1945

What terms should be specified in my contract to make sure I get paid?

image of What terms should be specified in my contract to make sure I get paid?

The best way to make sure that you will be paid for your services is to have good working relationships with your customers and to deliver quality services. You should ascertain that your customers have a solid financial standing, a good reputation and access to the means for making payments to you. You will want to have some legal protection in the form of a written contract, which should be executed by persons with the legal power to bind both parties to the contract. If the contract has been drawn up in a country other than yours, have it reviewed by competent lawyers in your country as well as in your partner’s country.

Related Subject(s): International Trade and Finance
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