The return of Glasgow Tech Week feels like the right moment to talk about the unsung hero of successful business relationships, the contract. A well constructed one can act as the “pre-nup” for professional relationships, defining obligations, who owns what, covering worst-case scenarios and outlining exit plans. However, find yourself a few years down the line without one outlining who is entitled to do what and when, and you could end up paying professional “alimony” for something that could easily have been avoided. Understanding the importance of the contract, particularly in a software-as-a-service (SaaS) relationship, is crucial. Our team here in Glasgow advises both sides of the SaaS relationship; the businesses buying tools to grow, and the providers building them. Here is what tends to matter most to both parties.
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GM @OrangeTVNetwork. Professor @NewhouseMND. Living kidney donor. Fan of all things fuzzy, except when those fuzzy things are spiders.
