1. Scope of Services

The Consultant will provide financial review, analysis, and advisory services designed to identify hidden profits, improve cashflow management, and enhance business performance. Services may include reviewing Profit & Loss and Cashflow reports, identifying inefficiencies and profit opportunities, preparing summary reports and recommendations, and providing optional ongoing financial monitoring and coaching support. Specific services, timelines, and fees will be detailed in a separate Proposal or Engagement Letter agreed upon before work begins.

2. Professional Standards

The Consultant agrees to perform all work with due skill, care, and diligence; base findings on information provided by the Client in good faith; provide independent, objective advice; and comply with all relevant UK business and data protection law.

3. Client Responsibilities

The Client agrees to provide timely and accurate financial information, ensure that all data supplied is lawful and complete, review reports and recommendations promptly, and retain full responsibility for all business decisions made based on advice provided.

4. Fees and Payment

Fees will be set out in advance and confirmed in writing. Unless otherwise agreed, the Client will pay 50% of invoiced fees up-front, with the balance payable upon completion and delivery of the report. Late payments may incur interest at 3% above the Bank of England base rate. Any additional work outside the agreed scope will be charged at the prevailing hourly rate, subject to client approval.

5. Confidentiality & Information Pledge

Both parties agree to keep all business, financial, and personal data strictly confidential. The Consultant will not disclose any information received from the Client to third parties without written consent, except as required by law. The Consultant undertakes to store all client data securely and to use it solely for the purposes of performing the contracted work. The Client agrees to maintain confidentiality of any proprietary tools, templates, or materials provided by the Consultant. This confidentiality obligation continues indefinitely, even after termination of this agreement.

6. Data Protection and Privacy Policy (GDPR Compliance)

The Consultant acts as a Data Controller under the UK GDPR and Data Protection Act 2018.

Data Collected: Financial data, contact information, and notes or summaries created during the review.
Data Use: To analyse business performance and communicate findings.
Data Storage: Stored on encrypted UK-based devices or GDPR-compliant cloud storage, retained for up to 6 years.
Client Rights: Access, correction, deletion (where lawful), and data portability.
Data Sharing: None without written consent, except as required by law.

7. Limitation of Liability

While every effort is made to ensure accuracy, the Consultant is not liable for losses or damages arising from decisions made based on information or recommendations provided, except in cases of negligence or wilful misconduct. Total liability is limited to the total amount of fees paid under this engagement.

8. Intellectual Property

All templates, frameworks, and tools supplied remain the property of the Consultant. The Client may use materials internally but may not reproduce or distribute them externally without written consent.

9. Termination

Either party may terminate this agreement with 7 days’ written notice. Upon termination, all unpaid fees for completed work will become immediately due. The confidentiality and data protection clauses will remain in force indefinitely.

10. Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of Wales and England. Both parties agree to submit to the exclusive jurisdiction of the Welsh courts.