Business contracts for services are formal and legally binding agreements between two parties, typically a service provider and customer. These contracts serve to outline the terms and conditions of each party’s commitments, as well as how services will be delivered, fees and payment schedules, protection against adversities, compliance requirements, and dispute resolution process. The goal is to ensure that both parties fulfill their obligations in an orderly, effective manner. When drafting a business contract for services, the best practice is to include all relevant details so that everyone involved understands what they’re agreeing to. Doing so will reduce potential issues in the future, ultimately helping business relationships go more smoothly.