Terms & Conditions

Version 6 – Updated September 2025

Growth Resourcing Limited
Company Number: 15218609
Registered Office: Meopham House, Rother Road, Seaford, East Sussex, BN25 4HS

1. Definitions

For the purposes of these Terms and Conditions:

  • Agreement – The binding contract between Growth Resourcing Limited (“Growth Resourcing”) and the Client, including these Terms & Conditions and any accompanying Statement of Work or Proposal.
  • Advice – Guidance and support provided by Growth Resourcing via calls, messaging platforms (Slack, Teams, WhatsApp), video conferencing, or in-person meetings.
  • Authorised Signatory – An individual authorised to sign and commit the Client to this Agreement.
  • Break Clause – A provision allowing either party to end the Agreement early, without cause, during the Initial Term.
  • Client – The individual, company, or group of companies purchasing Services from Growth Resourcing.
  • Client Materials – All data, documents, and other information provided by the Client to enable Growth Resourcing to deliver the Services.
  • Deliverables – Defined outputs of the Services, as agreed in writing.
  • Effective Date – The date this Agreement becomes binding.
  • Initial Term – The first fixed period of the Agreement, starting from the Start Date.
  • Extension Period – Any agreed extension beyond the Initial Term.
  • Key Contact – The Client’s nominated representative(s) responsible for decisions relating to the Services.
  • Renewal Date – The annual date on which recurring Services automatically renew for 12 months, unless otherwise agreed.
  • Services – Advisory, coaching, interim management, project work, or other services provided by Growth Resourcing, as detailed in the Agreement.
  • Set-Up Fee – A one-time charge for initiating Services or a project.
  • Start Date – The date Services commence.

2. General Terms

2.1. Growth Resourcing will allocate sufficient time and resources to fulfil its obligations under this Agreement.

2.2. Except as expressly agreed, Growth Resourcing controls how and when the Services are delivered. While acting independently, Growth Resourcing will remain responsive to the Client’s reasonable needs.

2.3. Nothing in this Agreement appoints Growth Resourcing or its personnel as directors, officers, or fiduciaries of the Client.

2.4. Additional responsibilities or time commitments will be agreed in writing.

2.5. Growth Resourcing retains ownership and copyright of all materials it produces during the assignment, unless otherwise agreed.

2.6. Growth Resourcing will not enter into contracts or commitments on behalf of the Client without written authorisation.

2.7. The Client will provide all information reasonably required to deliver the Services.

2.8. The Authorised Signatory confirms authority to bind the Client to its terms, including fees and payment obligations.

2.9. A fair use allowance of up to 60 minutes per month applies to ad-hoc or reactive Advice. Additional time will be charged at the prevailing rate.

2.10. Growth Resourcing provides, at its own expense, all equipment and materials required to deliver the Services.

3. Fees and Payments

3.1. Fees are invoiced monthly in advance and payable within 14 days of the invoice date.

3.2. All fees are exclusive of VAT and applicable taxes. Growth Resourcing may adjust fees if tax laws change, with written notice.

3.3. Expenses reasonably incurred in delivering the Services will be recharged at cost, including:
3.3.1. Travel (train, plane, car mileage at 45p per mile, tube)
3.3.2. Accommodation and subsistence
3.3.3. Other pre-approved expenses

3.4. Additional Services or Advice beyond the fair use allowance will be charged at £250 per hour, subject to prior agreement.

3.5. Cancellations with fewer than 5 working days’ notice will incur a charge of £1,500 + VAT.

3.6. Late payments will accrue interest at 8% above the Bank of England base rate, from the due date until paid in full. Growth Resourcing may also apply a 10% collection fee if third-party recovery is required.

3.7. Services may be suspended if invoices remain unpaid.

3.8. Growth Resourcing may postpone Services due to illness, emergency, or circumstances beyond its control, with reasonable notice.

3.9. Fees will increase annually on the Renewal Date by 5% or 2% above the Bank of England base rate (whichever is higher).

3.10. If the Client directly hires or engages a Growth Resourcing employee (during their employment or within six months of leaving), the Client agrees to pay Growth Resourcing a £10,000 introduction fee.

4. Term and Termination

4.1. This Agreement begins on the Effective Date and continues until terminated.

4.2. The Client may terminate by giving one month’s written notice from the date of the next invoice.

4.3. Growth Resourcing may terminate with one month’s written notice from the date of the next invoice.

4.4. Both parties may agree in writing to terminate with one month’s notice.

4.5. The Client may terminate immediately if Growth Resourcing:
4.5.1. Commits a material or repeated breach;
4.5.2. Acts dishonestly, fraudulently, or in a way that damages the Client’s reputation or interests.

5. Confidentiality

5.1. Both parties agree to treat all information shared under this Agreement as strictly confidential and not disclose it to third parties without prior written consent.

5.2. Confidentiality does not apply to information already in the public domain (through no fault of the recipient).

5.3. Each party must handle and store information securely.

5.4. On termination, Growth Resourcing will return all Client property and materials within 30 days.

6. Intellectual Property

6.1. The Client retains ownership of all intellectual property in Client Materials provided to Growth Resourcing.

6.2. Growth Resourcing retains ownership of all intellectual property it develops in the course of delivering the Services (including reports, methodologies, and recommendations).

7. Indeminty & Insurance

7.1. Growth Resourcing maintains professional indemnity insurance of at least £1,000,000 throughout the term of this Agreement.

7.2. The Client warrants that it maintains adequate insurance cover for its business activities and use of the Services.

8. Governing Law

8.1. This Agreement is governed by the laws of England and Wales.

8.2. Both parties submit to the non-exclusive jurisdiction of the courts of England and Wales.

9. Entire Agreement

9.1. This Agreement supersedes all prior agreements, discussions, or understandings between the parties, whether written or oral.