Vendor agreements are good for your business because take out the guess work between the business owner and the vendor relationship as it outlines clear expectations for the vendor right up front.
If you do a quick Google search you’ll be hit with a ton of free templates. But, like I tell anybody who wants to try their hand at some DIY legal work, it’s not as simple as you might think. Like Dev pointed out in his answer, you can work with a lawyer to customize your agreement so that it really suits your needs. It may be a few bucks up front, but it’ll ensure that you aren’t missing some essential language or key points. None of this will matter until it matters. You don’t want to leave your vendor agreement open for interpretation—especially if you are faced with any sort of litigation.
If you want some more guidance on creating a solid vendor agreement, check out our website at LawTrades. We understand the need for affordable legal services and that is the principal we built our company on. Get in touch if you’d like a consultation with one of our top contract attorneys.