most sales do not offer delivery of the purchases especially if it is a garage sale or private sellers. Big garden furniture manufacturers may offer delivery at a fee depending on the number of pieces purchased during the sale. Delivery services can be arranged with all costs and liability borne by the purchaser if many pieces were purchased. Friendly sale promoters may allow the preferred pieces to be stored for a day or two while the purchaser makes the necessary delivery arrangements and only if the full payment for those pieces have been made. Recommendations of delivery services can be made by the sales promoter but all expenses and inaccurate or incomplete delivery information would be the purchase’s responsibility.

Pricing

Most pricing at a Garden Furniture Sets sale is fixed. There is normally no negotiation on the prices of every furniture piece on sale. Listed prices may or may not include VAT. There are many ways to list the pricing of components in a garden furniture sale. It could be a display of the actual price and the discount percentage. This would require some computation of the actual sale price when a purchase is desired. Some garden furniture sale puts up the final marked down price clearly for the convenience of the buyer to avoid confusion.