A manufacturing company like SC FABRICA DE BUCȘE SRL can go through a lot of troubles because of lawsuits and similar problems, but one of the most important pieces of advice we can give you, is to make sure that a contract exists for anything your company doesn’t create just for a customer, in particular if it is a mass production project, with critical components like a bearing adapters or sleeves.
If you do not sign a contract beforehand, it means you will have to make compromises in the way you provide your services, and there are other risks as well. Not having an established contract removes any kind of guarantees given to you by your clients, even if they promised that they will pay you for the whole volume of a project, or a percentage of it. This may lead to a variety of problems for your company, including legal action if you decide to sue them, and even if you consider winning the case, there are always complications to take into consideration. The easiest way to avoid such a situation, is to know exactly what a client is expecting of you, and to secure a written contract. Verbal agreements are made every day in the world of business, but they do not mean anything; even if you have a confirmation for payment in e-mail, a client can easily deny that they agreed to pay you anything, leading to confusion and stress. SC FABRICA DE BUCȘE SRL definitely recommends that you do not go through that, and if a client does not want to establish a contract for a project, we suggest you don’t work for them.
What happens if your rivals are creating a similar product? Your resources should be used wisely while making the product this potential client wants. It is possible that they contacted several other firms, or even that your fierce competitors are working hard to outsmart you and create a better product. In this case, if you do not have a contract for what you’ve produced, you could lose a lot of money on the long run. And not to mention, there is no guarantee whatsoever that you’ve created the right product for a potential customer, so all of your hours worked might be useless without clear specifications. Yes, it is true that some manufacturers will choose to go the extra mile, and give the client a preview of their work. They may even produce a prototype that will allow the customer to test on the real deal whether they are happy with the future modifications of the bearing adapters or sleeves. However, this is a risky decision, when you could get the contract signed in the first place. can someone sue you for money without a contract
For more information on contracts and legal agreements, you can visit USA.gov.
