Consultancy Agreement
In an increasingly flexible employment world, more and more of us work on a consultancy basis. However, any potential and current work undertaken on a consultancy basis requires a consultancy agreement. A strong consultancy agreement for professional services will protect both parties in the business arrangement.
What is a consultancy agreement?
A consultancy agreement allows two parties to engage in a business relationship where one side works as an external consultant. A consultant can be either an individual or a company.
Consultancy services can vary, but often they provide advice that is seen to be expert and helpful. That is often due to their experience and also from their outside, objective viewpoint.
A consultancy agreement will delineate what both sides want from the relationship regarding targets and payment on either side. It may also include a sub consultancy agreement whereby a consultant intends to subcontract out any of the services that they are providing.
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