Marketing

Is Freelancing The Answer?

Every freelancer has his/her own reason for enjoying it, however there are some commons reasons why this is this case. If you do take the right advice, you can actually great a large reduction on the amount of tax you pay in comparison to being an employee. Let us not forget the obvious fact that you have a huge amount of freedom and choice of hours and holidays depending on the type of job you are undertaking.

It can be a refreshing feeling to be your own boss. You do not have to answer to anyone, which means you call the shots. You have the privileged of creating your own environment to suit your own needs and tastes. As an employee, you do not have any control over your environment.

You will, as a freelancer, get paid more money for your time than the average employee. Therefore it is advisable to market your self and hold onto the valuable clients you have, because if you can keep the regular work coming in at the rate you charge, you will be earning a lot more than the employee in a year.

You can then expect to earn potentially up to 3 times more than you would if you had a boss. Generally speaking, if your getting into freelance work, you should charge 2.5 times the average wage you would earn if you were being employed.

It is very good for your character and confidence to work along side many different professionals and companies. You will probably work with small local companies and large corporations, but they are all essential and provide income to sustain and build you. It is also important to price your services according to your client, or keep two separate prices lists as a reference.

Freelancing is much harder to master than full time employment, because there is so much more to consider day to day. It is a good idea to maybe write down a S.W.A.T analysis of yourself, identifying your strengths, weaknesses, opportunities and threats. Remember, you will not have the same level of protection as an employee, so make sure you have a solid business advisor.

You will only get paid when you work, so consider the idea of having to go out a get the work before you actually do it. Marketing is key, so if do not take out the time to do it, you will not get paid. This means there is always the uncertainty of getting work as opposed to a full time employee.

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Tags: Small Business, site promotion, internet marketing, Careers, internet

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