Independent Contractor Agreements: Complete Guide – UK (2025)
Published: September 2025Last Updated: September 2025 Key Takeaways Independent Contractor Agreements: A legally binding written agreement between a business and an individual or company, setting out the terms under which work is completed by the contractor rather than an employee. Also called a freelance contract or consultancy agreement. Purpose: To define the work relationship, payment […]
Independent Contractor Agreements: Complete Guide for Small Business Owners – US (2025)
Published: September 2025Last Updated: September 2025 Key Takeaways Box ✅ Proper classification is critical. Misclassifying employees as contractors triggers severe penalties ✅ Every agreement needs six core elements: identification, scope, payment, IP, confidentiality, and termination terms ✅ Clear scope of work definitions prevent disputes and scope creep that damage relationships ✅ Intellectual property assignments must […]
Professional Service Agreements: Comprehensive Guide for Small Business Owners (2025)
Published: 20 September 2025Last updated: 20 September 2025 Key Takeaways Use a written service document for every job Define the scope of services with clear deliverables and limits Set fair payment terms and late interest Cap liability and set smart indemnities Protect data and confidentiality with simple rules Nail IP ownership and licenses […]
Sale and Purchase Agreement: Comprehensive Guide for Small Business Owners (2025)
Sale and Purchase Agreements – Key Takeaways Every purchase agreement must include six core components: parties, price, assets, closing terms, warranties, and contingencies Due diligence before signing is your only chance to verify everything. Once signed, the agreement controls your rights Tax implications can significantly impact deal economics. Structure the transaction with tax […]
Asset Purchase Agreement: Complete Guide for Small Business Owners (2025)
Key Takeaways ✅ Asset purchases let you acquire business value while avoiding most historical liabilities—but certain obligations like environmental and wage claims may still transfer ✅ Success requires detailed asset schedules and explicit liability exclusions—vague language is your enemy ✅ Due diligence must cover both assets you’re acquiring AND liabilities you’re avoiding—surprises are expensive ✅ Purchase price allocation affects […]