What is a Professional Service Agreement (PSA)? Professional Service Agreements are legally binding documents between two parties: the service provider and the client. These agreements outline the expectations, deliverables, timelines, and other essential aspects of a business relationship. Why are PSAs Important? Outlining the scope of work, deadlines, and quality standards helps avoid misunderstandings and…
As a business owner, it’s important to have a solid understanding of the various types of small business contracts that you may need to use in the course of running your business. It’s important to have quality contracts in place to protect your interests. But what does it cost to have a lawyer draft these…
I had the opportunity to be in a mastermind last weekend, and we were talking about various different issues in regards to business. The topic of ways you can lose your business came up. There are factors that you really need to pay attention to, that will really make all the difference in your business. …
Cannot count how many times I have encountered clients with contracts that are worthless. I am often approached by business owners who have prepared or signed contracts which they thought would protect them but did not.Whether it is promissory notes, purchase agreements, service agreements, or anything else that requires a commitment, I can always tell…