Terms of Trade Policy Course
The Terms of Trade Policy defines the terms of trade a business will give a customer. In addition, determines the circumstances when the payment of the sale is expected to be received. This policy refers to the terms of trade, not the conditions of sale. Many businesses combine the terms of trade with the conditions of sale on the back of invoices in small print. Therefore, different customers call for different terms. Most of all, there is a better chance of employees following the business’s vision due to the rules defined in a policy.
Advice from the QLD Government Business website: “Sending a clear message to customers about when and how you expect to be paid will help you manage cash flow and maintain good customer relationships.”
Course Topics Include:
- The basic criteria for writing any policy with procedures
- the specific language and tone of the document
- the structure of the policy
- A step by step guide to create a unique policy with procedures to suit your business
- The importance of meetings to monitor the policy and customers
- An agenda template
- A Terms of Trade Policy template for an example of the final document
1 hour Online Video Lecture Course – 7 lectures
Downloadable resources included in the course: Terms of Trade Policy template, list of basic requirements needed to prepare a policy with procedures, meeting agenda
Course Cost $82.50 Enrol in Terms of Trade Policy Course
Download the course content document to get a description of all the lectures
Companion Courses for the Terms of Trade Policy
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