A company’s Terms and Conditions are a written statement of how the company will treat suppliers and customers, and how it is to be treated in return. Terms and Conditions are fundamental to getting paid on time and avoiding misunderstandings which can end up as costly disputes.
Here, the IoD Information & Advisory Service explains what Terms and Conditions should cover, and IoD members can request template Terms and Conditions for the supply of goods or the supply of services.
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