Different Types of Consulting Contracts

Different Types of Consulting Contracts

The five most common used contract-types in the consulting industry are: time-and-materials, fixed-fee, fixed-fee-percent-complete, retainer, and not-to-exceed. Learn the differences between them and the two most popularly-used types in this episode of our “Building A Practice” series.


  • The 5 most common types of contracts in professional services
  • How to stay out of trouble 
  • Why T&M isn’t all it’s cracked up to be!
  • AND so much MORE!!!

If you enjoyed this video, we have a lot of other blogs and videos you’ll love. And if on the flip side you happened to hate this video (we sure hope not), that’s OK too! Like we said, we have lots of other blogs, podcasts and videos that you are sure to enjoy!

At ForeIQ we have a mission to keep the services industry as informed as possible. That’s why we’re proud to offer an entire library filled with valuable resources, like eBooks, guides, templates, industry reports, quick-sheets, infographics, and more!

Want to know more about ForeIQ? Wondering if our tool is right for your consulting company? This 4-video series with founder Patrick Fuller tells the story of ForeIQ’s development, how it impacted his business, and how you can adopt it into yours.

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