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The consulting agreement is an agreement between a consultant and a client who wishes to retain certain specified services of the consultant for a specified time at a specified rate of compensation.
Protect yourself: Put your guidelines in writing -- and stick by them. Have a very clear discussion laying out your professional boundaries and ask your client to do the same. Come to an understanding about working hours and response times and agree on how you will schedule calls, meetings, and Skype sessions.
Here's a short list of what should be included in every consulting contract:Full names and titles of the people with whom you're doing business. Be sure they're all spelled correctly.Project objectives.Detailed description of the project.List of responsibilities.Fees.Timeline.Page numbers.
What should you include in a consulting contract?Receitals and Background. The recital clause is the opening section of the consulting agreement.Scope of Services.Ownership of Intellectual Property.Compensation, Expenses, and Schedules.Dispute Resolution.Termination of Services.Methods of Communication.Confidentiality.More items...?
Key ingredients of a consulting agreement or contractA consulting contract should offer a detailed description of the duties you will perform and the deliverables you promise the client. The agreement may also explain how much work you will perform at the client's office and how often you will work remotely.