ENTREPRENEUR ADVICE
WHY YOU NEED A CONTRACT FOR EVERY BUSINESS TRANSACTION Written by: Beatrice Yabarra
If you run a business, your business depends on all kinds of relationships: With customers or clients; with employees; with vendors of goods and services; with lenders and landlords, just to name a few. Each party to a business relationship brings to it a set of expectations with respect to what he or she will give and get. A contract is a useful tool for describing and defining the expectations of each party to a business relationship. Why is this important?
