what does commercial terms mean?
so running a service based business and recently got turn down by a possible big client there reason was they were not happy with my . "commercial terms" what does commercial terms actually mean ?
- DEBSLv 79 months agoFavorite Answer
What and how you offer your service. Examples might be: Delivery method; Contracted Price; Payment Terms.
This may give you a better idea: http://www.iberglobal.com/files/2016-2/commercial-...
Note that stating Commercial Terms is extremely generic. It should be followed up by asking what specifically they did not agree with. These type of things are typically negotiated as part of getting to the final contract. To flat out reject you without discussion means they weren't serious about you at all or they don't know what they're doing.
- TavyLv 79 months ago
The way you run your business, contracts, money etc.
- NeverLv 79 months ago
Time to pay? Do you require immediate payment and others give them 30 days or something?
- gLv 79 months ago
Your "general business activity", Chad. If you want to know what activity they disapprove of you'd have to ask.