Basically, you start with your actual or desired salary as a permanent employee, add the costs of running your business, and now divide it with a realistic number of billable hours per year (e.g. 1350 if you expect to have a regular 40-hour week and be able to bill 3 out of 4 hours). Here you go: your hourly rate.
Time and Hours Use digits and colons to show clock times. When describing timing of events in sentences, use the words from and to rather than a hyphen. When listing hours of availability, use the word to rather than a hyphen. When describing time durations, do not abbreviate words such as hours and minutes.
The best way to use dates in contracts is to write out the month, preceded by a figure for the day. Use four digits when referring to specific years. Never write a date ing to either of the following structures: ..the 15th day of March 1928 (written out)
Include both the hours and the minutes (not the seconds). When writing times, prefer using a colon over a point between hours and minutes. Do not add hrs or o'clock: h. Use a.m.
Rules Lowercase a.m. and p.m. and always use periods. Lowercase noon and midnight. Do not use 12 noon or 12 midnight (redundant). Use noon or midnight. Do not use 12 p.m. or 12 a.m. Use noon or midnight. Do not use 8 a.m. in the morning (redundant) Use 8 a.m. Do not use o'clock with a.m. or p.m.
The contract is valid for a period of insert number of months months starting on insert start date and ending on insert end date. An extension of insert number of months months can be made upon request from the PURCHASER and issuance of an amendment to this contract.
Every contractor I've worked with has taken 50% up front and 50% when the job is finished. This is normal. One thing I would recommend is you vet your contractor thoroughly--check reviews, make sure they have a legitimate website, testimonials etc...
My current company, we do things in halves: half at signing, half upon completion. Getting a percentage up front gives the contractor the ability to order materials and such for the job without as much of a burden on their own accounts.
If you need your independent contractor to work specific hours, it's time to consider making them an employee. One of the hallmarks of an independent contractor is that they can work at any time they choose and often have multiple clients/employers.