Business Contracts
Business Contracts
Business Contracts5 min readFebruary 22, 2026

Service Agreement Essentials: Protect Your Business

Every service provider needs a solid agreement. Here's what to include.


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Service Agreement Essentials

A service agreement defines the relationship between a service provider and client.

Why You Need One

  • Clear expectations - Avoid misunderstandings
  • Legal protection - Reduce liability
  • Payment terms - Get paid reliably
  • Scope boundaries - Prevent scope creep

Key Sections

Services Description - What you will provide - What you won't provide - Deliverables and timeline

Payment Terms - Pricing structure - Payment schedule - Deposit requirements - Late payment fees - Accepted payment methods

Term and Termination - Contract duration - Renewal terms - Cancellation policy - Refund policy

Warranties and Liability - Service guarantees - Limitation of liability - Indemnification

Intellectual Property - Who owns the work - Usage rights - Confidentiality

Common Mistakes

  1. 1Vague scope of work
  2. 2No change order process
  3. 3Missing cancellation terms
  4. 4Unlimited revisions
  5. 5No payment timeline

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