Terms and Conditions

Almost half of UK small and medium-sized enterprises (SME ) that offer products or services consistently according written credit terms with your customers about when will be charged *. But, Hey, have at least the EMS some form of set of terms and conditions to protect your transactions with your customers, right?Wrong. My colleagues and I, on a regular basis to review and improve the terms of business are invited to see an abundance of errors, omissions, ambiguities and contradictions. We would say that is not suitable for most purposes.There is a great deal at stake here for your company, especially if the goods or services on credit to your customers. Why? Because your terms drawn up, as well the risk considerably of late and non-payment can reduce. This means that they represent a great opportunity for your company to convert its richer by cash flow dramatically.So I would like to share with you two of the areas of problem commonly seen along with a simple fix for each one.When considering our clients ' terms and conditions, I sometimes can say how long ago each set of terms originally produced the type of problems seen in different positions. It/is usually because legislation passed on, because the conditions were produced for the first time.