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Refund policies are guidelines you employ to give your customers all the required information to receive their money back when they return the purchase to the store. A suitable business policy for small businesses can cover matters like timing for refunds, the manner of handling them as well as the details that customers must give to obtain their money back.

Policies on refunds are essential as they help clients with making purchase choices, as well as increase the trust and transparency of your organization. Learn more about refund and return guidelines as well as a sample of a refund policy.

Take note: The examples we provide of refund policies serve as guidelines to help you start you off. They are not intended to serve as a template for your model for a return policy and is not meant to serve as the legal guidelines.

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