In my experience, in their pitch. You’ve heard the adage about salespeople telling a customer, “Of course, we can do that!” to close a sale. But back at the office, they’ll ask their delivery or product team in a panic, “We can do that, right?” In too many cases, they can’t.
A written sales contract is how both sides — prospect and seller — are protected, ensuring that verbal agreements match what’s in writing. Without it, you risk the buyer backing out of the deal or having a potentially litigious client after the deal is done.
The good news is, sales contracts don’t have to be complicated. They need the basics of the deal — the scope of work/product, the conditions of the sale, and, as needed, legal protection if a disagreement between the two parties ever goes to court.
This guide will teach you how to draft an america phone number list ironclad sales contract.
What you’ll learn
What is a sales contract?
Why is a sales contract important?
Where can one use a sales contract?
Sales contract vs. bill of sale
What should I include in a sales contract?
Best practices for drafting a sales contract
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What is a sales contract?
A sales contract is a legally binding agreement between a buyer and seller that outlines the mutually agreed upon terms of a transaction. These written agreements describe the goods, services, or property that will be exchanged, and the payment terms.
Why is a sales contract important?
A well-written sales contract is important because it sets clear expectations for both the buyer and seller and can prevent disagreements down the line. It also limits liability for your business, partners, and vendors.