Terms of Service & Private Policy

All online businesses need a terms of service agreement and privacy policy prominently displayed on their website. Most users ignore them and perhaps wonder whether they’re of any use at all, but all entrepreneurs know their importance.

While the terms of service agreement explains the conditions on which service is being delivered, privacy policy explains to users what will and will not be done with their information.

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Why You Need One

Terms of Service

Every service provider must intimate customers of the terms under which service is being delivered. These are communicated through the terms-of-service agreement, which sets the legal relationships between the user and the service provider. It is vital to have this contract to place limitations on what can and can’t be done with your content. Often used by websites and internet service providers, the agreement is legally binding and subject to change without notice.

Privacy Policy

The Privacy Policy lays down the extent to which a party can use, disclose and manage information regarding its client. It declares a firm’s, company’s or website’s policy on collecting and releasing information about a customer or visitor. The policy should specify what information is collected and whether it is kept confidential or shared with or sold to other firms, researchers or sellers. It is mandatory for e-commerce websites to have a privacy policy on their websites.