Freelance - register for self assessment tax - won't be paying until earning around 12,000
Invoice
Terms/service agreements
A contract in understandable terms
freelance - can't back out etc
what our group said:
What may go into one:
- Disclosure of agreement (secret)
- Deliverables
- Payment deadlines
- Mandatory requirements
- number of amendments
- copyright/licensing
- contract information - reaching out to
- upfront cost - 50%
- stages of amendments - process
- failure of payment - extra fees
- giving credit of work
- specifying who owns the files after
- breaking out clause
- add a fund for unforeseeable if production based
- deadline to sign contract
- Breaking down the services that will be done
- Penalties if the contract is broken
- can't go to somewhere else to develop ideas for cheaper
Kate Moross advice for what should go into a terms agreement:
- Work hours/days
- Schedule/timeline
- Client responsibilities (communication)
- Client approvals
- Client changes (what point)
- Samples and credit
- Credit (tagged etc)
- Delays and termination
- Payment parameters
- consequences of non payment
- media (how work is used)
- Duration - owing the work for how long....
- Location
- Electronic files
- Length of storage
- Retrieval fee
- File requirements
10 things every creative needs to know:
- Know the value of your work
- Protect your work and your brand (copyright, license, patent)
- Know your client and what they want
- Who owns your work?
- NDA (non disclosure agreement)
- Don't agree to something without thinking about it first
- Never sign something without reading it and understanding it - even small print
- Consultant, contractor, employee or worker? (knowing rights and tax)
- What to do if someone steals your ideas/designs
- Get to know a friendly lawyer
Hellosign- sign a pdf
From this session valuable information was learnt, with not realising how much has to be thought about in order to cover all basis. From the section surrounding invoices, I learnt that perhaps in my current invoice information perhaps I could include how much further amendments would be and also the penalty for late payments as a precaution. I previously (2 weeks ago) sent out my first invoice to Toasties Blackpool and I wasn't sure what to include or the right way to do an invoice was so this session has been very vital, with learning that putting a penalty fee for late payments is a good way to make sure the client pays on time as this was an issue I had with my client, with clients suddenly going quiet when the invoice is sent. From the terms, I have learnt that there is many points that I need to think about when working with clients, especially the process, client responsibilities and the different services we can provide, which will help make everything clear to the client and help with clarity. Overall I have learnt that there is so much to consider within the design industry to make sure we aren't underselling ourselves and we are protecting our brand and our work, to which I will be placing into my brand and learning along the way!