5 Essential Contracts Every Small Business Needs (With Ready-to-Use Templates)
Introduction
Starting and running a small business comes with risks, especially when dealing with clients, suppliers, and employees. The right legal agreements can protect your interests and prevent disputes. In this post, we’ll cover five essential contracts every small business owner should have—plus, you can download ready-made templates to save time and money.
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1. Client Service Agreement
A Client Service Agreement outlines the terms of your work, including payment, deliverables, and deadlines. This protects both you and your client by setting clear expectations.
Why it’s important:
✔ Prevents scope creep (extra work without extra pay)
✔ Ensures timely payments
✔ Reduces the risk of disputes
➡ Download a ready-made Client Service Agreement
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2. Non-Disclosure Agreement (NDA)
An NDA protects confidential business information when discussing projects with employees, partners, or contractors.
Why it’s important:
✔ Keeps trade secrets secure
✔ Protects client data
✔ Builds trust in partnerships
➡ Get your NDA template now
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3. Independent Contractor Agreement
If you hire freelancers or consultants, this contract defines the working relationship, payment terms, and intellectual property rights.
Why it’s important:
✔ Prevents misclassification (which could lead to legal penalties)
✔ Ensures clear deliverables and deadlines
✔ Protects your business from liability
➡ Download a Freelance Contractor Agreement
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4. Partnership Agreement
Starting a business with a partner? A Partnership Agreement outlines profit-sharing, decision-making responsibilities, and exit strategies.
Why it’s important:
✔ Prevents conflicts over finances and roles
✔ Provides a plan in case a partner leaves
✔ Ensures fair distribution of profits
➡ Secure your Partnership Agreement
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5. Terms & Conditions for Your Website
If you operate online, a Terms & Conditions agreement sets the rules for users, limits your liability, and protects your intellectual property.
Why it’s important:
✔ Protects your content and brand
✔ Reduces legal risks from customer disputes
✔ Ensures compliance with data protection laws
➡ Get a customizable Terms & Conditions template
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Final Thoughts
Without proper contracts, your small business is exposed to unnecessary risks. Instead of starting from scratch or paying expensive legal fees, you can use our lawyer-drafted contract templates to secure your business in minutes.
✅ Browse our contract templates now and build a legally strong business today!