Having an agreement template helps to negotiate payments because the party supplying the template can use his own terms as a starting point for the negotiation, explains Pay Simple. If the other party suggests the terms, they may be less favorable.
Having a pre-made agreement template also allows negotiations to get off to a quick start. A small business or individual receiving an agreement template is likely to accept the terms or at least accept them as the basis for the negotiation. Even with a pre-made agreement template, it is important to have any agreement reviewed by an attorney, notes Pay Simple.