Monthly Archives: June 2012

Thinking About Freelancing? You Should Read This …

More companies are seeking to cut costs by outsourcing certain jobs to people with specialist skills without hiring them as permanent staff. Many people desire to increase their income, start and grow their own businesses by freelancing.

Before you decide to go into freelancing, you must be sure of what your reasons are for wanting to freelance. Think about it and carefully decide what your aims are. Do you want to specialize in a particular area in which you have expertise? Are you in it to earning more money?

Once you know why you want to freelance, you then must understand and decide if you possess the attributes of a good freelancer. These attributes include marketable skills, good organizational skills, flexibility and ability to meet deadlines, entrepreneurial skills, experience, good communication skills and the ability to keep calm under pressure. Compare these attributes with those you possess and identify areas where you may be lacking, so you can try to improve on them, or reconsider freelancing altogether.

You will also need to do some form of a budget, where you set out how much money you will be spending on freelancing and other related costs, and how much you are prepared to personally get by on. Do a monthly budget and stick to it.

One important thing you must quickly decide on is, whether or not you will be working from home. Depending on the type of freelance work you will be doing, your location will be affected. If you are a freelance writer and you get jobs through a freelance website you will find it easier to work from home. If your freelance work requires you to manufacture products, then a different location would be appropriate.

When you have decided on your location, you then decide on the equipment you will need to do your work. Do you need a desk and chair, fax machine, computer with Internet access and a printer? Make sure you carefully consider your equipment needs, you do not want to start freelancing and then find out you are unable to do a project because you lack an important piece of equipment.

Consider also, whether or not you are going to work for a set number of hours. Freelancing allows you to set your working hours, and when doing so remember that you have a family you will need to spend time with. Once you set your hours, it is important to stick to it. There is nothing worse for a potential client than trying to reach you when you say you will be working and being unable to.

You now have to decide how you are going to find work. You can begin by contacting companies that need your kind of expertise. There are also agencies that can source work opportunities for you. A good place to search is the Internet; there you will find many freelance job sites.

When you are negotiating for work, charge your client according to the work that needs to be done. Be sure your price covers your costs and makes you a profit.

Source: Freelance University