business contracts

Print “We had two companies. One was the parent, the other a subsidiary. We transferred projects, invoiced each other, shared services – everything was handled informally. Then came a tax audit. Suddenly, all that trust-based cooperation turned against us. No contracts, no documentation, and now we faced penalties and tax assessments.” Many entrepreneurs operate through […]

Print “We needed to meet the deadline, so we hired a subcontractor. Everything was fine—until he stopped responding and delivering. The client threatened us with a penalty, and we were running out of time. We had a contract with him, yes—but no deadlines, no penalties, nothing enforceable. Total disaster.” Working with subcontractors is common in

Print “We completed the job as agreed—on time and with quality. But the client told me they would withhold 20% of the invoiced amount as retention, just in case defects appeared. It wasn’t in the contract. He said that’s just how he does business. It didn’t feel right at all.” Retention is commonly used in

Print “It was in the contract. Clearly stated: if delivery is late, a 50,000 CZK penalty applies. The delivery was late. When I enforced the clause, they claimed it was excessive, unenforceable, just a formality. We ended up arguing longer than the project took.” A penalty clause is often the only effective way to make

Print “We signed a contract. Everything seemed fine. I delivered the goods, sent the invoice—and then silence. No payment, no reply. When I followed up, they claimed the contract was invalid and the delivery shouldn’t have happened. I had emails, they had nothing to say. And I started wondering: what can I actually do?” Non-fulfilment

Print “We’ve been working together for two years. The conditions changed—price, delivery, even deadlines. We agreed to ‘confirm it in writing’. I sent an email, they replied. Only when a dispute arose did we realize the change was never valid—because the amendment hadn’t been formally signed.” Change is a natural part of business. But a

Print “Each month, we signed a new order. Again and again—the same conditions, same prices, same contacts. Then came a dispute. They claimed they hadn’t promised anything. I pulled out emails and attachments. That’s when I realized—if we had had a proper framework agreement, everything would have been simpler.” Entrepreneurs often make repeated individual agreements

Print “I signed a contract with a private person. I sent the invoice, we agreed over email. A few weeks later, they wrote back saying they’re cancelling the contract. They claimed they had a 14-day right to withdraw. And that I hadn’t informed them. I didn’t understand—this was a regular commercial deal, right?” One of

Print “I found a termination template online. Just filled in the name, ID, and date. I sent it to the other party—and they replied saying the termination was invalid. They claimed the contract was for a fixed term and I had no right to end it. Apparently, I should’ve read it more carefully before signing.”

Print “We just wanted to end the cooperation. The agreement was signed, but there was no termination clause or notice period. That’s when the threats, legal arguments, and confusion began. Apparently, we couldn’t just walk away. Apparently, we were tied until year-end. Apparently, we had signed off on that.” Contracts between entrepreneurs, whether you call