What is a sales contract?
A sales contract is a documented agreement between a business and a customer that outlines all the terms and conditions of a sale. A sales contract agreement can be used for the transactions of goods and/or services. The business will draft the sales contract, the customer will review, and both parties will sign the final document. If any disputes arise from either party after the contract has been signed, it can be used in legal proceedings.
Why should you use a sales contract?
Using a sales contract protects your business in many different situations. What if your buyer doesn't pay you? What happens if the product is damaged during shipping? How will you handle discussions over pricing? A sales agreement can help guide you through these situations and many more. It ensures you and your customer have a clear understanding of all aspects of the transaction and are prepared to tackle whatever situations may arise.