Freelancers often do not sign contracts. If you think about it, it is kind of convenient to enter a business venture with no strings attached.
But nowadays, it is impractical not to have contracts.Â It may not be used much but it may come in handy if you want to run your business right.
It just might be your solution for your technical and legal problems as well.
Freelance Contract Basics
There are a few essential elements that comprise a basic freelancing contract.
Here they are:
- Document Title â€“ This is important to show that the contract is made for a freelancing job. Some titles commonly used are â€œWork for Hire Contractâ€ or â€œContractual Agreementâ€.
- Names â€“ You need to indicate who the contracting parties are.
- Agreement Date â€“ This is the date when the contract has been made official. It may also be the date when your services should start.
- Description of the Service to be rendered â€“ This is the body of your contract. This should include the type of services needed, the duration of the agreement and the resolutions to be made if there are any violations to the contract. The more specific the descriptions, the more stand you will have in case any problems come up.
- Payment Terms â€“ The payment terms include how you will get paid and when. Make sure that this is clear to you. You should also look at the possible resolutions if the payment terms have not been met.
- Signatures â€“ Finally, you should affix your signature after you have read the contact thoroughly. This will mark your agreement of the terms and conditions of the contract.
There are other elements that you should look for in a freelancing contract depending on the kind of services you will render. But whatever the contract is, you should always make sure that the contract is clear to you.