For those of you whose business is now quieter than usual, you could consider using the time to do some housekeeping and take care of some of the things you never normally get around to. For example, you could run a check to see your website is legally compliant and that you have the Ts & Cs you need for when we come out of quarantine (or while we are in it).
The Chancellor has announced plans in the March 2020 budget that the government will reimburse small employers (meaning those with less than 250 employees) for statutory sick pay paid out to employees for the first 14 days of sickness.
The UK Government has announced new import controls will be imposed from 2021. Do your trading agreements with EU suppliers and/or buyers deal with the risks that this may bring, including quality checks, customs duties, tariffs and more bureaucracy? We have some resources to help you.
ContractStore has collated five employment policies into a single document for you to download. The Employment Policies Collection contains the following : E-mail and Internet policy Travel Expenses policy Health & Safety policy Equal Opportunities
As a supplier you should always check out the companies/people you are dealing with. Are they reliable and established? You don’t want to get caught out by insolvency or even fraud. You should also carry out a check on the financial soundness of your customers. We recommend you have a process in place. Create a form and send it to potential customers to complete, authorising you to get bank, credit and trade references. Here we have full details of what you can do to ensure you are setting up a relationship that works well and lasts a long time.
Every business transaction involves a contract, and generally speaking, unless the transaction is an over-the-counter sale, it is much safer to put the terms in writing. As Nobel prize winner, Oliver Hart says in the quote on our homepage: “From shopping in a store to running a corporation, contracts and agreements matter everywhere.”
Whilst it is tempting to agree terms of a transaction on the basis of a handshake or an email, a canny buyer or supplier should always ensure that they have entered into comprehensive terms which cover the key aspects of the deal. Contracts are the glue that seal the relationship between a business and its customers or clients and provide certainty. Good contracts make great relationships! Here we cover in-depth what you need to know.
Here at ContractStore we want you to be able to protect your business effectively for less. We publish contract templates so you can understand what to think about in business dealings, but we always encourage
At ContractStore we have recently updated our collection of Brexit clause templates. These are designed to help companies doing business between the EU and UK to cope with the problems of Britain leaving the EU.
If you are an agent or distributor of a company in the EU or you regularly trade with companies in Europe (or vice versa), you can mitigate the Brexit risks by agreeing in advance with your trading partners how you will handle the difficulties if and when they occur.
Chasing Debts and Stopping Late Payments Delivering your invoice Chasing a debt Debt collection agents Statutory Demands Remedies that do not involve litigation Checklist If your client or customer fails to pay on time,
A contract acts as a kind of project management tool, because you need to both define and agree all the key deliverables, the scope of the work, what happens if something goes wrong, who deals with insurance, and more. Its a great way to make sure you are running your plan well and are prepared for the inevitable problems that come up.