Terms of Business

Last updated: [INSERT DATE]

1. Parties – these terms apply to consultancy services supplied by BSSB Consultancy Ltd to business clients. Our services are not offered to consumers.
2. Scope – the services, deliverables and timetable are set out in the engagement letter. Changes to scope must be agreed in writing.
3. Fees – fees are charged on a fixed-fee, day-rate or retainer basis as stated in the engagement letter. Invoices are payable within [INSERT NUMBER] days by bank transfer.
4. Late payment – we may charge interest and compensation under the Late Payment of Commercial Debts (Interest) Act 1998.
5. Client responsibilities – the client will provide accurate information, access to staff and timely decisions. Our advice relies on the information supplied.
6. Nature of advice – our services are management consultancy. They do not constitute regulated financial, legal, tax or accountancy advice. Decisions taken on our recommendations remain the client's responsibility.
7. Confidentiality – each party will keep the other's confidential information private, except where disclosure is required by law.
8. Intellectual property – on full payment, the client may use the deliverables for its own business. We keep ownership of our general methods, templates and know-how.
9. Liability – our total liability under any engagement is limited to the fees paid for that engagement. We are not liable for indirect or consequential loss. Nothing limits liability that cannot be limited by law.
10. Cancellation – either party may end an engagement with [INSERT NUMBER] days' written notice. Work completed up to the end date is payable.
11. Governing law – these terms are governed by the law of [England and Wales] and the courts of [England and Wales] have exclusive jurisdiction.