It might not be apparent at first glance, but different types of start-ups and SMEs have different intensities when it comes to keeping records. Everyone must keep records – indeed HMRC will fine you up to £3000 if you don’t, but for some businesses and types of work it’s easier than others.
You might think money and a deadline for project completion are the only things really necessary in a freelance contract.
But while both of these things are important, you would be wrong. To protect yourself, your work and your earnings, there are several other vital items that should be in every freelance contract you sign.