An affiliate agreement is a contract between a business and one or more affiliates that outlines the terms and conditions of their relationship. The agreement outlines the responsibilities of both parties, the commission structure, and any restrictions that apply to the affiliates.
An affiliate agreement is important to small business owners because it provides a clear understanding of the relationship between the business and its affiliates. This can help to avoid misunderstandings and conflicts, and ensure that everyone is working towards the same goals.
Three benefits of an affiliate agreement for small business owners include:
Three practical uses of an affiliate agreement include: