| Contracts for New Businesses
Below you will find contracts for when you start a new business. If you wonder why you should bother with business contracts, think for a moment: whether or not you write down the terms, you will be entering into contracts with other people all the time – with your suppliers, your customers or clients and your employees and /or consultants. In addition, unless you are a one-person business, you will need an agreement with your partners or fellow shareholders on how the business will be financed and managed and how decisions will be taken. Your new business will benefit because professionally drafted contracts will: - protect you in your dealings with other people;
- give your business a professional, established image when you use standard terms for buying and selling goods and services;
- help you meet legal requirements, in particular with regard to employees and the regulatory and tax authorities.
If you need something that is not listed here, have a look in the alternative contract collections indicated or use our search facility. We can also supply custom contracts for you - see the Legal Services section. |
Related contract collections:
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| A107 |
Shareholders Agreement Template - Two Parties |
£48.00 + VAT |
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Between two individuals who set up a limited company to run a new business in which each of them will have 50% of the shares.
The agreement contains 18 clauses covering such matters as the nature of the company's business, initial share capital, profits policy, details of initial directors, arrangements for meetings and day to day conduct, bank accounts, auditors etc. There are also provisions dealing with matters that require the consent of both parties, default and deadlock provisions if the two shareholders fall out. Useful as a basic document. Also see our Checklist for Shareholders Agreement in Miscellaneous Documents. For a three party form of shareholders agreement, see Document A166
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| A108 |
Heads of Agreement Contract Template |
£33.00 + VAT |
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Between three individuals proposing to set up a new company in which each of them will be a shareholder and a director.
This is a summary document with 14 paragraphs over 4 pages setting out the initial agreement of the parties. It covers formation of a company, initial capital, profits policy, first directors, management, matters requiring unanimity, bankers, deadlock and non-competition. There is provision for a formal shareholders' agreement to be entered into later.
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| A109 |
Loan Agreement Contract Template (to a limited company) |
£30.00 + VAT |
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Simple agreement for a loan to a limited company in connection with its business, repayable with interest over a fixed term.
A straightforward form of contract with 14 clauses covering amount of the loan and initial drawdown, interest, repayment and prepayment, warranties from the borrower, information to be provided to the lender during the loan, undertakings of the borrower and provisions in the event of borrower's default.
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| A112 |
Appointment of a Consultant Contract Template |
£35.00 + VAT |
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A general purpose form of letter for appointing an individual as a consultant to provide services to a company over a limited period in return for a fee - either fixed or calculated by reference to hourly/daily rates.
The 15 paragraphs in this letter can be adapted for a great number of consultancy appointments - particularly useful for short-term appointments where a consultant is engaged for a few months on a particular project. The letter deals with the scope of services, duration and timing, facilities to be provided to the consultant, reporting, fees and payment, confidentiality and copyright.
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| A113 |
Consultant Standard Terms of Business Contract Template |
£35.00 + VAT |
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For use by a professional consultant setting out the standard terms and conditions in dealings with clients.
Designed as a set of standard terms for use by a consultant when submitting a proposal to a client, these terms could be used by a wide range of consulting firms, from engineers to PR consultants. They are reasonably balanced and contain 11 main clauses covering the scope of services, duration, fees and expenses (by reference to a separate quotation/contract), information and approval, standard of care, intellectual property, liability (with alternative clauses), termination etc.
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| A120 |
Conditions of Sale |
£43.00 + VAT |
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Standard terms and conditions of sale which may be adopted by a company for the sale of its products.
This is a fairly comprehensive set of standard conditions with 16 main clauses covering price, delivery, payment, property and risk, storage and installation, guarantees, liability, force majeure etc... These conditions are drafted in favour of the seller and include some language suitable for cross-border sales.
The file contains a package of documents consisting of the Conditions of Sale and explanatory notes, together with a duplicate set of Conditions in a format suitable for provision to customers by inclusion in quotations, invoices or otherwise. |
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| A129 |
Standard Terms & Conditions For Purchase of Goods & Equipment |
£47.00 + VAT |
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Suitable for use by a company when placing orders for goods and equipment.
The package includes a form of Purchase Order (incorporating the Terms and Conditions) and explanatory notes.
While reasonably balanced, these conditions are designed from the purchaser's perspective and are intended for general use by a company when placing orders for goods and equipment. There are 15 clauses covering such matters as acceptance of order, quality and description, inspection and testing, delivery, rejection, seller's warranties, payment, variations, installation, risk and ownership, and an indemnity clause. We anticipate that the terms and conditions, once finalised, would become a standard printed document for use by a purchasing department. |
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| A137 |
Purchase Order (including Terms & Conditions) |
£35.00 + VAT |
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With terms and conditions annexed; a short form for use by a business when ordering goods.
Our template purchase order is accompanied by a single page of terms and conditions designed for use by a buyer of goods. This is a simplified version of document A129 running to only 9 short clauses dealing with quality and description of goods, delivery, seller's warranty, payment, variations and title.
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| A145 |
Equipment Hire Agreement |
£40.00 + VAT |
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This agreement relates to the hire of equipment where one party, the owner, hires out equipment to another party, the hirer. The agreement is reasonably straightforward with 10 clauses covering the obligations of both owner and hirer, delivery, payment terms, termination etc. |
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| A148 |
Partnership Agreement (2 partners) |
£48.00 + VAT |
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The Partnership Agreement is suitable either for the establishment of a new partnership or for formalising an existing partership where there are only two partners. It deals with partnership capital, profits and losses, drawings by partners, conduct of partnership business and decision-making including provisions relating to deadlock. There are 24 clauses, which cover such further matters as accounts, holidays, insurance, retirement and expulsion of partners, the consequences of termination and dissolution as well as restrictions on partners |
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| A149 |
Partnership Agreement (3 partners) |
£50.00 + VAT |
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The Agreement is suitable either for the establishment of a new partnership or for formalising an existing partnership of three partners. It deals with partnership capital, profits and losses, drawings by partners, conduct of partnership business and decision-making. There are 24 clauses, which cover such further matters as accounts, holidays, insurance, retirement and expulsion of partners, the consequences of termination and dissolution as well as restrictions on partners. |
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| A150 |
Partnership Agreement (4 or 5 partners) |
£50.00 + VAT |
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The Agreement is suitable either for the establishment of a new partnership or for formalising an existing partnership. It deals with partnership capital, profits and losses, drawings by partners, conduct of partnership business and decision-making. There are 24 clauses, which cover such further matters as accounts, holidays, insurance, retirement and expulsion of partners, the consequences of termination and dissolution as well as restrictions on partners. |
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| A153 |
Appointment of Sales Consultant |
£35.00 + VAT |
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Suitable for use by a company that wishes to appoint an individual to provide services as a self-employed consultant promoting the products sold by the Company in return for agreed fees and expenses (and, perhaps, commission on sales). The Consultant is not an agent and has no authority to make sales on the Company’s behalf.
The agreement is prepared in the form of a letter to be issued on the company’s notepaper and countersigned by the consultant.
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| P101L |
Licence to Occupy Offices |
£40.00 + VAT |
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This licence to occupy offices agreement template is designed to create a licence of business premises, i.e. a relatively flexible, short term agreement of less than 6 months where the licensee does not have a right of exclusive occupation and does not get the same protection as a tenant of business premises under English law. |
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| P109L |
Rent Deposit Agreement |
£32.00 + VAT |
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This document is designed for use with a lease, where a rent deposit is paid to the landlord by the tenant and the deposit is placed in a bank account and held on trust by the landlord for the tenant. The landlord can use the deposit if the tenant defaults but otherwise the deposit must be returned to the tenant at the time specified in this document and the tenant is entitled to the interest earned on the deposit account. |
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