The number of freelancers in the United States is growing, from 53 million in 2014 to 57.3 million in 2017. By 2027, 50.9 percent of the American population may consist of freelancers if the industry continues to grow.
Many workers quit their corporate jobs to be a full-time freelancer. If you have the talent for graphic design, photography, writing, or others, you might also consider full-time freelancing.
As a freelancer, you can be flexible with your work and manage your time. Freelancing does not require you to have a permanent office, too. You can lease shared office space in New York City or even work from home; where you work will depend on what you do.
But being a full-time freelancer is not easy, and there are factors that you need to consider.
Know Your Vision
Knowing what you want to achieve gives you a clear direction as you go along with your work. Ask yourself why you want to do freelance work and why you’re worthy for your clients. This would help you imagine the direction your business would take.
Think of your vision as your business plan. You can start by creating your business name and setting a goal for your brand. You may also have to coordinate with your city or county for necessary documents that would allow you to take on freelance jobs.
Once you have your business name, you should create an online resume where clients can learn about you and what you do. A website is also an excellent way to show your prospects your process and why they should hire you.
Create Marketing Strategies
You can start marketing your work even before you officially launch your business. Social media is an excellent platform for this purpose. It can help you reach more people, informing them of your capabilities.
Build a strong portfolio to showcase your abilities and post them on your website and other online profiles. This allows people to see how good you are and may convince them to hire you for their project.
You should also start creating a network for your business. Start by informing your family and friends about what you do. You can also join groups for freelancers to expand your network faster.
Manage Your Finances
The financial aspect of a business is one of the crucial parts of running a business. Before accepting freelance works, you need to set the price for your services and have a template for the invoices. A well-organized accounting plan can help you manage your finances.
As a freelancer, you should comply with the tax obligations in your area. You have to know how much tax you have to pay based on what you do and the documents you need to fill out.
A freelance business could be complicated. But you have to believe in your ideas and your talent. Our team can help you succeed by providing you with a virtual office that allows you to work the way you want.
We offer flexible offices that have large open creative spaces so you can focus on growing your business. Contact us today to know more.
