The SLA-Ready workshop, held on October 19, 2016, in Madrid, aims to promote the effective use of Service Level Agreements (SLAs) in the EU private sector, enhancing transparency and trust among cloud service customers and providers. Key elements discussed include the development of a common reference model for SLAs, addressing challenges faced by SMEs, and providing tools and resources to support informed decision-making regarding cloud SLAs. The initiative emphasizes the importance of standardization and best practices to foster a reliable cloud environment.