Vending Machine Contract vs Vending Machine Agreement | What’s The Difference? 🤔
Автор: Rayzo Qu
Загружено: 2021-10-11
Просмотров: 10168
Learn the difference between a vending machine contract and a vending machine agreement. Both are used interchangeably when attempting to acquire new vending machine locations, however, truthfully they are two separate document types and should be used in different scenarios.
⭐️Key Definitions:
Vending Proposal: Utilized to explain your business purpose and its operations. As well as the services provided, and benefits for the location.
*Note: Good proposals should include the benefits, maintenance schedule, products list, and an about us.
Vending Agreement (Verbal vs Documented): A verbal agreement has no paperwork involved and is as it sounds, a conversational verbal yes to place your vending machine on location.
A documented vending agreement is paperwork between you and the location. All terms, expectations, and length of time you will service the location are all decided upon while completing the agreement with the location decision-maker.
Vending Contract: This is a more legally binding document and may cause locations to get a lawyer or attorney involved. Contracts are more set in stone and generally do not include the preferences of the decision-maker. Generally, contracts are created prior to arriving on location as everything from the length of time of service to the rights of the service if the service were to be canceled are determined by the vending machine operator without including the location decision-maker in the details.
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Review Each Section of the Vending Agreement To Ensure Clarity
Modify Any and All Sections of the Vending Agreement According to Your Business Operations
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