Are Terms and Conditions legally required?
You don’t need to be a lawyer to set them up – although hiring one would be the most sensible thing to do. If you don’t have the funds for that, here are some tipps on how to write perfect Terms and Conditions.
How do I write Terms and Conditions?
Checking out the terms of similar websites selling similar products are a good way to get you started. But please, don’t stop there! Your Terms and Conditions should be as unique as your business. Think about what sets you apart – and then define your own terms accordingly.
What to include:
There is no rule how to set up your terms and conditions. But there are some elements you should include to make them as strong as possible.
- Define your Service or Product
Start with a clear definition of what your business is about. What services do you provide, what products will you sell?
- Set your Payment Terms
Even though most payment terms are included in your invoice, it makes sense to set some general rules about deadlines, late payments or fines.
Do you offer guarantees or warranties? What about third-party liabilities? Be clear about your responsibilities – and where you can’t be held accountable.
Who owns the right to the content on your site? If you distribute pictures, movies or texts: What rights of usage do your clients get?
- Agreement Terms
- Governing Law
One last thing: Don’t use small print!
You don’t agree? Let me know!
P.S. I am no legal advisor, but is my personal ambition to keep your business as safe as possible. This is why MoneyPenny users can attach their Terms & Conditions to any offer our invoice. Try it today!