WHY YOU MUST PUT YOUR CONTRACTS IN WRITING

Shelia Huggins

Write That Contract Down

AND HERE ARE FOUR REASONS WHY YOU SHOULD

1. We can’t remember everything.

We are bombarded with images, things to do, people, and more all day long. It’s very easy to forget the details, and it’s ridiculous to expect that people will remember all the details. So write it down, and make it easier for all parties involved.

2. What if someone else needs to take your place for a little while.

Things happen. People get sick. They have emergencies. They go on vacation. If someone needs to step in on your behalf, don’t keep them guessing. Make it clear in a contract.

3. It helps clarify terms so there’s no misunderstanding about what was intended.

What is a business day? I’ve seen this term used in contracts. Does it include Saturdays? For some businesses, it does. What about holidays, are they included or not. Take the time to describe and explain not just industry-specific terms but terms that may not be clear.

4. The parties will generally feel more responsibility.

Once you’ve signed on the dotted line, you feel more of a responsibility to carry out what you’ve agreed to. It’s a legal document, and the weight of it tends to result in both parties taking the agreement seriously.