Service Agreement Template Tips and Guidelines
Service agreement is a legal contract that outlines the terms agreed as the part of professional relationships. Service agreement template is often used by service providers, consultants, freelancers, and many others. In this article, we will discuss about how to write it.
How to Write a Service Agreement Template
What to include in writing a service contract template? Firstly, you will have to include the description of the involved parties. In this case, the involved parties include you and your clients. It must be clear about the name and contact details of each party such as address, phone, etc.
It aims to give a context to the relationship of the business. Besides identifying each party, you also need to be clear about what the agreement is for. In this case, you have to state the type of service and any other relevant information about the agreement clearly.
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Secondly, what you have to include in the agreement is payment & billing. It may be that you bill by project, by hour, etc. The terms about billing & payment must be clearly described in this article. It is also important to state how often you will send the invoice.
In addition, the agreement should also describe how long a client will have to pay the invoice. How they should pay must also be explained clearly. If there is a late fee, it must be stated, too. In addition, you may also need to include a charge cap that limits the amount of debt the clients carry.
Thirdly, writing a service agreement form also requires you to put in the terms related to your schedule. You have to know when you are available during the week. It must be clear about the hours and whether you want to work on weekends or not.
As a freelancer, it is possible to work 24/7. However, you also need boundaries. If you include those terms in the service agreement, your client will understand clearly when they can reach you and also when they cannot. That is why you cannot skip it.
The forth detail to be included is termination. In this section, you will need to include the terms which describe how one party is able to terminate the relationship. Anyway, you have to describe and explain about it as detail & clear as possible in this kind of agreement.
Last, your service agreement needs to provide a dispute resolution, too. In any relationship of business, the parties may have different ideas on something. Hopefully, this can be solved by acting in a good faith. Sometimes, you will need to go for mediation where a third party can help you in many things.
So, the agreement will be reached between you & your client. It is sometime faster & even cheaper than resorting or litigation. After everything is complete, you still need to review the service agreement template. If you want the samples, you can find them easily on internet.
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