Have you got Ts & Cs for all your suppliers?

Outsourcing On The Rise

With the uncertainty of Britain’s economic and political climate, many business owners are reluctant to employ full-time or part-time permanent workers. But freelance work is on the rise. Also on the rise are companies that provide onshore and offshore services. Particularly companies offering call answering services.

Cutting Costs

Business owners can cut costs by using companies that facilitate their back office work. Marketing companies are also on the rise, helping SMEs boost their online profile. And sales companies engaged in selling on behalf of companies. There’s a never ending amount of services out there that can facilitate the running of your business.

To Trust Or Not To Trust A Supplier

Sometimes suppliers, particularly freelancers, carry out their work for you without a contract or agreement in place. Nothing in writing. There’s no reason why you shouldn’t trust people, if they look trustworthy enough… in an ideal world. But the truth of the matter is that it isn’t a case of trusting or mistrusting people in business. It’s a case of knowing where you stand and have a reminder in place, in case things get forgotten.

It’s Not a Matter Of Trust

With that in mind, we’d like to talk to you about suppliers and service agreements. If you have suppliers doing any work for you, you must have a written document setting out the terms of your agreement with the supplier. It’s not a matter of trust, it’s just a way of ensuring that both you and the supplier know exactly what the relationship is about. You need a document that solidifies that relationship with clarity and the assurance that both parties are clear about the responsibilities they have with one another. You can call it a ‘services agreement’ or ‘terms and conditions’ or ‘terms of service’.

Ts & Cs = Terms & Conditions

We’ll call it for now ‘terms and conditions’ or Ts & Cs.  If a company or freelancer provides you with services, Ts & Cs will be the rules by which both you and the service provider should abide. It helps you and the service provider to keep things in an organised fashion. This will avoid any future oversights, confusion or disputes. For instance, you’ll agree the fees and payment date, as well as time allowed to make payment. You’ll agree on which expenses should be reimbursed and how payment should be made.

Ts&Cs don’t necessarily have to be 10 pages long. You can easily draft an agreement that’s 2-4 pages long, including the signatures page. Next week we’ll give you a breakdown of Ts & Cs – what should be included in Ts&Cs. Please give us a call if you would like to discuss drafting a document for your suppliers or amend/review any supplier documents. SG

Make An Enquiry

Call us now on 020 7113 4003 or complete our Online Enquiry and we will be delighted to talk with you about your legal matter.

Free Enquiry

Back to all news

Share Article With:

Make An Enquiry

    Global Excellance Awards

    Client Reviews

    DG Law were fantastic throughout our purchase process. We had a short, fixed, timeline to

    Venetia Lawson-Cruttenden [solicitor] is fantastic!  She is always so thorough and efficient and gives you the

    DG Law supported us through a very difficult contractual negotiation to achieve exactly the outcome

    We were very pleased with the way that DG Law helped us on our transaction

    Thanks for all the help from DG Law in pulling together our somewhat complicated loan. 

    DG Law resolved a difficult lease renewal for us and their services were excellent –

    I needed understanding and experienced legal advice. DG Law provided an excellent service at a

    My experience was second to none – the service was professional and personal. DG Law

    DG Law always step up to the plate on our transactions and handle the various

    DG Law was recommended to me and my partner and I received excellent advice –

    Having worked with DG Law a number/couple of times now, I have been really impressed

    DG Law were constantly at hand, and kept pro-active throughout the thorny process of getting

    DG Law organised and ran a very useful session to help to make our team’s

    DG Law came recommended to me and whilst setting up a new business it was

    We were recommended three lawyers to handle the sale of our seven year old successful

    Why Choose Us?

    We live by our core values of transparency, flexibility and being honourable – every day

    We put ourselves in your shoes so we understand your problems from the inside out

    We deliver our advice in a way that is easy to understand