Service and warranty policies business plan

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As a business owner looking for ways to stoke interest in your product or service, you might have overlooked an inexpensive yet effective differentiating tool: a warranty. Many business owners might consider a warranty or a guarantee, two terms that are used interchangeably, as more of a matter left to their legal team. And to be sure, since a warranty is essentially a contractual agreement that the good or service you are selling will be of a particular quality and without defect, it behooves you to get some legal advice about it, says Enrico Shaefer, the founding attorney of Traverse Legal in Traverse City, Michigan. The truth is that when you do sell something, you are actually already offering something called an "implied" warranty, which really means that there is some expectation about the quality of the product or service your customer is going to receive, Shaefer says, something that is detailed in Article Two of the Uniform Commercial Code , a set of laws enforceable in most states. For instance, when you buy an ink pen, you can expect that it will work when you try to write with it or, with a car, that it will start and drive when you turn the key.
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Service Plans

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Service Plans – Warranty Processing Company

New from BizMove: Video Guides to Boost Your Business Management Skills Here's a collection of results driven video guides to help sharpen your business skills while increasing your chances of success as a business manager. In building a pathway to profit you need to consider the following question: What business am I in? What services do I provide? Where is my market?
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AA Service Plans

Section 7. The system uses the UDCs for the system, the assembly, and the part to identify a particular position within the equipment. Enter a number that identifies the original document, such as a voucher, invoice, or journal entry. On entry forms, you can assign the document number or let the system assign it using the Next Numbers program P Examples of original and matching documents are:.
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A service plan is a contract to purchasers of products for an additional fee. While service plans resemble extended warranties , there are several important differences between the two, often cited by retailers that sell them. A service plan is a separate policy from the manufacturer's warranty. While the typical service plan does require preventative and routine maintenance to be taken in accordance with the manufacturer's warranty, it does not actually require a product to fail or malfunction under the same conditions. Service plans are also active from the date of purchase, unlike extended warranties, which become active when the manufacturer's warranty expires, meaning products can be purchased with service plans that is before or at the same time as the manufacturer's warranty.
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