Whether you operate a service, consulting, sales, production, or any other business, having well-structured agreements with your clients and business partners is crucial.
This is best achieved through written contracts that outline the terms you both agree upon, reflecting the shared commercial objectives established at the time of the agreement.
Without a written agreement, doubts can quickly arise, leading to disputes over what was actually agreed upon. Such doubts can extend to determining which country’s legal regulations apply to international collaborations.
The result of such disputes can potentially lead to your business not realizing the expected benefits from the agreement.
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The best and most enduring agreements, forming the basis for success, are those in which complex questions are deliberated and documented in written contracts before commencing any collaboration or customer/supplier relationship.
if you cannot agree on challenging matters during the “honeymoon” phase, proceeding with the commitment may not be advisable. In other words, you can save yourself and your company from numerous complications and resource drains by seeking to establish agreements with partners, customers, and suppliers who also aim for making the agreement a “Win” for you too.
The test is whether you can negotiate reasonable solutions about the difficult things such as:
Competition law imposes certain restrictions on what can be agreed upon between companies, and it is crucial to steer clear of these limitations when entering into an agreement. Similarly, ensuring that your company’s conduct aligns with marketing regulations is of increasing importance.
Entering into the wrong agreements, i.e., agreements with terms different from what you or your counterpart believed the agreement to have, can be costly on multiple fronts.
We can assist you in ensuring that you establish agreements that adhere to applicable laws and do not harbour any surprises for you and your company. These agreements can serve as the foundation for your company’s growth.
Did you find what you were looking for? Or would you like to hear about how we can help? Do not hesitate to contact us.
CONTACT INFORMATION
Name : Lykke Schmidt Advokatanpartsselskab
Email : [email protected]
Telephone : +45 4056 0602
Homepage : LykkeSchmidt.com
Address : Bredgade 3, 4. DK – 1260 København K Denmark
Cvr. no : 43772694
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