Sales Contract Template
A sales agreement is an essential document when it comes to scaling your product revenue. That’s why we’ve consulted legal experts to create a sales contract template (Word and PDF) to help you secure more deals and grow your business.
Free Sales Contract Template For Download
A sales agreement is an essential document when it comes to scaling your product revenue. That’s why we’ve consulted legal experts to create a sales contract template (Word and PDF) to help you secure more deals and grow your business.
What’s in this template?
- • Goods pricing table
- • Payment terms
- • Delivery and logistics
Download a copy of our free sales contract template
What is a sales contract?
When we reference sales contracts, we’re looking at it in the context of selling and delivering physical goods.
A sales contract is a formal agreement between a seller and a buyer laying out the terms and conditions for which the sale of goods is carried out.
The sales agreement aims to capture information about the types of goods, payment terms, delivery commitments, liability, and of course, signatures from sellers and customers, which make the document legally binding.
DISCLAIMER: We are not lawyers or a law firm and we do not provide legal, business or tax advice. We recommend you consult a lawyer or other appropriate professional before using any templates or agreements from this website.
Get our Sales Contract Template
(Free Samples)
The key to any successful goods business is achieving a level of scale. Your sales contract template is an essential document in your business toolkit that will grow as your business grows. Save yourself the time and legal fees and download our sales agreement sample to use right away.
Click below to get a copy of our template
Why is a sales agreement important?
Product businesses by nature are resource-heavy—in that it often requires a significant investment to source, develop, and distribute goods to buyers.
With such a responsibility, there are implications for not using a sales agreement contract. Let’s look at the three examples below.
1. Record keeping
Tracking product transactions in email and phone communications can get messy quickly. Buyers change their minds, and sellers sometimes make mistakes with quantities or product variations.
Mismanaged orders are a recipe for conflict and lost business.
A sales contract, together with invoices and purchase orders, acts as a point of reference for buyers and sellers, keeping orders consistent on both sides.
2. Cashflow
Sellers will typically have payment terms ranging between 7 and 30 days. As sellers make an investment upfront to develop goods, they’re out of pocket until they receive payment from buyers.
However, some buyers may be consistently late in paying invoices, creating more receivables in your books, and hurting your cash flow.
A good sales contract template will add a penalty fee for late payments to reduce outstanding invoices and improve overall cash flow.
3. Accountability
It’s an exciting time to establish new buyer accounts. New sales mean more revenue and hopefully, repeat business.
However, getting the deal is just the beginning of the relationship. You need to follow through on delivering products that do what you say they’re going to do as a seller.
Using sales agreements will keep you accountable for running a better business. For example, to limit damages, you need quality control measures and robust packaging processes. You’re incentivized to maintain the availability of goods and to deliver the product as quickly as possible to buyers.
Get our Sales Contract Template free download
The key to any successful goods business is achieving a level of scale. Your sales contract template is an essential document in your business toolkit that will grow as your business grows. Save yourself the time and legal fees and download our sales agreement sample to use right away.
Click below to get a copy of our template
How to use a sales contract template to grow your business
You’ve done the hard work of sourcing or producing a quality product. You’ve prospected for new buyers, gone to trade shows, handed out samples, and now you finally have an interest. Congratulations!
However, despite your best efforts, what matters is getting the sale for that first order when it comes down to it.
A signed copy of your sales contract is what represents your business’s most critical function—getting the deal!
You can use the number of signed agreements as one of the core key performance indicators in your business. You can also use your sales contract to forecast future business, which gives you a feeling of certainty and confidence.
What’s more, your sales contract template challenges you to build a lead generation system around securing more signed agreements. This might mean hiring a talented salesforce, improving product quality, investing in advertising, improving logistics, or any other strategies to get more signed condiments landing on your desk.
Then once you have a signed sales agreement, you can start measuring how successful your buyers are. If you’re selling directly to the customer, what type of feedback are you receiving? If you’re selling to a reseller, are they selling your goods successfully? Or do you need to provide them with more support to grow their revenue?
Securing the deal is essential, but maintaining customer relationships is just as important. Use your sales contract template to measure how many buyers you have and your customer’s success.
Frequently Asked Questions
FAQ about our Sales Contract Template
The type of parties involved in a sales contract are sellers, who are responsible for providing the goods, and a buyer (or customer) who buys the products.
A sales agreement will usually capture the name and address of both the seller and the customer.
Sellers and buyers can be individuals or businesses, depending on how each entity is set up.
A sales agreement will usually capture the name and address of both the seller and the customer.
Sellers and buyers can be individuals or businesses, depending on how each entity is set up.
Yes, a sales order is a legally binding contract between seller and buyer.
The seller will send an estimate to the customer, and if the buyer accepts the quote, it’s at this point the seller will send through a sales order or sales contract, which becomes a legally signed contract.
The seller will send an estimate to the customer, and if the buyer accepts the quote, it’s at this point the seller will send through a sales order or sales contract, which becomes a legally signed contract.
Yes, you can. We recognize that the template may need to be adjusted depending on the nature of your dealings. That’s why we’ve made our template in a Word file format so you can go in and modify the document to your liking.
Just note that if you plan on making significant changes to the template, we recommend you seek advice from a layer to make sure you’re covered and compliant.
Just note that if you plan on making significant changes to the template, we recommend you seek advice from a layer to make sure you’re covered and compliant.
Like any contact, a sales agreement may be terminated in the following circumstances:
- Any party breaches the conditions of the contract
- Any party gives written notice to another party based on the agreed notice period
document preview
Sales Contract
Sales Contract
Parties
– This Sales Contract (hereinafter referred to as the “Contract”) is entered into on ______________ (the “Effective Date”), by and between __________________________, with an address of ______________ (hereinafter referred to as the “Seller”) and ______________ with an address of ______________ (hereinafter referred to as the “Customer”) (collectively referred to as the “Parties”).
Goods And Price
– The goods that the Seller is selling to the Customer are enlisted below with their quantities (hereinafter referred to as the “Goods”).
| Good | Quantity | Price per unit | Total Price |
|---|---|---|---|
Price And Payments
– The Seller hereby agrees to sell the Goods to the Customer for an amount of ______________.
– The Seller will provide an invoice to the Customer at the time of the delivery.
– All invoices are to be paid in full at least within thirty (30) days.
– Any balances not paid within thirty (30) days will be subject to a five percent (5%) late payment penalty.
Delivery And Shipping
– The delivery of the goods (hereinafter referred to as the “Delivery”) will be at the location ______________.
– The shipping method will be decided by the ______________ and ______________ will be responsible for the costs of the shipment.
Warranties
– Except as expressly set forth in this Agreement, the Parties acknowledge and agree that the Goods are provided as is.
– Except for the express warranties set forth herein, neither party makes any representations or grants any warranties, express or implied, either in fact or by operation of law, by statute or otherwise, and each party specifically disclaims any other warranties, whether written or oral, or express or implied, including any warranty of quality, merchantability, or fitness for a particular use or purpose or any warranty as to the validity of any patents or the non-infringement of any intellectual property rights of third parties.
Inspection
– Hereby, the Customer acknowledges that it has relied solely on the investigations, examinations, and inspections that the Customer has chosen to make and that the Seller has afforded the Customer the opportunity for full and complete investigations, examinations, and inspections.
Risk Of Loss And Title
– The risk of loss or damage for the goods will be on the Seller until the goods pass upon delivery to the Customer or its designee.
– The Title of the goods will also remain with the Seller until the goods pass upon delivery to the Customer or its designee.
Delay Or Failure To Perform And Force Majeure
– Under no circumstances will the Seller be held liable to the Customer for any delay that may occur, non-delivery or an arising fault of this Agreement that may be due to any labour dispute, shortage in transportation, delay or shortage of materials to produce the Goods, fires, accidents, Acts of God, or any other causes outside Seller’s control. The Seller will notify the Customer immediately upon realization that it will not be able to deliver the Goods as promised. Upon such notice, either Party may terminate this Agreement.
Termination
– This Agreement may be terminated by either party or both Parties at any instant provided that the terminating party provides a written notice of termination ______________ days in advance.
Limitation Of Liability
– Under no circumstances will the Seller be liable for any indirect, special, consequential, or punitive damages (including lost profits) arising out of or relating to this Agreement or the transactions it contemplates (whether for breach of contract, tort, negligence, or other form of action).
Governing Law
– This Agreement shall be governed by and construed in accordance with the laws of ______________.
Amendments
– The Parties agree that any amendments made to this Agreement must be in writing, where they must be signed by both Parties to this Agreement.
– Accordingly, any amendments made by the Parties will be applied to this Agreement.
Severability
– In the event that any provision of this Agreement is found to be void and unenforceable by a court of competent jurisdiction, then the remaining provisions will remain in force in accordance with the Parties’ intention.
Entire Agreement
– This Agreement contains the entire agreement and understanding among the Parties hereto with respect to the subject matter hereof, and supersedes all prior agreements, understandings, inducements and conditions, express or implied, oral or written, of any nature whatsoever with respect to the subject matter hereof. The express terms hereof control and supersede any course of performance and/or usage of the trade inconsistent with any of the terms hereof.
Force Majeure
– The Seller will not be liable for delays in performance or for non-performance due to unforeseen circumstances or causes beyond the Seller’s reasonable control.
Signature And Date
– The Parties hereby agree to the terms and conditions set forth in this Agreement and such is demonstrated throughout their signatures below:
Customer
Name: ______________________
Signature: ___________________
Date: _______________________
Seller
Name: ______________________
Signature: ___________________
Date: _______________________
Related Proposals and Templates
Get our Sales Agreements and Contracts for Free
The key to any successful goods business is achieving a level of scale. Your sales contract template is an essential document in your business toolkit that will grow as your business grows. Save yourself the time and legal fees and download our sales agreement sample to use right away.
Click below to get a copy of our template
