Since the invoice clearly indicates the balance due and the due date, the client should have no doubt about his or her payment obligations. Make sure that the client receives the invoice and follow up as necessary. While an all-cash business is not likely to make sense, a savvy contractor might offer several options for payment, including PayPal, Square or other credit card processing, and more conventional means like checks. ![]() To the extent possible, freelancers should try to cater to clients’ payment preferences. Revisions to job specifications should generally be discussed first with the client, so that a revised invoice does not catch them unawares. Should things change as the job proceeds, the invoice can be updated to reflect final costs. Template for agreements with independent contractors that has been approved by Risk Management. All work that is completed should be carefully tracked and reported. Track records of assignments/jobsįreelancers are usually all-in-one operations, meaning that a writer or electrician who goes the independent-contractor route will have to keep books and manage client contacts in addition to primary work responsibilities. Since freelancers often negotiate directly with clients, they may also be able to capture more of the revenue too, rather than having to split it with an employer or other middleman. In the best case, freelancing affords flexibility and autonomy. Skilled tradespeople and others doing manual work may act as independent contractors too. The term may bring to mind café-dwelling writers, web designers, and other new-economy professionals, but the range of freelancing is truly much broader. In common usage, a freelancer is somebody who works on a contract basis for another party, without being formally employed by them.
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