Wednesday 16 January 2019

How to get paid - 6a2

Contracts and Chasing Payments:

An important part of freelancing is contracts and getting paid on time.
Contract:

  • List deliverable in detail 
  • Price and delivery 
  • how much £ and when to be paid 
Rights:
  • once delivered client owns work 
  • authorship/credit - client owns work but still must credit designer 
Illustrations:
  • renewal fees
  • logo sold on yr long term, therefore must be renewed for continued use 
  • 50% of original fee
Cancellations
  • if cancelled or unused still must be paid in full 
  • Artist Creative vision 

Tips:

sending email from an 'accountant' using bold and red, 'accounts@company.com' 

Invoicing:
Include:

  • name 
  • invoice number
  • date
  • client 
  • reference number 
  • Detailed costs 
  • Title 
  • Item 1
  • Item 2 etc.
  • Terms 
  • Total 

Invoice-generator can also help
If freelancing need to register for self assessment for tax - gov.co.uk unique tax reference number
Check VAT - over £70k

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