What is a Consulting Agreement Template ?
A consulting agreement template, also known as a consulting contract, is a written agreement that details the services that a consultant or independent contractor would provide to a customer. It guarantees that the contractor is adequately compensated for their services and specifies rates so that the client understands exactly what they will be spending.
It is advised that a consultant have this contract before providing services to your company in exchange for monetary compensation. If you are the customer, you should also have this agreement with the consultant who will execute the necessary service for your company.
Why use a Consulting Agreement Template ?
Virtually every project a company brings a consultant on for should be shaped and guided by a thorough consulting agreement. It establishes clear expectations that can minimize the risk of lapses in understanding and communication between clients and consultants.
A consulting relationship is essentially a time-bound partnership, and like any other kind of business partnership, it needs to be as airtight as possible. Clients and consultants can’t work on different wavelengths.
If you — as a client — don’t set clear terms for a consulting engagement, your consultant could wind up working with muddled objectives, operating on the wrong timeline, or carrying out any other activities that might undermine your goals or principles.
Format: Microsoft Word (.doc) (.docx) and Google Docs
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