Do Not Use Contracts “Found on the Internet”
Business owners frequently tell me that they use standard form contracts “they got online somewhere” in their business. This is a bad idea. A form contract typically does not have sufficient terms to protect the business. It is often too general and ambiguous. The standard “internet” contract does not consider the specific kind of business. Important terms between the parties to the contract and the laws of the state where the business is located or operating are frequently omitted from a “form” contract. Basically, when a free internet or form contract is used, the business gets what it paid for which is nothing.
Custom Terms and Conditions are Essential
There is no such thing as form contract that meets the needs of any business that may use the document. A critical feature of a written agreement is to include important terms and conditions related to the relationship between the parties. It is more effective to have a well written agreement with specific terms to look at if a dispute arises.
Avoid Disputes with Well Drafted Contracts and Documents
There are many potential disputes that can arise in a business that can end up in a lawsuit. Examples include issues between buyers and sellers, the business and its customers and vendors, employer and employees and the business and its landlord among others.
An experienced business attorney will prepare a contract and other business documents that are carefully tailored to the business. The goal is to protect the rights and interests of the business. A custom drafted contract can be crafted to the needs of the business and be designed to meet its goals. A standard “form” contract can be vague and not to adequately protect the business. The cost of an attorney drafted contract may save significant money for the business in the long run. Typically, the cost of a lawsuit will far exceed the cost of having an attorney prepare a contract for the business. Wouldn’t you rather have peace of mind and save the business from a costly lawsuit down the line?
We Prepare Quality Contracts and Documents
If your business needs quality contracts and documents call Lisa Wills, Law Offices of Lisa Wills at (925) 463-9000 or send an email today to the protect the your business and avoid costly business litigation.