Contracts are a key element in doing business, which is why it is important to know and understand the terms and legal consequences of entering into an arrangement with anyone.
Contractual disputes can be stressful, costly, and time-consuming. The time and money taken up by a dispute would be much better spent on running and growing your business.
The internet has been a great resource in making legal information more accessible. However, this accessibility comes with risks. It is hard to distinguish between what is good and relevant legal information for your own circumstances and what is not. Of all the materials and information available online, contract templates are one resource that you should be very wary of.
We regularly see self-drafted contract templates that are not appropriate for the business engagement at hand or for the legal jurisdiction in which the parties are based, that are confusing, and that incorrectly interpret the law and requirements. We see self-drafted contracts that expose our clients to unnecessary risks and that are unenforceable.
Drafting clear, concise and enforceable contracts means good business. A well drafted contract template adds value to your business, clearly describes the roles of the parties, protects your interests and reduces your legal risk.
Here at Nicholas Bent & Associates we can help you to prepare bespoke contracts or contract templates that suit your business needs.
Contact us – we are here to help.
Get in touch at +27 (0) 78 728 4498 or via email at nick@nicholasbent.co.za or web https://www.nicholasbent.co.za.
