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Contracts and SOWs
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What is a Consulting SOW (Scope of Work)? A Scope of Work (SOW) is a document that defines how a project will be executed through specific tasks, activities, deliverables, and timelines. A SOW also provides important legal protections for both you and your client. While many people associate SOWs with large-company projects, they are equally…
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Learn the critical components to creating a Scope of Work (SOW) document to properly plan and manage your projects.
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As an independent professional, prospective clients will often ask you for a proposal or a Request for Proposal (RFP)—a more formal document where you propose a solution to the client’s problem or business need. RFPs will also include information about your business such as details about your services, methodology, and estimated costs. Proposals are a great…
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One of the most important tasks you’ll take on as an independent contractor is tracking and billing your time. Whatever billing method you choose, you’ll want to present a reputable, professional contractor invoice to your clients. Follow these five tips to present a clean, professional invoice to your clients. 1. Set a Billing Policy Creating…
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Independent contractor agreements are a written record of the agreement between consultant and client. Not only do they provide legal protection, but they also create a sense of professionalism, encourage communication, and ensure an efficient and streamlined process to complete the project. Contracts can be as long or as short as you need. Taking the…
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If you want to start your own business and already know the skills and services you want to offer to clients, congratulations—a big part of your upfront work is already done! One of the most important hurdles you will cross when going independent is truly making sure you are ready for self-employment. If you are…
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An independent contractor agreement should provide as much protection as possible, while also clearly establishing expectations of both parties. The exact language and sections included in your contract may vary depending on your industry, client type, and location. Independent contractor agreements are particularly important for independent contractors to provide: legal protection establish roles and responsibilities…
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