Why Business Contract Services Are Invaluable For Any Business
Contracts are the lifeblood of business, allowing you to secure everything from a physical location to employees, suppliers, and in some cases, clients. That is why Jurado & Farshchian, P.L. offers Business Contract Services that account for nearly every business transaction or relationship.
Why Business Contract Services Are So ImportantPredictability is key to ensuring your business can continue operating and growing without any sudden pitfalls or disputes. Contracts ensure that both parties know what is expected of them: what the vendor must provide in what quantity by which time, what the employee’s duties are, etc. A well-drafted contract will clarify any potential ambiguities or areas of dispute, giving each side less of a chance of raising a credible dispute. An effective contract will also include a provision that specifies how potential disputes will be handled, helping to ensure that even a sudden dispute can be resolved expeditiously.
Comprehensive Business Contract Services Keep All Your Bases CoveredThere is virtually no relationship or transaction related to your business that does not require a formal contract or agreement. If you are purchasing commercial space, you will need a contract that establishes crucial details such as the purchase price, closing date, inspection period, and the duties of each party. If you are leasing a commercial space, you will need a written agreement specifying the length of the tenancy, the monthly rent, additional fees and assessments, and the landlord’s obligations. If your business specializes in providing certain goods and services, you will need an agreement with the client to govern the transaction. Purchase agreements help you acquire the capital good and equipment you need for your company to grow while licensing agreements to cover intellectual property, franchises, and the use of live music. Employment contracts keep your personnel aware of their job duties, while non-disclosure agreements and non-compete agreements protect you once an employee leaves or is terminated.