Not every town is a big and bustling city, rife with chain businesses from one side to the other. No, most towns are small and cozy, with businesses that are considered local, niche, and family-owned. With that said, many of these small businesses merge or make agreements with other businesses, ensuring both companies remain successful and afloat in their little town. So, how do two local business owners ensure their contract is legal and sound? Read on to find out.
Make Sure All Parties are in Agreements
Before a contract can be made, all agreements must be solidified verbally. Every party has to come to a unanimous decision to agree to the terms and conditions of a business arrangement. Ergo, the actual contract document should be drawn up, in both written and typed formats, with the conditions, agreements, and terms clearly outlined. Plus, each party has to sign their names … Read the rest