Wednesday, 28 October 2015

Robert DeCusati - The Importance of Contracts in Business

Robert DeCusati knows that every business, and company, relies on contracts. Whether it is a contract with a supplier, or a client, each deal is delicate and vital to the company. There are three different levels of the creation of business contracts, negotiation, contract writing, and implementation. Each one is essential, and every company needs someone who is able to analyze and understand every point of a contract.

Contract writing is the most difficult stage. A contract needs to identify each party clearly and correctly, and cover every agreement the parties are making. A business contract needs to be simple yet detailed. Do not fill your contract with unnecessary legalese. Write it in a way that will be easy to read and reference in the future. Make sure to be thorough and detailed. Do not leave anything out, if one of the parties’ initiates a change, make sure that it is in the contract. It is vital that every contract details the circumstance for contract termination, and a way to resolve disputes. Most importantly, pick a state law to govern over your contract. Each state has a different set of laws that apply to business and contracts. Settle on one, and make sure your contract follows the laws properly.

Negotiation is the next step. Each party needs to come to an agreement on the contract. This means that each party needs to understand the contract fully, and know what their company wants. The final step is implementing the contract. Each party needs to hold up their end of the contract in order to avoid legal issues, and to maintain good business relationships.

Robert DeCusati is highly skilled at contract negotiation. He has years of experience dealing with contracts in several different industries.