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Did you ask lots of questions last time you bought a TV?
'When there is a lot of money at stake, as consumers we usually invest some time in checking the details, so why don't we always apply that same mindset when it comes to our businesses?'
Sub-contractors are needlessly risking their future income by not having their contracts properly vetted.
Through our Contract Vetting service, Quantum CPM already works with hundreds of sub-contractors across the UK to help them understand what their contracts entail and challenge them for more favourable terms. Despite the low cost of the service, however, substantially more sub-contractors in the construction sectors are yet to realise the benefits and could be doing more to protect their businesses.
To put it into perspective... did you study and trawl over the spec of your last TV before you bought it? Bet you did - and that you made sure you knew precisely what the shop was selling you and what you were buying!
Ask yourself this though. Did you check the terms of the last business contract you signed with as much diligence? If not, why not? Surely when committing your business to a transaction of many thousands of pounds it is essential to know what the deal involves!
That's why professional Contract Vetting is so important - and it is a service that can cost less than you think.
Contract Vetting has many benefits, not least making sure that sub-contractors know what they are getting in to and giving them an opportunity to negotiate something more favourable.
Many of Quantum CPM's clients have also found that challenging contracts after they've been vetted ultimately helps them win more work with their customers. This is because many contractors like the fact that their sub-contractors have spent time reading the scope of the contract and are so engaged with it from the outset.
'Go into a contract blindly without an understanding of what terms and conditions you are agreeing to is a huge financial risk. You'd be annoyed with yourself if you bought a television and it wasn't as good as you were expecting, just as you would if you bought a new house without getting a survey and it ended up being plagued with problems. Yet it seems that many sub-contractors blame others for ripping them off. So why not take control and avoid jeopardising your future income for the sake of a low-cost professional review of the contract that's in front of you?'
Find out more about Quantum CPM's Contract Vetting service here, call 0161 974 6655 or email .