Amanda White
CFP, 5-Year Full-Time Freelancer
Contract
In This Article
Definition
Legal agreement outlining project terms, payment, deliverables, and responsibilities.
Related Terms
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FAQs
Do I need contracts?
Yes, always for freelance work; protect yourself.
Where to get contract templates?
Bonsai, HoneyBook, or consult a lawyer.
Similar Terms
NDA (Non-Disclosure Agreement)
Legal agreement preventing sharing of confidential information about a client's business.
LLC (Limited Liability Company)
Business structure providing personal liability protection while maintaining tax flexibility.
Sole Proprietor
Simplest business structure where individual and business are legally the same entity.
EIN (Employer Identification Number)
Tax ID number for businesses, sometimes used instead of SSN for payments.
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Important Disclaimer: This content is for informational purposes only and should not be considered tax, legal, or financial advice. Consult a qualified professional (CPA, tax attorney, or financial advisor) for advice specific to your situation.