Your dedicated Business Manager at MBO Partners will be your guide as you negotiate the details of your contract.
MBO has a team of experts who have a knowledge and understanding of the industry and the issues that commonly arise when consultants negotiate contracts with their clients. Based on reviewing thousands of contracts and statements of work, they can assist you as you navigate through this process and will make recommendations based on their experience that can protect you and your business.
Issues commonly arise in the areas below:
Indemnity: Compensation for any harm, liability or loss
Intellectual Property: Rights protecting products of human intelligence and creation
Invoice Frequency: How often you should bill your client
Net Payment Terms: How quickly your client should pay a received invoice
Non-Disclosure Agreements: Agreements to not disclose information
Non-Solicitation: An agreement to not solicit employees or customers after the contract has been completed
Non-Compete Clauses: An agreement to not enter into or start a similar profession in competition with your client
Professional Insurance Requirements: Protects independents and companies from bearing the full cost of a negligence claim
Scope of Work: The scope of the project including deliverables, responsibilities, and timeline for your project
Discounts: Reductions to the basic price of services
Sales Tax: Tax paid for the sale of a service
Termination: The right to terminate or cancel the contract
Warranty: An agreement indicating facts and conditions that are true or will happen
If you are referred by an enterprise client to MBO or you come directly to MBO and work with one of our enterprise clients, we can get you to work quickly. Leverage MBO’s pre-negotiated relationships with these clients, thus saving valuable time and effort.
* MBO Associates may receive guidance from a dedicated Business Manager, but are encouraged to contact a dedicated legal or tax professional with specific concerns.