Many different situations can lead to a business sale or purchase. A company's owner or partner may want to transfer ownership through a business succession plan. An entrepreneur may want to purchase a business that is already in full operation rather than start their own business from the ground...
Does your SaaS Agreement Encourage Low-Friction Deals? Is it Tailored to the Service you Provide?
SaaS services require a substantially different customer agreement than on premise software. In a SaaS environment you control the code so issues like defining the scope of your service, customer support, license model, data security and limitations of liability are far more important than ensuring a customer uses more IP than they have licensed.
Good, low-friction SaaS templates tailor these terms to your service, anticipated customer demands and allocation of business risk. For example, a license for gaming software that does not store personal identifying information (PII) will focus far less on privacy, security and limitations of liability than a license for budgeting software that stores financial data and PII.
Let Us Create and Then Negotiate Your Custom SaaS Agreement
These core terms (and others) in your SaaS template can and should be tailored to your SaaS service. We are expert at this, will ask the right questions to get you there and then help you negotiate appropriate risk and reward with customers and vendors.
In the age of Google for legal research and LegalZoom for quickie contracts, it can seem as if hiring an attorney is an unnecessary business expense. But the adage "you get what you pay for" can be true when it comes to do-it-yourself internet legal solutions. Sometimes, there's no substitute for consulting a legal expert that can tailor your technology business solutions and safeguards. Hiring outside counsel to anticipate legal risks and protect your technology business can save you money in the long run.
In tech, we’ve all faced incomprehensible contracts, dense customer agreements, and software-as-a-service (SaaS) licenses that take three hours to read. There is a better approach. In this blog, we’ll explain why keeping all of your legal agreements in simple, understandable language will make your customers happier and your business more productive.
SaaS Fundamentals- Key Terms for your Agreement Before you can offer SaaS services, you need a SaaS agreement. This document will spell out the terms and conditions for how your customers will and won't use of your service. SaaS is markedly different from the old business model of perpetual on-...