Well-developed contracts offer you and your business many benefits such as: CBA supporters say the community utility approach improves the development process for the community, developers and local officials by creating a win-win overall scenario. [9] Some of the principles and objectives that CBA supporters want to promote are: The range of benefits offered by a CBA has been widely studied in the scientific literature,[15] as well as at conferences, to raise awareness among developers, local authorities and struggling communities. [16] If your business provides services, it is essential that you have a strong customer service contract. The agreement tells your client what to expect from you, what restrictions apply to your services, how you deal with a disagreement. As a general rule, a strong customer service agreement contains the following clauses: A confidentiality agreement may not seem too important or exciting, but is an important contract for many companies. Executing a confidentiality agreement with staff, independent contractors and business partners will treat important information about your business confidentially. Companies that sell product-based products often require a sales contract between companies. B, for example, a sales contract between a manufacturer and a wholesaler or wholesaler and a retailer. These agreements require very specific details and provisions that involve loss and liability with clauses such as: Companies may need to use a contract to obtain their mutual benefits. Contracts are legally enforceable documents that set out certain objectives and objectives in the economy. Mutual benefits are also found in human resources, where employers and workers can benefit from mutual benefits. In response to these challenges, the CBA model was created in the late 1990s to enable communities most affected by economic development projects to participate in the planning process and ensure that existing communities have development benefits.

[4] For developers, negotiations with community representatives can be an attractive way to get community support and advance their projects. Participation in CBA negotiations can eliminate surprises in the development approval process and allow developers to work with a unified coalition rather than having to involve community organizations one after the other. [5] The “CBAs” of some recent projects have not been accepted as legitimate CBAs by community supporters. For example, the “CBA” for the new Yankee Stadium was not considered a “real” CBA because it was negotiated by elected officials and not by community groups. [10] The agreement contained significant community benefits, such as $28,000,000 in grants and free tickets to local organizations. [18] However, the KBA has not been implemented smoothly. In 2009, the former Community Fund manager sued the Yankees charity, claiming that the fund had been mismanaged. [19] When local governments looked at their responsibility to design models of land development and use, the community benefits movement emerged to challenge conventional thinking and offer a broader vision.