Design Buyer and Seller Agrements
A well designed contract builds trust
These contracts spell out the roles of buyers and sellers, which is signed by each partner, it helps to avoid misunderstandings, clarifies expectations and obligations. A well designed contract builds trust and recognition of inter-dependence between the buyers and the sellers. they ensure that both buyers and sellers understand and fulfill their obligations to the other party, thereby reducing the risk of the partnership collapsing.
A typical buyer-seller contract includes the following:
Non-quantifiable outcomes of buyer-seller contracts
There are non-quantifiable outcomes of buyer-seller contracts that are intangible and difficult to measure or predict. They influence the trust which should underlie the partnership. The possibility of a negative outcome must be addressed in the in the reporting, monitoring and evaluation structure. The performance needs to be carefully recorded and monitored.