Creating a Contract
Duration10'
No. of mini-lessons3
ResourcesTakeaway Tasks
Duration 10'
No. of mini-lessons 3
Resources Takeaway Tasks
Course overview
Commercial contracts are agreements made between 2 or more parties, laying out the terms and conditions of a transaction or business arrangement. They’re legally binding and protect the interests of all parties. They make sure everyone knows what’s expected of them, so there are no unfortunate surprises.
Unfortunately, things don’t always go smoothly when it comes to business agreements. If there are disputes about services or payment, a well-drafted contract can simplify the dispute process. Understanding what goes into a commercial agreement will help your teams protect the business. And it’ll make sure everyone involved understands and agrees to the terms of an agreement.
What's covered
What to consider before creating a commercial contract
The clauses that need to be included in a commercial contract
The difference between fixed-term, initial-fixed-term, rolling-subscription, and no-specified-term contracts
Why your teams need this course
Creating commercial contracts can seem overwhelming. But it’s all about establishing fair, transparent business arrangements. That’s why operational managers, business leaders, and anyone involved with commercial contracts will benefit from understanding where to start. This course will give them the basics, so you can implement your contracts with confidence.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
