There are many types of commercial agreements and, if these are central to your business, then you ought to obtain legal advice before entering into them.

It’s essential that you have a good set of terms and conditions of business under which you offer your goods or services to your customers/clients. These need to be tailored to your business and fine-tuned to suit. Generic terms of business rarely do anything useful and you should keep your terms of business under regular review and update them as and when necessary.

Profit-sharing Agreements and Joint Venture Agreements can be drafted specifically to cover the terms on which you have agreed to do business with your partners. Properly recorded agreements reduce the likelihood of expensive future disputes.