Having clear Terms of Trade will ensure the smooth running of your business.
Do you want to make sure your money is in your account on time every month?
You should always have a clear legal relationship with your clients.
Collection of debts in a simple straight forward and effective manner is always the best way
Terms Of Trade Documentation
A credit management package establishes a clear legal relationship with your clients right from the start..Every business is different, Therefore we at waiVISTA will have specifically tailored Terms of Trade set up for your business.
Advantages of Terms of Trade Documents
Having correct terms and conditions in place will;
Provide protection against the profit & loss side
Provide indemnity from potential liabilities
Enable all charges to be imposed for late payment
Provide the advantage of reservation of title until goods are paid for (available in most circumstances where goods are sold)
Improve cash flow
Makes for ease of resolving disputes and unpaid accounts
waiVISTA has through it retained solicitors a range of documentation that can be personalised for your business including:
Terms & Conditions of Trade Documentation
Credit Application forms
Work Authorisation forms
Sales Order forms
Personal Guarantees and Indemnities- a must these days!
Estimate and Variation of quote forms
waiVISTA provides a comprehensive conditions service that will ensure you are covered for:
All the statutory legislation
Consumer Guarantees Act
The Fair Trading Act
The Sale of Goods Act
These Acts applies a number of statutory guarantees to the supply of goods and services for domestic and commercial use. Businesses need to be mindful of the requirements of this legislation and aware of what they are legally able to contract out of.