A term sheet is basically a quote and a commitment toward the quote. It is usually offered by the solution provider and provides the terms and the prices under which they will offer the solution to you.
A term sheet consideration is the reverse. It is the pricing barrier provided by you, the customer to the solution provider and say, this is what I am willing to pay.
This short video explains why it is important.
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This page was last updated on September 1, 2022.
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