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Service Agreement basics

Your business is going to provide services to another business. A Service Agreement can be your foundation. Or maybe you've hired another business to provide services. It doesn't matter if they'll be repairing your air conditioning or consulting on strategy. You need to make sure everyone's agreeing to the same terms. Signing a Service Agreement can make it go smoothly.

Use the Service Agreement document if:

  • Your business will be providing services for a business or individual.
  • You will be contracting with a business to receive services.

Services are a little trickier than products. That's why a Service Agreement is so important. After all, you usually know what you're getting when you're buying a product. But service isn't tangible. Sometimes it's even subjective. In those cases, you need to be protected. If your business is getting services, you need to know exactly what will be done. And if you're the service provider? You need to know exactly what's expected of you - and when you'll get paid. You can't depend wholly on someone else's reputation and promises. But when you have a Service Agreement in place, the terms are etched in stone (or paper).

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Sample Service Agreement

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