Contracting is at the heart of business development. Any business firm interested in outsourcing any of its functions looks for good sources and secures its interest through commercial contracts.
Documenting the business arrangements and for a consistent standard of transactions, appropriately worded contracts add security and value to the business. In line with SMEDA's mandate to facilitate Small and Medium Enterprises sample contract forms for various business-to-business activities have been developed by 'SMEDA Legal Services'. The purpose of these Business-to-Business Commercial Contract templates is to provide SMEs, Service Providers, Companies, and Firms with information pertaining to the requisite format and content of a Business-to-Business Commercial Contract.
The information contained in the templates is meant to be of practical use, in order to enable the legal service providers and SMEs to enhance their awareness of contractual liabilities arising from business transactions, increase their capacities with reference to documenting business transactions, and improve business opportunities. Entrepreneurs interested in enhancing their understanding of the nature and form of a commercial contract can also use these templates.