As a business owner, you most likely know the importance of getting everything in writing. However, when it comes to drafting legal documents, you should pay particular attention to the language in them. What seems apparent to you, may be interpreted entirely differently when reviewed by experienced contract lawyers. More importantly, you may find yourself disappointed when it comes to contract disputes.
As experienced Ocean County contract lawyers, the Law Offices of DiFrancia & Price P.C. drafts contracts in compliance with New Jersey statutory and regulatory requirements. Our goal is to give you peace of mind while you are busy with your business pursuits.
The term contract is broad-based and covers a number of types of agreements. Contracts are essential for all business aspects beginning with the business formation. For example, consideration should be given to partnership, shareholder, or operating agreements. Additionally, contracts should be executed to formalize business succession or sales, when asset or stock purchase agreements are required.
When else are contracts necessary? Anytime your business offers goods or services you should have a signed contract outlining your agreement. In that case, the purpose of a contract is to protect your business and make sure you are paid in accordance with your expectations.