Consultancy Agreement Template Smart Business Box

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Consultancy Agreement
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What is Consultancy Agreement? Consultancy
agreement establishes the right and obligations
between the company and consultant. It is also
known as consulting contract, consulting services
agreement. The agreement minimises the potential
and risk of disputes. The agreement is usually
short term and includes specialised service
sought form an outside vendor who is an expert in
the domain. The consultant is not an employee of
the company and therefore an elaborate contract
needs to be documented for ease of
operations. The consultants could be a sole
consultant or an expert representing a
consultancy company. The agreement needs to
consider the difference in the point of
communication in the agreement. The consultants
background history should be sought before
entering in to the contract. The agreement covers
The parties involved Rights and obligation of
both parties Are of specialisation,
Remunerations Terms of contract Non-disclosure
agreement Payment Contract Duration Termination
term Notice clause Warranties and
indemnities Why Use Consultancy
Agreement? Conditional sales agreement brings
advantage to the buyer as there is flexibility of
using the property or equipment well before
settling the entire payment. Conditional sales
agreement does not come mandatory with the down
payment clause. Depreciation on the equipment as
well as interest expense on business tax can be
deducted under the Conditional Sales
Agreement. How To Use? Fill In The Blanks
Customize Template
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