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Simple hold harmless agreement template – If you’re a creative individual who wishes to convert your”creative juices” in an earning mechanism then you need to educate yourself by knowing the ins and outs of having a business contract. Nowadays, having verbal agreements when engaging into company customers is no longer working as it most often results to disagreements and torn relationships. Why do you need a contract in the first place? A written contract can protect you in a variety of ways. For starters, a written contract can help define the scope of work that includes your deliverables in addition to the project timeline.
Second, a contract outlines every detail related to money. Payment disputes are a common issue that creatives often confront. Apart from detailing how much you should get for your services, the contract should answer a few key questions, including: if you’re likely to get upfront payment; once you will receive payments; what happens when the project falls through, and if there’ll be late fees and reimbursements for expenses.
A written contract will also determine who gets the ownership of the deliverables. For some kinds of work, the possession is clear cut. However, for some works like logos or written articles, the customer and the service provider should come into an agreement as to who eventually owns the work. As the service provider, you can choose between two options: assign or give ownership to the customer, or grant a license to the client while you retain ownership of the end product.
Contracts can also serve as a clear guide for the two parties when it comes to effecting changes to a project. From time to time, clients will request changes to the initially agreed upon concept and it’s crucial for builders to spell out the terms of what counts as additional work and additional fees for the customer. Drafting a contract can be confusing – intimidating, even – for a lot of people. If you don’t have time or money to attend an attorney for contract construction tips, your next best option is to use a business contract template. Employing a business agreement template, you can simply add the relevant details related to your project. The main thing is that you have an invaluable tool which clearly provides the essentials of your agreement with a client. Take a look the sample of simple hold harmless agreement template at the attachment page.