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Standard service level agreement template – If you are a creative individual who wants to convert your”creative juices” into an earning mechanism then you need to educate yourself by understanding the intricacies of having a business contract. Nowadays, having verbal arrangements when engaging into company customers is no longer functioning as it often results to disagreements and torn relationships. Why do you require a contract in the first place? A written contract can protect you in a variety of ways. For starters, a written contract can help define the scope of work which includes your deliverables in addition to the project timeline.
Secondly, a contract outlines every detail related to money. Payment disputes are a common issue that creatives often face. Apart from detailing just how much you should get for your services, the contract should answer a few important questions, including: if you’re going to receive upfront payment; once you will receive payments; what happens when the project falls through, and if there’ll be late fees and reimbursements for expenses.
A written contract will also decide who gets the ownership of the deliverables. For some kinds of work, the possession is clear cut. But for some works like logos or written articles, the client and the service provider should come into an agreement as to who eventually owns the job. As the service provider, you can choose between two options: assign or give ownership to the client, or grant a permit to the customer while you retain ownership of the end product.
Contracts may also function as a clear guide for both parties when it comes to effecting changes to a job. Sometimes, customers will request changes to the initially agreed upon concept and it is crucial for contractors to spell out the conditions of what counts as additional work and additional charges for the client. Drafting a contract could be confusing – intimidating, even – for a good deal of people. If you don’t have time or money to go to an attorney for contract drafting tips, your next best option is to use a business contract template. Employing a business agreement template, you can simply add the relevant details related to your project. The important thing is that you have an invaluable tool that clearly provides the essentials of your agreement with a client. Check it out the sample of standard service level agreement template at the attachment page.