Estimates benefit both you and your clients or customers.
Get on the same page with your clients about project scope, timeline, and cost. Provide a clear, attractive document with all the essential details.
Estimates are a great opportunity to agree on project details. Recipients can sign and approve estimates instantly online.
All your estimates are saved and organized for future reference. Duplicate in just a few clicks or look back at your records.
A signed estimate may help protect you in case of a dispute. Even better, it gets you aligned to help prevent disputes in the first place.
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An estimate provides a clear statement of the expected cost for an exchange, such as the delivery of specified freelance services. By creating clear expectations from the outset, estimates help you get aligned with your clients and customers to create a smooth experience for all parties.
The total expected cost of the project and payment terms should be stated clearly in the estimate, along with a detailed breakdown. For example, you might include different sections for time and materials with a brief description under each. Contact information for you and your client should also be included. With Invoice Maker, all you need to do is select Estimate and fill out the relevant fields.
An estimate is used to forecast the total cost of a project to the client, whereas an invoice is sent to request payment. Clients can be invoiced before, during, or after a project’s completion depending on the terms of the engagement, but estimates are always sent before the project begins.