I've done some freelance work in my field and to clients I've used a sales platform that matches freelancers with clients. Most of the projects are short term, but some have gone on longer. I've got one client that I've been working with for 2 years and we've had an annual contract that renews every year. At this point, we have a good working relationship and see no reason to stop...the problem is the platform keeps a 50% cut of what the client pays. Both the client and I are in agreement on moving off platform. I could lower my rate a little bit to give this client (it's a non-profit) some savings, but also increase my take. However, there is a buyout clause that is like 50-70% of the annual contract (I can't remember the exact amount off hand).
This year's contract is due to end soon and I'm looking for a way around the buyout clause. I've been contracted as a Sole Proprietor, but am wondering if I get an LLC going if I can contract under the LLC instead of me personally to avoid the buyout clause. Does anyone have any input or advice?