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Personal Guaranty of Another Person's Agreement to Pay Consultant

State:
Multi-State
Control #:
US-60382C
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This form states that in consideration of and in order to induce the client to enter into a certain Consulting Agreement, the guarantor unconditionally and absolutely guarantees to consultant, the full and prompt payment and performance by the client of all of its obligations under and pursuant to the Agreement, together with the full and prompt payment of any and all costs and expenses of and incidental to the enforcement of this Guaranty, including, without limitation, reasonable attorneys' fees.
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FAQ

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.

Make a list of your areas of expertise. To get the contract, you have to understand what areas you could possible train on. Start with targeting companies where you live. Get a meeting with the owner or a decision maker. Prove your fee is worth it to solve the problem. Make it legal and deliver.

In a nutshell, consultants provide expert opinions, analysis, and recommendations to organizations or individuals, based on their own expertise. They're essentially fixers, serving as objective troubleshooters, and providing strategies to prevent problems and improve performance.

Consultant agreements are important because they outline what work will be done, as well as the terms of the agreement between the client and the consultant. A consultant agreement should be detailed and include compensation terms, contract termination, intellectual property ownership and confidentiality agreements.

A Consulting Services Agreement is a contract - either written or verbal - which sets out the terms and conditions for service between a Customer and a Consultant.

To calculate your consulting hourly rate, determine what salary you'd like to make. Take that number and divide it by 52 (number of working weeks), then again by 40 (number of hours in each week). And finfally, take that number and mark it up by 25 to 50 percent.

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.

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Personal Guaranty of Another Person's Agreement to Pay Consultant