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And this is when the need for a
freelancing contract is truly felt.
A contract drawn between a
freelancer and a client helps in defining the terms by which both parties
will associate with each other. Moreover, a formal contract makes it easier
to remove any uncertainties or obscurities that may crop up during the
course of completing the project.
Some of the common elements that appear in a
freelancer's contract include:
1. Complete name and contact details of the
freelance contractor.
2. Complete name and contact details of the
client.
3. Short description of the project.
4. Break up of costs involved - rates charges
- hourly / flat rate for the project.
5. Details of the project / timelines
Such a contract is signed by both parties and
shows an approval to the terms mentioned therein.
Maintaining such a format contract ensures
that both the freelancer and the client will abide by the terms agreed on
in the contract.
In the event that there is a problem later
on, the contract can be referred to. What also cannot be ignored is the fact that
the contract alone does not provide 100% protection against fraud.
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