Hillyer McKeown, a North Wast law firm, is advising new and start-up businesses on how to ensure that they are paid in full and on time for their goods and services. The solution, the firm says, is in the fine print.
“Here the devil really is in the detail,” said Steve Harvey, partner and head of Hillyer McKeown’s commercial department. “It is absolutely critical that businesses draft, issue and enforce the right set of terms and conditions. “This involves covering every aspect of the supply process, including timings, pricings, minimum quality levels, quantities and when to expect the invoice.”