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Dont let your clients move the goal posts Protect your company
Large companies with purchasing power have been moving the goal posts and bullying their suppliers to accept new payment terms. Fightyourcorner advises suppliers to put in place good debt management systems to avoid problems in the future. Good debt management should protect companies affected by sudden changes in contract terms.

Other contractual terms Related Articles

Sued for Someone Else's Breach of Contract
Competitive business moves, if you are not aware and careful, could lead to you being sued for "intentional interference with contractual relations". The idea is that you can be sued if you get someone else to do something that is contrary to a contract.
Search Engine Optimization Vs. Search Engine Marketing: What's The Difference?
SEO and SEM are two terms that are commonly bandied about by webmasters. Sometimes it seems as if the two terms are used almost interchangeably. But is there a difference, and if so, what is it?

Precautions to Take When a Key Employee Leaves
Using non-compete agreements and other contractual restrictions for key employees is just one safe guard companies can use to protect itself against "pirating". There are other precauions companies can also take in order to secure a company's customers, business information and workforce.
How to create marketing that is better than Fortune 1000 companies
In the world of business it can be disheartening to think that you'll never be able to compete with the “big boys” because of their huge advertising budgets. Well maybe you can't in terms of production value, but you can certainly put together effective marketing campaigns that can rival what they do in terms of return on investment. The key is doing the basics of marketing...

Franchise Dictionary / Glossary
Whether you are an experienced franchise professional or you are just a fresher in franchising? This glossary is aimed at demystifying any jargon that you may come across while visiting an exhibition, taking an industry convention or reading a magazine, Here you will find explanations for the most important franchising terms. What’s the difference between a franchisor and a franchisee? Many terms are commonly used in association with the concept of buying and owning a franchise. If you are interested in purchasing a franchise, you need to be familiar with these terms. Are you considering franchising your business, this glossary is the most comprehensive franchising dictionary available.

Cash Shortfall? - Managing Creditors
When you are in a situation where you cannot pay all your current creditors you must start to prioritise who you pay, and when you pay them. If you are a retail business for example; then your suppliers are the most important since without them you have no products to sell. If you have credit terms try to extend them, if not, at least attempt to maintain your existing terms otherwise your cash position will get worse.

Importance of Terms When Buying or Selling A Business
Though the price is an imperative part of buying or selling a business, the terms of the deal are also crucial. This article shows some of the reasons why understanding the terms can help you when it comes to any business transaction.

Opposing a Franchisor’s Motion for a Preliminary Injunction Against a Franchisee
When a franchisee opposes a franchisor’s motion for a preliminary injunction, the court should be made aware of the unique situation of this contractual relationship concerning the franchise agreement.

There Is No Right Or Wrong
Learning to "let it be" is one of life's toughest challenges. We see things in terms of right or wrong because that is how we are brought up and how society keeps itself in check, but there is a cost for seeing things in these terms. There is also a way we can let it go and enjoy the calm that comes with letting go of judgement.
Popular SEO Terms – Recap of Some of the Abbreviation
The definition and brief explanation of common SEO terms used by professionals help website owners to understand them better. There are several such terms which if not explained can cause troubles in communication with SEO professionals.
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