Eligibility Requirements A Bachelor's Degree. Two years of work experience in contract management or related field. A minimum of 80 hours of CPE/CLP (see our Continuing Professional Education (CPE) Guide for details).
Use these steps to help you get your first consulting contract: Consider your areas of expertise. In order to book a contract, you need to know what areas you can train in. Target companies in your area. Meet with the owner. Prove your knowledge. Get the contract. Ask for a referral and testimonial.
A consulting agreement is a contractual document that describes a working relationship between a business and a consultant providing that company with their services. Other terms that are used to refer to a consulting agreement include: Business consulting agreement. Independent contractor agreement. Freelance contract.
What are the most effective ways to find contract work as a... Define your niche and value proposition. Build and optimize your online presence. Leverage your existing network and contacts. Search and apply for contract jobs online. Pitch and propose your services to potential clients. Negotiate and close the deal.
Contracts Define Your Independent Status This could be helpful if you need to prove consultant status for tax or other financial purposes. This also protects your client. If a company misclassifies an employee as an independent contractor, it can be held liable for fines, penalties, and even class-action lawsuits.
Contracts are a Professional Way to Conduct Business. A contract protects you as an independent consultant and your client as well. Your willingness to bind yourself to a legal independent contractor agreement can often help establish a strong relationship based on your client's confidence and trust.
One of the most effective ways to find contract work as a consultant is to leverage your existing network and contacts. This includes your former employers, colleagues, clients, friends, family, and professional associations.
A consultant does not need to set up an LLC or corporation. You can just file tax and do business as a sole proprietor. However, you may want to consider the possible benefits of the LLC. In some states there is no annual filing requirement or tax on an LLC.
A consulting agreement is by nature a short-term arrangement, and while it could be as much as 1-3 years, your consultant is going to want to move to a new opportunity once the project is complete.