Business Advisory Services Agreement

1Determine Your Minimum Acceptable Rate (MAR) Any freelancer should know where their bottom line is.2Charge Per Project.3Negotiate Based On Their Perception of Value.4Get Them to Name a Price.5Start High.6Give Yourself Wiggle Room.7Seek a Mutually Agreeable Outcome.

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.

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.

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.

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.

The market rate is the average price and range of pricing a typical customer will pay for your type of consulting service. If the average business consultant charges and receives $100 per hour, than the market rate is likely between $50 to $150 per hour.

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.

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.