Consulting Invoice Template

Free Management Consultant Invoice Template

Invoice clients for management consulting projects, advisory work, and strategy engagements. Professional invoices from Tidybill.

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What is a Management Consultant invoice?

A management consultant invoice covers strategic and operational consulting work helping organisations improve performance, solve business problems, and implement change. Management consultants work across a wide range of engagements including business strategy, operational improvement, organisational restructuring, performance management, market entry, and due diligence. Day rate billing is the standard model for embedded consulting work; fixed-price project billing suits clearly scoped deliverables like a business review or strategic plan. Invoices should describe the work conducted, the deliverables produced, and the value created. Expenses (travel, accommodation, research databases) are typically reimbursable at cost.

What to include on a Management Consultant invoice

Common management consultant invoice line items

Service Typical Rate Unit
Management consulting (day rate) 900 day
Strategy project (per phase) 10000 phase
Workshop facilitation (full day) 2000 workshop
Business review and recommendations 5000 project
Interim management (day rate) 700 day

How to invoice as a management consultant

Day rate engagements invoiced weekly or bi-weekly with a timesheet. Project deliverables at milestone completion. Expenses at the end of each month with receipts attached. Net 14 to net 30 depending on client type.

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Frequently asked questions

How do I set a day rate for management consulting?
Management consulting day rates in the UK range from £600/day for generalist consultants to £2,000+/day for senior strategy partners or specialised advisory. Research your market level based on experience, specialisation, and client type.
Should I charge for expenses separately?
Yes. Travel, accommodation, and research costs are reimbursable at cost. List them on a separate line or as an expense claim with receipts attached. Most clients expect this.
What deliverables should appear on management consulting invoices?
Name specific deliverables: 'Strategic Options Report,' 'Operating Model Design,' 'Board Presentation on Growth Opportunities.' Vague descriptions ('consulting services') make invoices harder to approve.
Is management consulting subject to VAT?
Yes. All management consulting services are subject to 20% VAT for registered businesses.
How do I handle IR35 as a management consultant?
If you are engaged as a contractor rather than via your own limited company providing a service, IR35 may apply. Assess each engagement independently. Many management consulting arrangements outside IR35 if genuine business-to-business service provision can be demonstrated.
Can I use this template for free?
Yes. Tidybill's free plan lets you create up to 5 invoices per month at no cost, with no credit card required. You can use the Management Consultant invoice template straight away after signing up.