Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
Take note: Federal law now makes electronic contracts and electronic signatures as legal and enforceable as those on paper. Consider what advantages e-contracts might have for your business. Some companies will be able to conduct their business entirely online, often with great savings.
If you start using e-contracts, you have to let customers know whether paper contracts are available and what fees might apply for the paper agreements.
Proceed with caution. The law does not define what an electronic signature is, and e-signature technology is still evolving.
Visit the Web site of the American Bar Assn., or www.nolo.com, for more information.
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.