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What is a business? The simplest definition of business is the exchange of goods and services at a given cost between two or more entities. Wherever two or more parties are involved, chances of conflict are there. A way to avoid and handle disputes in business is the contracts or agreements. A business agreement is a document (contract) used by corporations to lay a solid legal foundation for their relationship with terms and conditions, durations, and costs.
Types of Business Agreements
These legal documents have a long history starting from 1259 B.C. as a peace treaty between ancient Egypt and the Hittites. Magna Carta is another famous document that laid the foundation for modern human rights. Agreements had vital roles in peacemaking, forming land rules, and governing governments. In the contemporary world, agreements run businesses and industries. Business agreements have more than 100 types. Among these, some frequently used areÂ
- Amendments.
- Bill of sale.
- Service Agreement.
- Franchise Agreement.
- Employment Agreement.
- Non-disclosure Agreement (NDA).
- Non-compete Agreement.
- Partnership Agreement.
- Lease Agreement.
- Purchase order.
Components of Business Agreement
Here are some key components that are common and included in all kinds of agreements.Â
1. Offer/proposal: This form the base of a contract. What is the subject of trade, and its expected price?
2. Mutual Consideration: What are the benefits of trade for both parties?
3. Payment: It includes details about the transaction made, such as the mode of payment, the partial or total amount paid, and the conditions for further compensation.
4. Competency: It includes terms and conditions about the delivery of products or services and a clause for termination/continuation of the agreement.
5. Acceptance: This is the legal acceptance of the terms and conditions of service availed. It includes both parties’ signatories and marks the contract’s initialization.
Other than these five key components, all business agreements contain basic information like data and the time (of creating, signing, and starting the business), binding parties’ names, and how & where to deal with any legal obligations.
Pre-designed Business Agreement Templates
A business agreement indicates that included parties traded something valuable with agreed terms and conditions. Undoubtedly, business contracts are legal documents, and we all know legal documents are complex to draft. They need research, knowledge, precision, and an enormous amount of time. Here we are sharing sample business agreement templates to help you curate these intricate documents with ease. Let’s explore these PPT designs now!
1. Business Service Level Agreement And Management Process Template
Before starting to draft any legal document, we need to understand the complicated process. This sample design will work as a standard operating procedure (SOP) document for you and your team to draft business agreements. Use the research done by our team in designing this template to understand the complex process in an easy way. Get it now!
2. One-page Business Partnership Agreement Template
One-pager documents are the best way to present a business agreement as they are compact and concise. They are easy to handle and get most of the information to the reader’s eye in one view. This one-page sample business agreement will lay the groundwork for your upcoming corporate venture. You can include crucial details, such as partnership agreement, overview, retirement or termination of partnership, etc., in a single document. Get this PPT design now!
3. One-page Business Consulting Agreement PPT Template
Consultants are professionals with extensive industry experience and can help your business grow exponentially. Hiring consultants and getting into a legal partnership with them is an inevitable part of enterprises. Entailing the vital components of a consulting agreement, this one-page design will help you craft a neat business agreement to seal the deal. Grab it today!
4. One-page Business Consulting Agreement Template
Consulting firms help your business grow with their industry understanding, providing advice (wherever required) and getting the right resources, people, and business strategy. All these benefits make them an essential part of running your business successfully. This one-page presentation template will give you an idea about what things to take care of in a business agreement while dealing with seasoned professionals. It includes six essential components of an ideal consulting agreement. Grab it now!
5. One-page Business Agreement Presentation Template
The trickiest business agreements are the amendments in a pre-signed contract. Why are these tough to handle? The most straightforward reason is that you need to make the other parties aware or recall the background of the business without violating terms & conditions or breaking the contract. This sample template will help you solve this problem and handle the business agreements like amendments with a breeze. Get it now!
6. One-page Business Agreement Presentation Template
Business agreements are like two-in-one security for your business. They are safe vaults, and they are insurance for your business deals. These documents protect business contracts from getting broken, and in case any deal gets damaged, they provide legal coverage for it. Draft a comprehensive business agreement with the help of this one-page PowerPoint template to make your deals safe and insured. Get it today!
7. One-page Business Partnership Agreement Template
Partnerships are an unbeatable hack for getting your business successful in a short time. They open unlimited opportunities for both parties, like expanded loyal customer base, cross-selling, branding, etc. Like friendship between two people, corporate partnerships cannot be left on the trust of spoken words. They need legal documents like business agreements to thrive. Use this one-page business agreement template to forge an unbreakable partnership arrangement and let your joint venture thrive for decades. Get it now!
8. One-page Business Service Agreement Template
Products and services are the lifeblood of businesses. These are revenue generators, and companies must protect their business relationships with legal backup. Use this one-pager to curate a business agreement to bind and protect your services with legalities. This consolidated layout has sections and a table to fill in the related details. Get this PPT design today!
9. Bi-fold Business Partnership Agreement PowerPoint Template
Bi-fold templates are extended versions of your one-page documents. While they are not as concise as the latter, they are illustrative and easy on the eyes & brain of the reader. This bi-fold design is a sample of a Business Partnership Agreement Presentation Template that will help enterprises present their venture deal in an elegant manner to potential partners. Get it now!
10. Bi-fold Business Loan Agreement PPT Template
One thing that is utmost essential to growing an idea into a trade and also a motive behind running a business is money. Investors and banks are two options to get your hands on the required capital in a short time. Whatever the way, money matters are complicated and risky to handle, especially without legally signed documents. This bi-fold PPT design will help you draft a loan agreement and save you from getting into trouble in the future. Use this sample business agreement template to write an intelligent, easy-to-understand loan contract. Get it now!
Final Words
Businesses are pushing their boundaries into the digital world almost in every matter but are struck on paper and pen with legal documents like business agreements. These PPT samples are your chance to break this notion and set new standards for drafting e-business agreements that are easy to prepare, handle, sign, store, and present, if required. All Business agreement templates proposed above are shareable as editable PDFs, JPEGs, PNGs, and other file formats. If you want us to draft a new personalized business agreement, you can reach our Presentation Service team with the required information.
Get these designs today and make e-business agreements the new normal.
P.S. Managing business is not that easy, especially without strategic planning. These one-page strategic management templates will help you ace the business management with ease!
FAQs on Business Agreements
1. What are the 3 types of agreement?
Business agreements are legally binding contracts between two entities that show that included parties are agreed to all terms and conditions mentioned in a document for initiating the business. There are more than 100 types of business agreements based on their uses. Broadly, they all can fall into these three categories:
- Fixed-Price agreements, also known as lump-sum contracts.
- Cost-plus agreements, also called cost-reimbursable contracts.
- Time and material agreement.
2. What is a business agreement called?
Business agreements are legal documents stating that two or more parties agree to exchange goods and services or form a venture as business partners. It also enlists the roles & responsibilities, terms & conditions, and other legal requirements or policies regarding a fair business.
3. What should a business agreement include?
A business agreement is a legal document that should include the following information:
- Business generalities.
- Operation Procedures.
- Ownership/transaction/payment details.
- Decision-making process.
- Liability/deliverables.
- Terms and conditions/legal policies.
- Dispute resolution.
- Business dissolution/exit strategy.
4. Who needs a business agreement?
Business agreements are required whenever two or more individuals or organizations want to conduct business with each other. For example, a business agreement is needed to get services from vendors, hire an employee, form business partnerships or ventures, take loans from investors, etc. Agreements are legal evidence of business conduct and fulfillment (if already done) or promises of fulfillment.
