Regarding contract

[adeel168]

Hi ,

Just wanted to find out that I applied for Tier 1 entrepreneur PSW route. I provided a contract, business statement & an invoice. On the contract there was no end date for contract as that contract is still on going, instead it was stated that the contract could be terminated by either party by giving one month notice . Is this alright or do they require end date for contract

Thanks

[sky_rise]

Hi ,

Just wanted to find out that I applied for Tier 1 entrepreneur PSW route. I provided a contract, business statement & an invoice. On the contract there was no end date for contract as that contract is still on going, instead it was stated that the contract could be terminated by either party by giving one month notice . Is this alright or do they require end date for contract

Thanks

it depends on the nature of the business and terms

[adeel168]

We are providing business management services to our client who's got outlets across UK. We provide managememt services / IT services etc. And our contract is still going on -

[adeel168]

So u think is it alright not mentioning end date or duration of contract as its as.per requirement of our client , when he needs our services...

[sky_rise]

So u think is it alright not mentioning end date or duration of contract as its as.per requirement of our client , when he needs our services...

as long as you can specify the exact services the firm provides and there is a price for that - should be fine

[aces1234]

hi

[Jabs]

Guys,

A contract doesn't have to be a complicated legal document, it's merely your company's terms and conditions, you can a have separate schedule with deliverables and payment terms, and/ or for that matter details on an invoice will be more than sufficient - and some services are perpetual and don't need to have an end date but could have a termination clause for both parties.

Aces1234 - Obtain or prepare simple contract terms for your business, many are available of the internet, same with an invoice template.

If you can acquire some business before submitting your application then that would be great but if you don't then no need to worry. However, make sure you get the documents ready, as mentioned above.



I hope this helps.

[adeel168]

Thanks jabs...

[sky_rise]

Guys,

A contract doesn't have to be a complicated legal document, it's merely your company's terms and conditions, you can a have separate schedule with deliverables and payment terms, and/ or for that matter details on an invoice will be more than sufficient - and some services are perpetual and don't need to have an end date but could have a termination clause for both parties.

Aces1234 - Obtain or prepare simple contract terms for your business, many are available of the internet, same with an invoice template.

If you can acquire some business before submitting your application then that would be great but if you don't then no need to worry. However, make sure you get the documents ready, as mentioned above.



I hope this helps.

good advice.

[aces1234]

Thanks Jabs

[aces1234]

As it