Showing posts with label Legalities & Business. Show all posts
Showing posts with label Legalities & Business. Show all posts

Tuesday, February 25, 2014

Legalities and Business: Invoicing

Hi Everyone! I hope everyone's week got off to a good start.  Today's Legalities and Business post is about invoicing.

An invoice (bill) is a document that is given to the seller from the buyer.  This document tells everything you need to know about the transaction including service, products, price, rate of pay, etc that the seller provides.  Details including payment terms, taxes,discounts,  and company information are usually listed on this document.  Think of it as a credit card statement!

Here's one quick and easy Invoice to use:

Simple Invoice

My advice is to keep it simple and to the point when it comes to tutoring.  If you don't want to use excel or don't feel comfortable using excel you can try some commercial programs.  I've used Paypal to create Invoices.  These invoices are easy to use, easy to understand, and actually allow the customer to pay by clicking on the invoice by paypal account or credit card.  You can't go wrong there!  Programs like Quicken also provide an invoice option.  I'm not as good with this program, so it's hard for me to say if you should use it.


Some clients want invoices for their records.  Invoices help me track my earnings and help my client.  Not every client wants an invoice, but I 'll always have one on record for them.

So should you use invoices?  Yes.  It serves as a record of service!  In the long run it protects you!

Tuesday, February 18, 2014

Legalities & Business: The Need for a Contract

Legalities & Business:  The Need for a Contract
Judge Judy is one of my favorite T.V. judges.  She treats people horribly and people let her.  Whatever the issue is, it's typically under $5,000.  It doesn't seem worth it to me.  One of the most common things I hear her say is "Did you get it in writing?" and "Did you have a contract" or a "Bill of Sale".  She's asked this question in many different forms while mocking the individual for failing to have it.

A contract is your first line of defense in the tutoring world.  It lays the ground rules by which you and your client will operate from.

Here are some examples of tutoring contracts:

Tutoring Contract #1
Tutoring Contract #2
Tutoring Contract #3
Tutoring Contract #4
Tutoring Contract #5

So there you have it!  5 Examples that you can use, modify, or model from.  You have no excuse!  Look, even with friends that I tutor, I still have them fill out a contract...just in case.  So some of you might be thinking..."I'll just let it go and not work with them anymore.  That's the end of that!"  Think again!  You might let it go, but you're client might not.

*I didn't create these contracts.  As with all items related to the legal issues of your business, you should always get items checked out by a trusted lawyer.

Here's how important Contracts are:

Student Sinks Miraculous Shot, Celebrates, and loses $10,000