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Essential Contracts Every Small Business Should Have

2025-02-25 5 min read
Business Law — Essential Contracts Every Small Business Should Have

A written contract isn't a sign of distrust — it's a tool that protects both sides of a business relationship by making expectations clear from the start. Here are the agreements we most often recommend to small business clients.

Client or Customer Service Agreements

These outline scope of work, payment terms, timelines, and what happens if either party wants to terminate the relationship. Clear service agreements reduce payment disputes significantly.

Non-Disclosure Agreements (NDAs)

If you're sharing sensitive business information with employees, contractors, or potential partners, an NDA helps protect trade secrets, customer lists, and other confidential information.

Vendor and Supplier Contracts

Clear terms around pricing, delivery, quality standards, and remedies for non-performance protect you from supply chain disruptions and unexpected cost increases.

Partnership or Operating Agreements

If you have co-owners, a written agreement covering ownership percentages, decision-making authority, and what happens if a partner wants to leave is essential — even between friends or family members.

Employment and Independent Contractor Agreements

Clearly defining the relationship, compensation, and expectations helps avoid misclassification issues and sets a professional tone from day one.

Have Questions About Your Situation?

This article is for general informational purposes and is not legal advice. Every situation is different — reach out for a free initial consultation on many case types.