Free Time Sheet (Excel)

Free Time Sheet (Excel)

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First Name
Last Name
Acme LLC.
Client
First Name
Last Name
Corporation Corp.
First Name
Last Name
Acme LLC.
Client
First Name
Last Name
Corporation Corp.
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Free Time Sheet (Excel)
Free Time Sheet (Excel)

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Date: March 8th 2023


Between:

Coach:

First_name
Last_name
Acme LLC.
Client:

First_name
Last_name
Corporation Corp.

This Contract is between Client (the "Client") and Acme LLC, a California limited liability company (the "Coach").

The Contract is dated January 23, 2023.

1. WORK AND PAYMENT.

1.1 Project. The Client is hiring the Coach to develop a coaching relationship between the Client and Coach in order to cultivate the Client's personal, professional, or business goals and create a plan to achieve those goals through stimulating and creative interactions with the ultimate result of maximizing the Client's personal or professional potential.

1.2 Schedule. The Coach will begin work on February 1, 2023 and will continue until the work is completed. This Contract can be ended by either Client or Coach at any time, pursuant to the terms of Section 4, Term and Termination.

The Coach and Client will meet by video conference, 4 days per month for 2 hours.

1.3 Payment. The Client will pay the Coach an hourly rate of $150. Of this, the Client will pay the Coach $500.00 (USD) before work begins.

1.4 Expenses. The Client will reimburse the Coach's expenses. Expenses do not need to be pre-approved by the Client.

1.5 Invoices. The Coach will invoice the Client in accordance with the milestones in Section 1.3. The Client agrees to pay the amount owed within 15 days of receiving the invoice. Payment after that date will incur a late fee of 1.0% per month on the outstanding amount.

1.6 Support. The Coach will not be available by telephone, or email in between scheduled sessions.

2.DUTIES AND RESPONSIBILITIES.

- A coaching relationship is a partnership between two or more individuals or entities, like a teacher-student or coach-athlete relationship. Both the Client and Coach must uphold their obligations for the relationship to be successful.

- The Coach agrees to maintain the ethics and standards of behavior established by the International Coaching Federation (ICF).

- The Client acknowledges and agrees that coaching is a comprehensive process that may explore different areas of the Client's life, including work, finances, health, and relationships.

- The Client is responsible for implementing the insights and techniques learned from the Coach.

3. REPRESENTATIONS.

3.1 Overview. This section contains important promises between the parties.

3.2 Authority To Sign. Each party promises to the other party that it has the authority to enter into this Contract and to perform all of its obligations under this Contract.

3.3 Coach Has Right To Give Client Work Product. The Coach promises that it owns the work product, that the Coach is able to give the work product to the Client, and that no other party will claim that it owns the work product. If the Coach uses employees or subcontractors, the Coach also promises that these employees and subcontractors have signed contracts with the Coach giving the Coach any rights that the employees or subcontractors have related to the Coach's background IP and work product.

3.4 Coach Will Comply With Laws. The Coach promises that the manner it does this job, its work product, and any background IP it uses comply with applicable U.S. and foreign laws and regulations.

3.5 Work Product Does Not Infringe. The Coach promises that its work product does not and will not infringe on someone else's intellectual property rights, that the Coach has the right to let the Client use the background IP, and that this Contract does not and will not violate any contract that the Coach has entered into or will enter into with someone else.

3.7 Client-Supplied Material Does Not Infringe. If the Client provides the Coach with material to incorporate into the work product, the Client promises that this material does not infringe on someone else's intellectual property rights.

4. TERM AND TERMINATION

This Contract is ongoing until it expires or the work is completed. Either party may end this Contract for any reason by sending an email or letter to the other party, informing the recipient that the sender is ending the Contract and that the Contract will end in 7 days. The Contract officially ends once that time has passed. The party that is ending the Contract must provide notice by taking the steps explained in Section 9.4. The Coach must immediately stop working as soon as it receives this notice unless the notice says otherwise.

If either party ends this Contract before the Contract automatically ends, the Client will pay the Contractor for the work done up until when the Contract ends. The following sections don't end even after the Contract ends: 3 (Representations); 6 (Confidential Information); 7 (Limitation of Liability); 8 (Indemnity); and 9 (General).

3. INDEPENDENT CONTRACTOR.

The Client is hiring the Coach as an independent contractor. The following statements accurately reflect their relationship:

- The Coach will use its own equipment, tools, and material to do the work.

- The Client will not control how the job is performed on a day-to-day basis. Rather, the Coach is responsible for determining when, where, and how it will carry out the work.

- The Client will not provide the Coach with any training.

- The Client and the Coach do not have a partnership or employer-employee relationship.

- The Coach cannot enter into contracts, make promises, or act on behalf of the Client.

- The Coach is not entitled to the Client's benefits (e.g., group insurance, retirement benefits, retirement plans, vacation days).

- The Coach is responsible for its own taxes.

- The Client will not withhold social security and Medicare taxes or make payments for disability insurance, unemployment insurance, or workers compensation for the Coach or any of the Coach's employees or subcontractors.

6. CONFIDENTIAL INFORMATION.

6.1 Overview. This Contract imposes special restrictions on how the Client and the Coach must handle confidential information. These obligations are explained in this section.

6.2 The Client's Confidential Information. While working for the Client, the Coach may come across, or be given, Client information that is confidential. This is information like customer lists, business strategies, research & development notes, statistics about a website, and other information that is private. The Coach promises to treat this information as if it is the Coach's own confidential information. The Coach may use this information to do its job under this Contract, but not for anything else. For example, if the Client lets the Coach use a customer list to send out a newsletter, the Coach cannot use those email addresses for any other purpose. The one exception to this is if the Client gives the Coach written permission to use the information for another purpose, the Coach may use the information for that purpose, as well. When this Contract ends, the Coach must give back or destroy all confidential information, and confirm that it has done so. The Coach promises that it will not share confidential information with a third party, unless the Client gives the Coach written permission first. The Coach must continue to follow these obligations, even after the Contract ends. The Coach's responsibilities only stop if the Coach can show any of the following: (i) that the information was already public when the Coach came across it; (ii) the information became public after the Coach came across it, but not because of anything the Coach did or didn't do; (iii) the Coach already knew the information when the Coach came across it and the Coach didn't have any obligation to keep it secret; (iv) a third party provided the Coach with the information without requiring that the Coach keep it a secret; or (v) the Coach created the information on its own, without using anything belonging to the Client.

6.3 Third-Party Confidential Information. It's possible the Client and the Coach each have access to confidential information that belongs to third parties. The Client and the Coach each promise that it will not share with the other party confidential information that belongs to third parties, unless it is allowed to do so. If the Client or the Coach is allowed to share confidential information with the other party and does so, the sharing party promises to tell the other party in writing of any special restrictions regarding that information.

7. LIMITATION OF LIABILITY.

Neither party is liable for breach-of-contract damages that the breaching party could not reasonably have foreseen when it entered this Contract.

8. INDEMNITY.

8.1 Overview. This section transfers certain risks between the parties if a third party sues or goes after the Client or the Coach or both. For example, if the Client gets sued for something that the Coach did, then the Coach may promise to come to the Client's defense or to reimburse the Client for any losses.

8.2 Client Indemnity. In this Contract, the Coach agrees to indemnify the Client (and its affiliates and their directors, officers, employees, and agents) from and against all liabilities, losses, damages, and expenses (including reasonable attorneys' fees) related to a third-party claim or proceeding arising out of: (i) the work the Coach has done under this Contract; (ii) a breach by the Coach of its obligations under this Contract; or (iii) a breach by the Coach of the promises it is making in Section 3 (Representations).

8.3 Coach Indemnity. In this Contract, the Client agrees to indemnify the Coach (and its affiliates and their directors, officers, employees, and agents) from and against liabilities, losses, damages, and expenses (including reasonable attorneys' fees) related to a third-party claim or proceeding arising out of a breach by the Client of its obligations under this Contract.

9. GENERAL.

9.1 Assignment​. This Contract applies only to the Client and the Coach. Neither the Client nor the Coach can assign its rights or delegate its obligations under this Contract to a third-party (other than by will or intestate), without first receiving the other's written permission.

9.2 Arbitration. As the exclusive means of initiating adversarial proceedings to resolve any dispute arising under this Contract, a party may demand that the dispute be resolved by arbitration administered by the American Arbitration Association in accordance with its commercial arbitration rules.

9.3 Modification; Waiver. To change anything in this Contract, the Client and the Coach must agree to that change in writing and sign a document showing their contract. Neither party can waive its rights under this Contract or release the other party from its obligations under this Contract, unless the waiving party acknowledges it is doing so in writing and signs a document that says so.

9.4. Noticies.

(a) Over the course of this Contract, one party may need to send a notice to the other party. For the notice to be valid, it must be in writing and delivered in one of the following ways: personal delivery, email, or certified or registered mail (postage prepaid, return receipt requested). The notice must be delivered to the party's address listed at the end of this Contract or to another address that the party has provided in writing as an appropriate address to receive notice.

(b) The timing of when a notice is received can be very important. To avoid confusion, a valid notice is considered received as follows: (i) if delivered personally, it is considered received immediately; (ii) if delivered by email, it is considered received upon acknowledgement of receipt; (iii) if delivered by registered or certified mail (postage prepaid, return receipt requested), it is considered received upon receipt as indicated by the date on the signed receipt. If a party refuses to accept notice or if notice cannot be delivered because of a change in address for which no notice was given, then it is considered received when the notice is rejected or unable to be delivered. If the notice is received after 5:00pm on a business day at the location specified in the address for that party, or on a day that is not a business day, then the notice is considered received at 9:00am on the next business day.

9.5 Severability. This section deals with what happens if a portion of the Contract is found to be unenforceable. If that's the case, the unenforceable portion will be changed to the minimum extent necessary to make it enforceable, unless that change is not permitted by law, in which case the portion will be disregarded. If any portion of the Contract is changed or disregarded because it is unenforceable, the rest of the Contract is still enforceable.

9.6 Signatures. The Client and the Coach must sign this document using Bonsai's e-signing system. These electronic signatures count as originals for all purposes.

9.7 Governing Law. The validity, interpretation, construction and performance of this document shall be governed by the laws of the United States of America.

9.8 Entire Contract. This Contract represents the parties' final and complete understanding of this job and the subject matter discussed in this Contract. This Contract supersedes all other contracts (both written and oral) between the parties.

THE PARTIES HERETO AGREE TO THE FOREGOING AS EVIDENCED BY THEIR SIGNATURES BELOW.

Coach

First_name
Last_name
Acme LLC.
Client

First_name
Last_name
Corporation Corp.
Table of contents

One key ingredient in running a successful freelance business is to focus on proper management. Here, management isn’t limited to time alone. It also touches on the personnel. In this case, it touches on you. Proper or successful management hinges on many tools. One such tool is the Excel timesheet. Use this timesheet well to set the right foundation for your business to succeed. In this regard, the timesheet can be everything that your business needs.

Excel Time Sheet
Image Credits: excel-easy.com

How does the timesheet help you to manage your freelance business?

1. Tracking your projects with the excel time sheet

Ideally, the Excel timesheet is perfect for tracking time spent on work. However, it can do more than that. It keeps your pulse on the projects that you’re currently handling for your clients. A freelancer who is on top of the situation has a higher chance of enjoying unlimited success. The timesheet can be worth the investment when you’re handling more than one project at a time. Configure it properly, and it will feed you with valuable information.

2. Managing your finances with the excel time sheet

It’s not enough for freelancers to keep track of all their projects. In addition to that, they have to be able to manage their finances properly. Keep your eyes on all the money that comes into the business. That can’t happen if you don’t value your time. Valuing your time starts with tracking how you spend it. In freelancing, just like in all facets of life, time is just not money but is everything. It sets your consultancy up for either failure or success.

3. Prioritizing your time with the excel time sheet

Again, this just reiterates the fact that time is one of the greatest and most important assets in the hands of freelancers. The timesheet trains you to prioritize and value your time. While it is true that your business needs money, it’s impossible to get anywhere while being careless with your time. Show clients that your time means more and they will learn to respect it. Failing to do that could cause irreparable suffering for your business.

Smart consultants know a few crucial things about time management.

Copy them by using the Excel timesheet to prioritize time.

Excel Time Sheet Sample
Image Credits: clockspot.com

4. Connecting with the client with the excel time sheet

Many times, the success of your freelancing business would depend on the connection you enjoy with the clients. It doesn’t take a rocket scientist to develop the rights skills for connecting with clients. You can learn to make meaningful connections with your clients. The Excel timesheet can help you with that too. It lets you know how much time you’re dedicating to each of your clients. Make changes based on what you deduce from the timesheet.

5. Finding new work with the excel time sheet

One of the most important measures to take to grow your business involves finding new work. You can’t always rely on the old to keep your business flowing. You need fresh work. The timesheet helps you to know if your business hours are fully occupied with clients’ work or not. Therefore, you can make a decision to get new clients through the door based on the information you see on the timesheet. Keep it up to date, as it can be really helpful.

6. Spare time to focus on yourself with the excel time sheet

The last thing you need is to develop a health breakdown of any kind. That often happens when building a consultancy from scratch where you put in the hours to get the business going. For this reason, it’s crucial to spare time for yourself. Do not spend the whole day and several hours of the night on your freelancing business. You can use the Excel timesheet to check how much time you give the business vis-à-vis what you dedicate to your other non-business issues.

Do you manage employees with the excel time sheet?

Do you have a difficult time trying to track the hours your employees commit to specific tasks? If you do, it would be great to consider installing and using an Excel time sheet. The timesheet reduces your workload significantly. It costs you time and money to manage your business successfully. It also requires a lot of effort on your part to track your staff’s activities. Sadly, you can’t ignore this task otherwise your business would struggle.

Excel Time Sheet Example
Image Credits: excel-easy.com

1. The excel sheet saves time

An Excel time sheet saves you time. Find a good template, and it will save you from worrying about creating a timesheet from scratch, which would be advantageous to you bearing in mind the struggles you encounter with Excel. You could then use the time you saved to run the business better, engage in a bit of marketing and advertising too. The time you save translates into more money for your business too.

The time you spend monitoring your workers would return to you massively in the form of improved productivity. The timesheet is one of the resources you can use together with other web solutions to boost productivity at your workplace. It is important for productivity to improve if you expect your business to keep pace with the competition. More importantly, its own survival depends on the input of everybody at the office.

2. The excel sheet is cost-effective solution

An Excel time sheet is also cost-effective. You don’t always have to spend money on timesheets and other similar programs. The rewards are golden if you struggle to operate within monthly or yearly budgets. As any financial consultant would tell you, free services are good for the business, especially where cash flow is also a problem. Minimize business expenses by installing free software too. At times, you should choose free rather than proprietary software.

3. The excel sheet formulas make work easier

Excel has various formulas installed in the software. For this reason, its time sheet saves you from spending too much time on calculations. Excel does most – if not all – the work for you. Format each timesheet to make it capable of capturing the information you need. The software creates timesheets automatically, once you format it correctly. Go for Excel if you want to get more done while doing less!

4. The excel sheet is easy to Customize

Do you ever think of the ease of customizing your timesheets? Maybe you do, or you don’t. Nevertheless, an Excel time sheet is one of the easiest to customize. You can customize it to capture and feature all the information you consider important in running the business or managing your employees. What is more, plenty of templates are available on the Internet. Look for one with all the features you need to customize your timesheets.

Excel Time Sheet PDF
Image Credits: cumbiabol.tk

5. The excel sheet gives exposure to more options

The time sheet does not limit your options either. Instead, it exposes you to several options. These options are in the form of the choice of templates open to you. The Internet has opened the world of time sheet templates to you in a way that would have been impossible to imagine a few years ago. Most of the timesheet templates you find online are free hence the best for a business focused on cutting costs.

6. Choose a excel time sheet that fits your needs

Learn how to use the Excel time sheet before downloading any into your device. The timesheet has several components. You can never afford to ignore even one component or feature of this document. Remember, it serves one main purpose – helping you to manage your workforce. Use it appropriately. Study the template. Read or watch tutorials too. With time, you will know it like the back of your hand.

Install an Excel time sheet and begin using it today for the benefit of your business.

Frequently Asked Questions
Questions about this template.

How do I create a time sheet in Excel?

You can manually create a time sheet in Excel or use Bonsai's pre-made template to easily edit the correct info. With Bonsai, just add the hours you worked, tasks you did, dates performed, sign it off and send it to clients.

Are there free invoice templates for time sheets?

Yes, easily edit Bonsai's time sheet template at no cost. You can personalize our pre-made templates with your business colors/logo and send it off to clients instantly.

What needs to be on an invoice for time sheets?

On a blank document, add your company name, client information, logo, address, hours worked, invoice number, issuance date, due date, tasks performed and payment information. You could skip the entire process and sign up with Bonsai. Bonsai has free templates you can customize and send right away.

Template preview

Free Time Sheet (Excel)

First Name
Last Name
Acme LLC.
Client
First Name
Last Name
Corporation Corp.
First Name
Last Name
Acme LLC.
Client
First Name
Last Name
Corporation Corp.