If you're looking for a place to start, Ian
and Eszter from Charipickers
shared some of the essential information your freelance contract needs. And what is a contract? It is a statement of your rights and obligations and it clarifies the proposed agreement with the client. According to statistics, 49% of freelancers always use contracts, while 12% never do.
Any claim for breach of contract or failure of delivery needs to be proven, and your contract is the place to lay out all the rules of the assignment. Stating them properly will help you defend yourself in case of a claim. - Company details
It needs to be clear which parties are engaging in the contract. All your company's details, including your address, need to be included in the contract. - Assignment description
Describe what the task is and what is required of you and your client. If the client makes a claim against your work, this is where you will be able to show what your duties were. - Rate/fee
This is your payment – how much and for what time period. Ian goes into more detail on which payment option is the best in our previous article. - Invoice and payment terms
State how you will be paid and include any details such as interest rates for late payments. If you're struggling to find a simple and powerful invoicing solution, see how Xolo can help you here
. - Delivery timeframe
When does the work start? When do you need to deliver the project? What are the main milestones and when do they need to be done? Specify that in the contract.