Drafting a business contract can be a challenging and time-consuming process, especially if you are inexperienced in this area. You don't want to leave yourself or your business vulnerable if something goes wrong, and a legally-binding contract by professional lawyers can help. We'll outline the biggest mistakes to avoid in your business contract below.
1. Not Insisting on a Formal Contract
Many people make the mistake of not insisting on having a formal contract in place for all of their business partnerships. While you can potentially enforce an oral contract, it's much harder to prove....