Consultants often author services contracts to establish agreements with clients. The document discusses key elements that should be included in a services agreement, such as clearly defining the services being provided, time expectations for completion of work, reimbursement for expenses, project objectives, important client contacts, termination clauses, and payment terms. Including all pertinent details can help ensure consultants and clients are aligned and avoid potential future issues.
2. Consultants are experienced
professionals possessing a wealth of
experience in a specific industry
and lend assistance to individuals or
business entities that need their
services. Many persons befitting
this professional category author
services contracts that formulate
the agreements between them and
their clients.
3. Naturally, the specific services performed will
be pertinent to any legal arrangement. That
said, consultant services are not always cut and
dried and must be formally established in a
written contract. In many instances, a
consultant is hired to analyze a particular aspect
of how an entity does business and offer
suggestions regarding how to improve upon said
endeavors. The consultant does not typically
implement such improvements. Ergo, the
consultant should clearly define what their role
to avoid any potential future confusion.
Services Provided
Ross Sanner, Think Growth Consulting
4. Time is of the essence is every profession.
Therefore, it is imperative that consultant and
client reach an amenable agreement regarding
when the consulting services will be completed.
Time Expectations
Ross Sanner, Think Growth Consulting
5. It is not unfair or unreasonable for a consultant
to expect the entity they are providing services
for to reimbursement them or immediately cover
certain expenditures. For example, consultants
that have to travel a lengthy distance might
request remittance for their travel and lodging
costs.
Expense
Reimbursement
Ross Sanner, Think Growth Consulting
6. It is paramount for the consultant to understand and
record their client's exact objectives. Established
specific aims help ensure that all concerned parties are
the same page and share similar goals.
Project Objectives
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The consultant will be working with and reporting to
specific individuals within the entity in question. The
names, titles and other contact information for all
pertinent representatives should be established and
entered into any official record.
Important Contacts
7. Ross Sanner, Think Growth Consulting
No party expects to be forced to terminate an
agreement. However, certain circumstances
might arise in which the respective entities
cannot agree and wish to part company. Ergo,
termination clauses should clearly and
descriptively detail how each party can legally
end the professional arrangement.
Termination
Clauses
8. Ross Sanner, Think Growth Consulting
Last but certainly not least, all consultant
services agreements should contain specific
information regarding how the client will remit
payment for services performed. Important
matters to clarify include the specific amount of
total fees and a pay cycle detailing how often
payments should be made.
Payment
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THANKS FOR
READING
Ross Sanner, Think Growth Consulting