Common Types of Business Contracts: What You Need to Know
Common Types of Business Contracts: What You Need to Know
Published date: July 10, 2025
🕒 Reading time: 5 minutes



❓What are business contracts and why are they important?
Business contracts are legally binding agreements between two or more parties. They set clear expectations, outline responsibilities, and protect everyone involved if things don’t go as planned. Whether you’re hiring a freelancer, selling a product, or entering a partnership, a written contract helps prevent disputes by documenting the terms. Using a contract management platform like ROGER can make the process of creating and managing these documents much easier and more secure.
❓What are the common types of business contracts?
There are several types of contracts you might use to run your business smoothly. Each serves a specific purpose, depending on the relationship or transaction. Some of the most common types include:
Service Agreements – For hiring or providing services
Sales Contracts – For buying or selling goods or services
Employment Contracts – For hiring permanent or full-time staff
Contractor Agreements – For working with freelancers or independent contractors
Nondisclosure Agreements (NDAs) – To protect confidential information
Partnership Agreements – To define terms between business partners
Lease Agreements – For renting property or equipment
Each contract helps define roles, protect interests, and minimize legal risks. With ROGER, you can easily manage all of these contracts in one place, from creation to e-signature to renewal.
❓What is a service agreement?
A service agreement is used when one party provides services to another, such as consulting, design, marketing, or software implementation. It outlines the scope of work, timelines, payment terms, and what happens if either side wants to end the agreement. If you're offering or hiring services, a clear service agreement protects both sides and keeps expectations aligned. Without it, you're at risk of misunderstandings or payment issues.
❓What are business contracts and why are they important?
Business contracts are legally binding agreements between two or more parties. They set clear expectations, outline responsibilities, and protect everyone involved if things don’t go as planned. Whether you’re hiring a freelancer, selling a product, or entering a partnership, a written contract helps prevent disputes by documenting the terms. Using a contract management platform like ROGER can make the process of creating and managing these documents much easier and more secure.
❓What are the common types of business contracts?
There are several types of contracts you might use to run your business smoothly. Each serves a specific purpose, depending on the relationship or transaction. Some of the most common types include:
Service Agreements – For hiring or providing services
Sales Contracts – For buying or selling goods or services
Employment Contracts – For hiring permanent or full-time staff
Contractor Agreements – For working with freelancers or independent contractors
Nondisclosure Agreements (NDAs) – To protect confidential information
Partnership Agreements – To define terms between business partners
Lease Agreements – For renting property or equipment
Each contract helps define roles, protect interests, and minimize legal risks. With ROGER, you can easily manage all of these contracts in one place, from creation to e-signature to renewal.
❓What is a service agreement?
A service agreement is used when one party provides services to another, such as consulting, design, marketing, or software implementation. It outlines the scope of work, timelines, payment terms, and what happens if either side wants to end the agreement. If you're offering or hiring services, a clear service agreement protects both sides and keeps expectations aligned. Without it, you're at risk of misunderstandings or payment issues.
❓What are business contracts and why are they important?
Business contracts are legally binding agreements between two or more parties. They set clear expectations, outline responsibilities, and protect everyone involved if things don’t go as planned. Whether you’re hiring a freelancer, selling a product, or entering a partnership, a written contract helps prevent disputes by documenting the terms. Using a contract management platform like ROGER can make the process of creating and managing these documents much easier and more secure.
❓What are the common types of business contracts?
There are several types of contracts you might use to run your business smoothly. Each serves a specific purpose, depending on the relationship or transaction. Some of the most common types include:
Service Agreements – For hiring or providing services
Sales Contracts – For buying or selling goods or services
Employment Contracts – For hiring permanent or full-time staff
Contractor Agreements – For working with freelancers or independent contractors
Nondisclosure Agreements (NDAs) – To protect confidential information
Partnership Agreements – To define terms between business partners
Lease Agreements – For renting property or equipment
Each contract helps define roles, protect interests, and minimize legal risks. With ROGER, you can easily manage all of these contracts in one place, from creation to e-signature to renewal.
❓What is a service agreement?
A service agreement is used when one party provides services to another, such as consulting, design, marketing, or software implementation. It outlines the scope of work, timelines, payment terms, and what happens if either side wants to end the agreement. If you're offering or hiring services, a clear service agreement protects both sides and keeps expectations aligned. Without it, you're at risk of misunderstandings or payment issues.
❓What is a sales contract?
A sales contract outlines the terms for selling goods or services. It typically includes the product details, price, delivery timeline, and payment terms. If you’re selling or buying anything significant, having a sales contract in place helps avoid disputes over what's being delivered, when, and for how much. You can use tools like ROGER to create repeatable sales contract templates that keep your deals moving efficiently.
❓When should you use an employment contract?
If you're hiring someone, especially as a long-term employee, an employment contract lays out the terms of their role. It usually includes salary, job duties, working hours, benefits, and termination clauses. As an employer, this document protects you and your employee by setting clear expectations from day one. For streamlined onboarding, ROGER can help you standardize employment contracts and manage them digitally.
❓What’s the purpose of a contractor agreement?
A contractor agreement is for short-term or project-based hires, like freelancers or independent contractors. It defines the scope of the work, timelines, payment, and deliverables, but doesn’t create an employer–employee relationship. If you're hiring a contractor, this agreement helps avoid confusion around taxes, benefits, and liability. It also clarifies who owns the work produced. With ROGER, you can track contractor agreements and keep everything in one place.
❓What is a nondisclosure agreement (NDA) used for?
An NDA protects confidential information shared between parties. Whether you're discussing a new idea, sharing trade secrets, or giving a vendor access to sensitive data, an NDA ensures they can’t disclose or misuse that information. If confidentiality is key to your business, NDAs are an important part of your toolkit. ROGER makes it easy to sign NDAs quickly, so your information stays protected.
❓How does a partnership agreement work?
A partnership agreement outlines the terms of a business relationship between two or more partners. It typically covers each person’s contributions, profit-sharing, roles, responsibilities, and exit strategies. If you're going into business with someone else, this contract helps prevent conflicts by making sure everyone’s on the same page. Having your partnership agreement stored and accessible in a platform like ROGER helps you reference and update it as needed.
❓What is a lease agreement in business?
A business lease agreement is used when you rent property or equipment. It details the terms of the lease, such as duration, rent amount, maintenance responsibilities, and renewal options. Whether you're leasing office space or specialized equipment, this contract protects both parties and outlines what to do if there’s damage or early termination. Keeping lease documents organized in ROGER helps avoid confusion and ensures timely renewals or updates.
❓Why should you use business contracts in your operations?
If you're working with clients, employees, suppliers, or other third parties, having a clear contract in place helps prevent misunderstandings and protects you legally if something goes wrong. Contracts ensure that all parties are aligned from the start, minimizing disputes and making it easier to enforce rights if needed.
Using a contract management platform like ROGER can streamline the process of creating, managing, and tracking these agreements. With templates, approval workflows, and smart fields, ROGER allows you to keep your documentation consistent and compliant, so you can focus on running your business with confidence.


❓What is a sales contract?
A sales contract outlines the terms for selling goods or services. It typically includes the product details, price, delivery timeline, and payment terms. If you’re selling or buying anything significant, having a sales contract in place helps avoid disputes over what's being delivered, when, and for how much. You can use tools like ROGER to create repeatable sales contract templates that keep your deals moving efficiently.
❓When should you use an employment contract?
If you're hiring someone, especially as a long-term employee, an employment contract lays out the terms of their role. It usually includes salary, job duties, working hours, benefits, and termination clauses. As an employer, this document protects you and your employee by setting clear expectations from day one. For streamlined onboarding, ROGER can help you standardize employment contracts and manage them digitally.
❓What’s the purpose of a contractor agreement?
A contractor agreement is for short-term or project-based hires, like freelancers or independent contractors. It defines the scope of the work, timelines, payment, and deliverables, but doesn’t create an employer–employee relationship. If you're hiring a contractor, this agreement helps avoid confusion around taxes, benefits, and liability. It also clarifies who owns the work produced. With ROGER, you can track contractor agreements and keep everything in one place.
❓What is a nondisclosure agreement (NDA) used for?
An NDA protects confidential information shared between parties. Whether you're discussing a new idea, sharing trade secrets, or giving a vendor access to sensitive data, an NDA ensures they can’t disclose or misuse that information. If confidentiality is key to your business, NDAs are an important part of your toolkit. ROGER makes it easy to sign NDAs quickly, so your information stays protected.
❓How does a partnership agreement work?
A partnership agreement outlines the terms of a business relationship between two or more partners. It typically covers each person’s contributions, profit-sharing, roles, responsibilities, and exit strategies. If you're going into business with someone else, this contract helps prevent conflicts by making sure everyone’s on the same page. Having your partnership agreement stored and accessible in a platform like ROGER helps you reference and update it as needed.
❓What is a lease agreement in business?
A business lease agreement is used when you rent property or equipment. It details the terms of the lease, such as duration, rent amount, maintenance responsibilities, and renewal options. Whether you're leasing office space or specialized equipment, this contract protects both parties and outlines what to do if there’s damage or early termination. Keeping lease documents organized in ROGER helps avoid confusion and ensures timely renewals or updates.
❓Why should you use business contracts in your operations?
If you're working with clients, employees, suppliers, or other third parties, having a clear contract in place helps prevent misunderstandings and protects you legally if something goes wrong. Contracts ensure that all parties are aligned from the start, minimizing disputes and making it easier to enforce rights if needed.
Using a contract management platform like ROGER can streamline the process of creating, managing, and tracking these agreements. With templates, approval workflows, and smart fields, ROGER allows you to keep your documentation consistent and compliant, so you can focus on running your business with confidence.
❓What is a sales contract?
A sales contract outlines the terms for selling goods or services. It typically includes the product details, price, delivery timeline, and payment terms. If you’re selling or buying anything significant, having a sales contract in place helps avoid disputes over what's being delivered, when, and for how much. You can use tools like ROGER to create repeatable sales contract templates that keep your deals moving efficiently.
❓When should you use an employment contract?
If you're hiring someone, especially as a long-term employee, an employment contract lays out the terms of their role. It usually includes salary, job duties, working hours, benefits, and termination clauses. As an employer, this document protects you and your employee by setting clear expectations from day one. For streamlined onboarding, ROGER can help you standardize employment contracts and manage them digitally.
❓What’s the purpose of a contractor agreement?
A contractor agreement is for short-term or project-based hires, like freelancers or independent contractors. It defines the scope of the work, timelines, payment, and deliverables, but doesn’t create an employer–employee relationship. If you're hiring a contractor, this agreement helps avoid confusion around taxes, benefits, and liability. It also clarifies who owns the work produced. With ROGER, you can track contractor agreements and keep everything in one place.
❓What is a nondisclosure agreement (NDA) used for?
An NDA protects confidential information shared between parties. Whether you're discussing a new idea, sharing trade secrets, or giving a vendor access to sensitive data, an NDA ensures they can’t disclose or misuse that information. If confidentiality is key to your business, NDAs are an important part of your toolkit. ROGER makes it easy to sign NDAs quickly, so your information stays protected.
❓How does a partnership agreement work?
A partnership agreement outlines the terms of a business relationship between two or more partners. It typically covers each person’s contributions, profit-sharing, roles, responsibilities, and exit strategies. If you're going into business with someone else, this contract helps prevent conflicts by making sure everyone’s on the same page. Having your partnership agreement stored and accessible in a platform like ROGER helps you reference and update it as needed.
❓What is a lease agreement in business?
A business lease agreement is used when you rent property or equipment. It details the terms of the lease, such as duration, rent amount, maintenance responsibilities, and renewal options. Whether you're leasing office space or specialized equipment, this contract protects both parties and outlines what to do if there’s damage or early termination. Keeping lease documents organized in ROGER helps avoid confusion and ensures timely renewals or updates.
❓Why should you use business contracts in your operations?
If you're working with clients, employees, suppliers, or other third parties, having a clear contract in place helps prevent misunderstandings and protects you legally if something goes wrong. Contracts ensure that all parties are aligned from the start, minimizing disputes and making it easier to enforce rights if needed.
Using a contract management platform like ROGER can streamline the process of creating, managing, and tracking these agreements. With templates, approval workflows, and smart fields, ROGER allows you to keep your documentation consistent and compliant, so you can focus on running your business with confidence.
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