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A professional services agreement is established between an individual or company and a contractor offering specific services. Professional services can include various industries like law, electrical work, carpentry, financial advising, and architecture, typically requiring specialized licenses or certificates. In contrast, consulting is generally not classified as a professional service. When hiring a professional contractor or gaining a client, it's essential to create a comprehensive contract. A solid agreement clarifies responsibilities, addresses potential questions, and helps prevent misunderstandings during the business relationship. By the end of this video, a free template will be provided for viewers.
