Set the rules: Essential requirements for business trading terms

摘要

Having reached the point where you intend proceeding with a job the next point is to ensure that your business has well drafted business trading terms. Unfortunately, this is an area where many businesses fail badly, particularly in the building industry.In the first article, we looked at the importance of obtaining good information about your potential customers.This is because you need to know who you are advancing credit to, ensure that you have the correct entity and that you have sufficient information in order to carry out basic credit checks.