You'd be surprised how many fraudulent negotiators distribute product illegally to unsuspecting companies in the United States and abroad. Down payments - Check to make sure the amount of the down payment that is written on the contract or agreement, matches the agreed upon amount. Rip off artists are notorious for changing figures. Keep in mind, many contracts will work out and many won't. By setting the duration, you can adjust your business strategy if you run into any problems.
Most contracts run between one and two years.
Usually high priced goods and services require a longer contract duration. Make sure that your contracts always have an expiration date. It's not enough to know the duration. You need to know the exact expiration date so you can have plenty of time to renegotiate terms in the future. You'll find that a great deal of rip off artists will send your merchandise that's smashed, cracked, and broken.