“The main risk to freelancers is not protecting yourself”

Create a contract

Every time you agree to work with someone, you’re entering an agreement with them. A contract gives both parties some protection, and something to reference if you encounter any issues. It becomes your safety net. It should include things like the work you’re agreeing to deliver, the timeframe you’ve agreed, the price being paid, payment terms. It can also outline who owns the work after it’s completed, and what happens if the project gets cancelled. There are lots of really reasonably priced templates you can buy, Contract Killer is a great starting point.

Set up a business account

This will be super important when it comes to keeping your business money separate. It makes it easier to set tax aside and sort out your return at the end of the year.

Get yourself some insurance

Just in case you run into any issues like damaged studio property or copyright problems, having insurance means you can relax and focus on doing the work. With Jack is specifically for creative freelancers and has a few different levels of policy to choose from. Don’t wait to think about insurance after you need it.

Find your community

Freelancing can be a little isolating. Especially when you encounter issues without the support of a team to help resolve them. There are so many brilliant groups you can join to ask all your questions, or just a place to share what you’re working on. Creative Boom recently started The Studio, which is a great space to chat with other creatives. Being Freelance also has a community you could join.