When going over business contracts, it's important to include these terms:
1. Attorneys Fees: If you need to litigate, attorneys' fees will be paid by the other party.
2. Payment Terms: Terms, late fees and interest on late payments need to be included to ensure the other party understands what they owe, when, and what will be added on if they don't.
3. Is this the entire agreement: Make sure everything is in writing. Handshake deals outside of the contract do not count!
If you need help with a business contract or have questions, contact A Business Law Firm in Spartanburg, South Carolina. 864-699.9801 abizlaw.com
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