We always recommend you use a well drafted and comprehensive Consulting Agreement with all your clients – it will give you better legal protection and show you are a professional operator. This is the full terms of agreement for your consulting services, formalising your consulting proposal. Forward-looking business strategy consulting services that will help drive a sustainable advantage, increase profitability and support achievement of goals for your business. It is a good idea to have Professional Indemnity/Liability Insurance to protect your business against claims that the professional advice or services you provided as a consultant were negligent and caused your client loss or damage.
International Business Advisory Helping business with inbound and outbound opportunities. "Had I been able to access 'one session' with Matthew when I started out, it would have shaved two frustrating years off my journey into the Supply-Chain. Well done Matthew, you're saving people a lot of valuable time." We know you have something special 澳洲 税务架构 to offer the Defence industry in Australia, but you haven’t been able to present your business in a way that cuts through yet. Have not been profiled as – while they deliver engagements through fly-in teams, they do not have an office in Australia. Advance your career and increase your value to clients through IMC certification pathways.

Once a client has agreed a Consulting Proposal, these details can form part of a formal Consulting Agreement. If you just get client agreement to your Consulting Proposal – and don’t formalise a proper Consulting Agreement – you leave yourself open to potential disputes regarding termination, liability, IP ownership, payment schedule, etc. In addition, implement a ‘need to know’ policy to help protect your IP and trade secrets. Not everyone within your client’s organisation needs to know how you carry out your work and what tools and techniques you use. Consider confining access to information to only those people who need to know and, where possible, have them sign a Confidentiality Agreement.
However, all partners together are personally responsible for business debts and actions against the Partnership. And each partner is individually liable for debts incurred by the other partners. This means you have unlimited liability, unlike a Company structure. Designed for business owners who are the sole proprietors of their companies, this structure doesn’t give you much protection if things go wrong. Your personal assets are unprotected from any claims arising from your business.

This breadth of specialisation means we are able to leverage extensive experience and industry insights and apply them to your organisation’s transformation journey. As a team of trusted advisers, the BDO consulting team are focused on helping you grow revenues, manage your cost base, and realise more value from your strategic assets. Years of engaging, collaborating, experimenting and succeeding have made us the authority in marketing and sales into Defence in Australia.
We understand the wealth, security and lifestyle you seek depends on how well your business performs. It is essential that every business has a brand and a online presence that effectively communicates their key messages. Vanessa Emilio is the Founder and CEO of Legal123.com.au and Practice Director of Legal123 Pty Ltd. Vanessa is a qualified Australian lawyer with more than 20 years experience in corporate, banking and trust law. For example, if an error or omission occurs in the course of your work and that error or omission causes a financial loss or injury to your client, then they can can sue you for damages. Professional Indemnity Insurance is intended to cover such claims.
The combined experience, skills and knowledge we bring to each project will be invaluable to your business. Legal123 Pty Ltd is an Incorporated Legal Practice registered with ASIC. Information and templates sold on Legal123.com.au are not legal advice. Use of this website is subject to the Disclaimer and Terms & Conditions. If you choose to pursue any of these options make sure you have a well written agreement that protects your interests. You should also talk to your accountant as there may be tax due on the value of the shares issued – in which case, options or warrants may be a more tax-effective way of being remunerated.

Meanwhile, our cross-industry insights and privileged access to Microsoft will help inspire innovation to create great digital futures for your employees, customers and partners. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Our team provide a myriad of solutions backed up with practical help for managing the unique challenges of business and personal wealth.
Whatever the size or experience of your business, there’s a growing need to better understand the international business environment. Most organisations may be hesitant to push into international markets, fearing it may be too risky, complicated or ambitious. Think of us like the GM marketing and sales for your business, bringing you knowledge and experience that you don’t currently have in your team. Startups are often short of cash funds and are willing to trade consulting services for a share of their equity. Some consultants are willing to take the “risk” of this form of payment – others stay well clear. You need to have a signed Consulting Agreement with your client that includes a ‘Limitation of Liability’ clause.

For this reason, upon joining the Institute, members agree to abide by the Institute's Code of Professional Conduct. Achieving long-term success requires proactive advice and support that’s tailored to your goals and circumstances. We have recently purchased an established business and having"Tim has been very helpful. Tim has provided good solid advice as well as been a great support." Digital marketing has levelled the playing field between start-ups and large corporates. The right strategy implemented correctly will allow your business to scale as required.
Again, if you choose to pursue any of these options make sure you have a well written agreement that protects your interests and ensures you get paid. Avoid disputes by having a clear Agreement that specifies the services to be performed and outputs to be delivered. However, this alone will not ensure that you are legally considered a consultant. There are other factors that will be considered in determining whether you are an employee or consultant. Your Consulting Agreement should clearly state, and require your client to acknowledge, that neither you, nor your employees if any, are or will be the client’s employee or agent.
Typically a Consulting Engagement Letter is less formal and less comprehensive than a Consulting Agreement. It can be initiated by either the client or the consultant and be agreed by email. Is is normally a short letter for discussion before an agreement or terms are presented – and should include confidentiality provisions. But if you have no proof of a contractual agreement, your terms may be invalid and not able to be relied upon to protect you. You need to have a signed Consulting Agreement with each of your clients – this is the most important document you should use as a consultant. Click on any of the questions below to jump to that section of this legal guide.