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Is a quotation a valid contract?

Is a quotation a valid contract?

A quotation becomes a valid contract when both parties accept the terms and conditions and there is mutual agreement. In the hospitality and events industry, this usually takes the form of written confirmation, a signature or the payment of a deposit. Without clear...

What is a non-binding quote?

A non-binding quotation is a price estimate that you, as an entrepreneur, can adjust or withdraw without legal consequences. For hospitality and event companies, this offers flexibility in changing circumstances such as seasonal prices, uncertain supplier costs, or...

What are the legal requirements for a quotation?

In the Netherlands, there are specific legal requirements for quotations that every hospitality and events entrepreneur must be aware of. A quotation must contain mandatory company details, state a period of validity and show correct VAT information. These rules...

How binding is a quotation?

A quotation becomes binding once the customer has accepted it and all legal conditions have been met. This means that both parties have obligations: you must deliver what you have promised and the customer must pay. For hospitality and event professionals, it is...

What is catering invoicing?

Catering invoicing is the process of preparing and sending invoices for catering services that you provide outside your regular catering location. It differs from regular catering invoicing because you have to deal with more complex logistics, different VAT rates and...
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