When entering a new business relationship, negotiating a one-off transaction or securing a long-term arrangement with a supplier, you need to think about supply arrangements. Whether you are the buyer or the supplier, it is essential that the right supply agreements are in place. Our supply agreement solicitors will create paperwork that reflects the business arrangement that has been agreed. This will help to mitigate any potential risk for your business. The supply agreement will also help to reduce the risk of disagreements between parties in the future.
Whether you deal with supply arrangement for your business all the time, or this is the first time this type of agreement is required, our commercial law solicitors are here to help. Each and every supply agreement should be drafted as a one-off agreement. This is because each new agreement or partnership can through up new or unexpected issues.
Here at Burgh Thorpe Solicitors in Peterborough our supply agreement lawyers have the experience and understanding of the legal framework and market practice you need. Their background knowledge and advice will also for much smoother and simpler navigation of supply issues now and in the future.
There are a number of complex pieces of legislation that can impact on your supply arrangements. These include the Sale of Goods Act (SGA) 1979, as well as the Unfair Contract Terms Act 1977. Failure to comply with these legislations could have adverse consequences for your business relationships. It is highly recommended that you take legal advice as soon as possible. The earlier the advice is taken, the less anxiety, stress and cost you will experience in the log run. It will also give you the peace of mind and reassurance that your business has the legal protection it needs if the worst was to happen.
The supply agreement specialists here at Burgh Thorpe Solicitors are highly skilled in drafting and reviewing bespoke supply agreements that will protect your business and govern the important relationships that you, as a business owner, will enter. If you want to ensure that your supply agreements protect your business, speak to our commercial law solicitors in Peterborough now.