⚖️ Why Use These Terms of Business?

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For Consultants & Freelancers

Essential for independent consultants, freelancers, and contractors providing B2B services. Protects against scope creep, late payments, and liability claims while establishing professional boundaries under the Supply of Goods and Services Act 1982.

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For Service Businesses

Perfect for agencies, professional services firms, and B2B service providers of all sizes. Ensures clear payment terms, intellectual property ownership, and limitation of liability compliant with the Unfair Contract Terms Act 1977.

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Legal Protection & Compliance

Incorporates essential provisions for GDPR compliance, confidentiality, professional indemnity limits, and dispute resolution. Meets requirements for late payment interest under the Late Payment of Commercial Debts Regulations 2013.

📚 Official Resources & Legal References

💰 Late Payment Interest Rights ⚖️ Supply of Services Act 1982 🔒 ICO GDPR Guidance 📋 Unfair Contract Terms

Terms Builder

📅 Effective Date

Terms Effective Date * Date when these terms come into effect

🏢 Service Provider Details

Company/Trading Name *

Company Registration

VAT Number

Registered Address *

Contact Email *

Contact Phone *

⚙️ Service Details

Type of Services *

Service Description *

Industry Sector

💰 Payment Terms

Standard Payment Terms *

Late Payment Interest Rate (%) Bank of England base rate + this percentage

Deposit Required (%) 0 for no deposit requirement

Billing Frequency

Minimum Engagement Value (£)

🛡️ Liability & Insurance

Liability Cap

Fixed Liability Amount (£)

Professional Indemnity Cover (£)

Public Liability Cover (£)

📋 Contract Terms

Notice Period for Termination (days)

Confidentiality Period (years) Years after termination

Non-Solicitation Period (months) 0 for no restriction

Governing Law

✅ Additional Provisions

Client owns all IP created

Expenses reimbursable (with approval)

Subcontracting permitted

Variations must be in writing

GDPR compliance included

Mediation before litigation

Force majeure clause

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Terms of Business

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📝 Note: These terms of business are professionally drafted for UK service providers. The Word export allows full customisation for your specific industry requirements and service offerings.

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