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Creating a Terms of Trade Agreement

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Does your business offer your customers credit terms? The main thing is that your terms of trade make it clear to your customers what to expect and minimise the business risk to you.

Terms of trade are not generic documents, and they are the subject of considerable litigation.

Give careful thought as to what terms of trade best suit your business. We can show you some sample templates for various Terms of Trade Agreements just to get you started. An internet search will reveal companies that can provide ready-made terms of trade documents.

Every business has different areas of exposure to risk, and different needs as regards terms of trade agreements. Your solicitor is the best person to draft a terms of trade agreement suitable for your business, especially if there is any possibility of exposure to litigation through issues such as liability or warranty.

We are happy to go through it and identify the issues most relevant to you so that you can instruct your legal advisor on your needs.

 

DOWNLOAD THE GUIDE TO TERMS OF TRADE

 

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Eric Mahoney, Chairman, Maritime Museum Foundation

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Nikki Flexman, Head of Growth, Sir John Kirwan Foundation

We have used Lynch and Associates services for over 15 years and have always found them to be a very friendly, helpful and professional team. They also really care about us and our business, as they went out of their way to assist us during difficult times. We have also used their professional business services that proved invaluable in helping us to get through a rough patch and refocus our efforts. Their approach to business services was understanding of our situation but well blended with firm encouragement to address issues and make strides towards improvement. We highly recommend them for both their accounting and professional business services.

Darryn Smith, Director, Multicolour Screen Printers Limited

A huge “Thank You” and shout out to the team at Lynch & Associates for all the consulting and accounting services they have done for my wife and I over the past 12 years. The team have work diligently on both trusts and a number of companies for us over this time and long may this continue. It is so great to engage with a professional proactive team that results in no sudden surprises at the end of the tax period. We look forward to the catching up soon and hearing what is new and how else we can move forward faster financially.

John and Shelley Bishop 

North Shore Riding for the Disabled is one of 50 RDA Groups across the country. Our previous auditor resigned suddenly and we were left searching for a new firm to handle our work. Errol Burn at Lynch & Associates stepped straight into the situation and we could not be more delighted with the way in which our subsequent audit was managed. Timely, insightful and always available, we could not be more pleased and look forward to a long relationship – indeed, we were more than happy to recommend them to our National Body when their audit was taken to the market.

Tim Lofts, President, North Shore Riding for the Disabled

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