Hopefully, you will have already made your customer aware of your standard terms and conditions at the start of business relationship. Many businesses consult a solicitor for help in setting these out clearly.
Having clear standard terms and conditions can help protect your rights in the event of a dispute. Having them printed on the back of your sales invoice can serve as a timely reminder to your customer.
Your terms and conditions can cover such items as:
- payment terms
- credit limits and credit period
- interest charges on late payments