oboloo Glossary

General Consulting Agreement

oboloo Glossary

General Consulting Agreement

A General Consulting Agreement is a key component of any business relationship that involves the provision of advice, services or expertise. It defines the framework, roles and responsibilities of both the consultant and the client, ensuring clarity and understanding around the goals and expectations of each party. It often includes the scope of services to be provided, payment terms, confidentiality commitments, end dates, termination clauses and more. In essence, this agreement ensures that everyone involved in the consulting process knows exactly what is expected of them and what outcome they should strive for. With a General Consulting Agreement in place, businesses can confidently engage in consultancy relationships with clear goals and expectations that must be met – leading to successful outcomes for all involved.