What are Commercial Transactions?
A commercial transaction is an interaction between parties in which payment is made in exchange for goods or services (or both). Commercial transactions are at the heart of any business. They are essentially business dealings. And despite your business’s needs and style, you will need a contract when you have to coordinate with another business or individual to attain your business goals.
A contract can take many forms depending on the nature of the business relationship you want to establish. Although the following is not a complete list, Ms. Turjman Zreiqat has experience in preparing the following types of agreements:
- Distribution Agreement (B2B) – an agreement between a supplier and a distributor documenting the terms and conditions for the distributor to sell the supplier’s products in a specific market or territory.
- Supply Agreement (B2B) – an agreement between a supplier and a buyer, detailing the terms and conditions for the purchase and delivery of goods.
- Joint Venture Agreement – an agreement between two or more businesses or individuals who pool together resources to accomplish a specific business goal together.
- Services Agreement – an agreement between a service provider and a client that outlines the terms and conditions for the performance of specific services.
Entering into a commercial deal without a written contract reviewed by an experienced attorney poses a significant risk of contract disputes. That is why it is important that all commercial agreements, whether with your suppliers, service providers, or distributors (to name a few), are properly documented.
The most successful companies can look at the strength of their commercial contracts as a major contributor to their promising outlook. Good, thorough contracts do not just happen; they are the result of a business contract lawyer’s meticulous work and considerable insight.
At Turjman Law, PLLC, attorney Dana Turjman Zreiqat brings the skills honed as a business contracts lawyer from a major international law firm. Licensed to practice in Florida, New York and Washington, D.C., she’s positioned to be a vital part of your team. From the firm’s office in Coral Gables, she takes on the long view for your business.
Answering Your Questions About Commercial Transactions
Commercial transactions are essential for growth, but they can also be intimidating to business owners. It’s very likely you have questions and need answers. Attorney Dana Turjman Zreiqat will provide you with the information you need, tailored to fit your business. However, there are likely some questions that you have:
What types of agreements will my business need?
The agreements that make a difference for your business will likely change depending on many factors, including the type of business you run and the business dealings that you have (or contemplate having) with individuals or companies. You may need to ask yourself several vital questions, such as:
- How will I secure the necessary raw materials?
- Should I expand the sale and distribution of my products to a new territory?
- Would partnering with a particular company in a joint venture help me reach my business goals?
Answering these questions and speaking with attorney Dana Turjman Zreiqat as part of your business planning efforts will illuminate your contractual needs. Once you know that, attorney Turjman will get to work crafting the agreements you need to grow.
Do you need a lawyer to draft business contracts?
Trust is essential to any thriving business relationship. Having well-defined expectations and reaching a mutual understanding of the business dealing encourages trust between parties. A contract is an important instrument not only because it formalizes the “meeting of the minds” of the parties, creating certainty, but it also minimizes misunderstandings and helps prevent future disputes. Contracts also provide protections for the parties.
Terms and conditions, and protective clauses are complicated legal frameworks that many cannot hope to craft on their own. Dana Turjman Zreiqat’s experience with complex corporate contracts taught her to look at the big picture and use that to inform the necessary details of each contract.
Reach Out for Commercial Transaction Assistance
When you are ready to learn more about how to document your commercial transactions, reach out to Turjman Law, PLLC. The firm is ready to get to work for you.
Call 305-701-9187 or send an email using this form.
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