Contracts and SOWs

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Do I Need an Independent Contractor Agreement for Consulting?

By MBO Partners

Independent contractor agreements are a written record of the agreement between consultant and client. Not only do they provide legal protection, but they also create a sense of professionalism, encourage communication, and ensure an efficient and streamlined process to complete the project. Contracts can be as long or as short as you need. Taking the…

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How to Bid on Consulting Projects and Win

By MBO Partners

If you run your own independent business, you likely know that writing proposals and bidding on projects is an integral part of your job. However, the formal Request for Proposal (RFP) process can be filled with tedious details that can feel overwhelming. Due to the complexity of this process, it’s important to understand how to best assess…

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Business Startup Costs for Skilled Independents

By MBO Partners

If you want to start your own business and already know the skills and services you want to offer to clients, congratulations—a big part of your upfront work is already done! One of the most important hurdles you will cross when going independent is truly making sure you are ready for self-employment. If you are…

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6 Things to Include in a Contractor Invoice

What is a SOW for Consulting Services?

By MBO Partners

What is an SOW (Scope of Work)? Definition: A Scope of Work (SOW) is a document that defines how a project will be executed through specific tasks, activities, deliverables, and timelines. A SOW also provides important legal protections for both you and your client. While many people associate SOWs with large-company projects, they are equally…

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5 Billing Tips for Contractor Invoicing

By MBO Partners

One of the most important tasks you’ll take on as an independent contractor is tracking and billing your time. Whatever billing method you choose, you’ll want to present a reputable, professional contractor invoice to your clients. Follow these five tips to present a clean, professional invoice to your clients. 1. Set a Billing Policy Creating…

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3 Ways to Calculate Your Billing Rate for Consulting Services

3 Ways to Calculate Your Billing Rate for Consulting Services

By MBO Partners

Calculate your billing rate and find tips to help you evaluate and maintain your consultant salary.

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Consulting Proposal Template and Guide

By MBO Partners

Starting a new business or landing a new client often begins with writing a proposal. Mastering the details of how and when to deliver a proposal to a potential client will help you win new business, find and retain clients, and become an expert in showcasing your skills and abilities. What is a Proposal? A proposal…

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3 Consulting Agreement Templates and Contracts Guide

By MBO Partners

Learn how to write and negotiate the right independent consulting agreement. Learn the key ingredients of a contract, different types of contracts, and mistakes to avoid.

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How to Get Your First Consulting Client 6 Steps

How to Get Your First Consulting Client: 6 Steps

By MBO Partners

Get your consulting business off to a good start by learning the best strategies for finding and getting clients.

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When and How Independent Professionals Should Offer Discounts

By MBO Partners

If you’re looking for a way to boost your business, you may have considered offering a discount on your services. After all, what’s more enticing to customers than a good sale?  But when it comes down to it, is discounting really a smart way to bring in more clients? Unfortunately, unless you are a large,…

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