(08) 9317 7300

Business Tips

Written Agreement versus A Handshake Agreement


In today’s legal and complex business environment it is no longer astute, nor legally practical, to consider doing business on the strength of a handshake agreement. It must be followed up by a written agreement to ensure that all parties clearly understand the terms, intent and obligations of all parties involved in the agreement.


A handshake agreement that is not followed up by a written agreement, allows all parties the opportunity to change the terms later or get out of the deal completely.



Read this interesting article for more insight into the perils of a handshake agreement.





Article Categories

Latest Articles

Stay updated

Subscribe to the Baggetta newsletter to stay updated with regular industry and company news.

Establised 1989. Over 25 years. Advice you can rely on.

Is it time for a change?

For more information about the services we provide, or to find out if you are eligible for a free no-obligation consultation, call us now on 9317 7300.

The information provided on this website is for general guidance only and is no substitute for professional advice. It should not be used as a substitute for legal, business, accounting, tax, financial planning or other professional advice.