What is a Service Contract?

by Craig Anthony

0 min read

A service contract is an agreement where a contractor, freelancer, or consultant details the time, effort, and expertise he or she will provide in exchange for compensation. Though small businesses working with freelancers or contractors may be tempted to make a deal with a simple handshake, it is very wise to have a service contract placed in writing. An agreement written and signed by both parties legally solidifies the responsibilities of both sides, which can be important if disagreements arise. A well-written service contract includes details about who is supposed to do the work, what type of work is being done, when it needs to be completed, and the cost.

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