Top 3 Contracts That Will Protect Your Online Shop
To keep your online shop running smoothly, it's important to have the right legal agreements in place to protect your business and your profits. Here are the top three contracts you need to have in order to keep your online shop safe and secure:
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2. Terms of Purchase
The Terms of Purchase govern the sale of goods and services on your website or online shop. You need one whether the products you sell are digital or physical. They set out the rules and regulations that apply to the purchase of your products or services. This is important because it ensures that both you and your customers understand the terms of the transaction, and helps to avoid any misunderstandings or disputes.
Important clauses that are covered in a Terms of Purchase include your refund and chargeback policies, shipping terms or delivery of goods, intellectual property ownership, and non-delivery of goods among others.
By having these three contracts in place, you can be sure that your online shop is protected from potential legal risks.
To make your entrepreneurial life exceptionally easy, we have templated these three and dropped them into a special Black Friday Bundle.Access the Bundle for E-Commerce shops with physical products Access the Bundle for shops with digital products like templates and courses
If you have any questions about these contracts, or need help drafting them, be sure to speak with an experienced business lawyer.Happy Selling!