Additionally, define how deliverables will be delivered-this could be by mail, email, in-person, etc.ĭetermine when your deliverables will be due or when you will be available to provide your service. Or if you’ve been contracted as a writer, you can provide six blog posts every quarter. For example, if you’re a freelance graphic designer, you can offer your client up to 10 hours of work a month. Whether it’s via a meeting or email, be sure to discuss the following terms and conditions and consult with an attorney if you need more guidance.ĭetermine if you’ll provide a service for a certain number of hours or a set amount of deliverables within each pay period. Plus, putting the retainer agreement in writing and using a legally binding eSignature is a good way to build trust because it signals to clients that your services are professional and legitimate.īefore you start to draft up the retainer contract, you and your client should be clear on what you will each provide and receive. This can be a huge relief, as it makes it easier for the client to stay organized and plan effectively when they know they have someone to rely on, making them more likely to give you more business in the future. You're legally promising to be available and provide them with a predictable amount of work for a predictable amount of pay.
So, instead of doing a single project for a client every now and then and being paid sporadically, locking in a retainer means you have a clearer idea of how much work and pay to expect within a set time.Ī retainer also benefits your client because it shows them that you're making a commitment to them. In a retainer services agreement, the scope of work, timelines, and deliverables are usually outlined in detail, and payment is usually made on a regular basis, such as monthly, quarterly, or annually.Ī retainer agreement gives you a set amount of work and income for the period it covers. The purpose of a retainer agreement is to secure a steady flow of work for the service provider and ensure that the client has access to their services when they need them.
A retainer agreement is a contract between a client and a service provider, such as a freelancer, consultant, or agency, in which the business pays the client a predetermined fee in exchange for ongoing work or services.
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