Contracts are the lifeblood of business so you need to be able to write a strong one. That doesn’t necessarily mean a densely worded document filled with jargon. It just means a contract that states your purposes clearly so that there can be no misunderstanding or wiggle room. Hiring our Peachtree City business attorney can ensure that you’ve written a solid contract, but here are some tips to get you started.
We can help you write Georgia business contracts!
To really make it iron clad you will need to hire an attorney with the proper experience.
However, if you decide to write your own, here are ten tips you’ll want to follow.
- Simple is stronger. Legalese and flowery language do not make a better contract in fact, it can provide loopholes. Short simple sentences are best for building a bulletproof contract.
- If you want to enforce it, write it down. There is an old saying “Oral contracts aren’t worth the paper they are written on”. If you want to enforce a contract, it better be on paper.
- Make sure you are clear on identities. If you want to bind a person to an obligation you need to include their legal names. Make it clear who has which responsibilities.
- Talk to the person with the power. Don’t deal with a go between. If the person you are talking to has to clear every decision with a higher up then deal with the higher up. Odds are the other person doesn’t have the authority to bind the company anyway.
- Get down to the details. Anything that the parties agree between them should be put into the contract down to the smallest detail. Don’t trust even trivial issues to a hand shake and a smile.
- Specify payments. Put down the dates, times and requirements of any payments that need to be made and by whom.
- Talk about termination. Describe by what means the contract can be terminated.
- Have a way to resolve disputes. Write down what you and the other parties will do when something goes wrong.
- Pick a state and stick to it. If the parties are in different states then specify which you will use for the contract.
- Have an attorney look it over. If you were a golfer and Tiger Woods offered to help you with your swing, you’d take it. So, have an experienced attorney check your work before you have to depend on it.
At Slepian, Schwartz & Landgaard we can help you draft and approve binding business contracts in GA. If you have an important contract that you need to ensure is solid, make sure to schedule an appointment with our Peachtree City business attorney!