As a Freelancer You Need to Consider This

As a Freelancer You Need to Consider This

Are you ready to get started as a freelancer? I’ve been doing it for 13 years and it most definitely has benefits, There might be a few issues in this business model that could take you by complete surprise though if you don’t do your homework. The points to consider as a freelancer might help you get started with that research.

Wait, What Did You Say About Tax?

When you operate as a freelancer, you will need to pay tax. Actually, the paying part is fairly typical. It’s the management that becomes an issue and it has the potential to get a lot of freelancers into a whole heap of trouble. Firstly, it’s important to remember that your money is taxed. You need to work this out as soon as you start earning. Otherwise, there’s a strong chance that you’ll accidentally spend your tax money. In the past freelancers have tried to argue that they can’t afford to pay tax and this doesn’t work. The money doesn’t belong to you, it’s the governments so it must fit in your budget. 

The start of this process will always be to keep an accurate record. There’s a lot of work to be done here and it can be quite complex. So, why not make it easier on yourself by using accounting software? With this, you will be able to immediately and accurately find out how much you are earning. You can then use this information to fill in tax details online. I outsource my accountancy to an accountant yet still need to use this type of software.

Be Visible 

Make sure that you are getting noticed online. If you want to avoid spending a lot of money, you might try to build up your professional profile yourself. One of the ways that you can do this is creating a presence across social media. It’s not as complicated as it sounds but you could still get lost in the shuffle. Don’t forget, you’re not the only person looking to make an impression as a freelancer online. There are hundreds of thousands of people in your industry taking the same steps. 

If you want to avoid the issue here then we suggest that you think about joining a platform that will allow you to immediately reach eager buyers. There are countless platforms that clients rely on to find the support from freelancers that they require. 

Points to Consider as a Freelancer: That’s A Little Low

Of course, you’ll face another problem and that’s completion on the market. It’s quite possible that you have another person vying for the same client as you. This can start a bidding war where the client has all the control. Rather than bidding up, you’ll have to bid down until you reach a price that your competitors can’t afford. This does happen quite a lot on the freelance market so you have to be prepared. It’s why many freelancers choose to work through an agent or company. Of course, you can charge what you like, set prices, offer bespoke pricing or generally approach this issue whichever way works best for you.

The Client Is Always Right (Even When They’re Not)

This is actually a myth. You have to be prepared for the danger of a client rejecting your work and demanding that you do it again. This can occur after you have spent hours and hours on a project. Some freelancers may feel that they have no choice but to oblige here. I find that a strong brief in advance and a contract which details how many tweaks or amendments that you will do goes a long way. A good way to avoid a problem would be to make sure you are staying connected with the client and updating them, providing them with examples of your progress. That way you can make sure you’re on the path they want you to follow. Don’t be afraid though to listen to your gut and if necessary end a relationship with a client. Sometimes it just has to be done.

In Conclusion 

As a freelancer you have control over the way that you work, your prices, who you work with and how your business is run. Start with these few tips to get the ball rolling and to make sure that you are on the right track.

 

Freelancers: Keeping Yourself Healthy

Freelancers: Keeping Yourself Healthy

It might seem to some that us freelancers must seem to lead a charmed life. We can work from home or hotdesk or avail ourselves of a number of freelancer friendly workspaces if we don’t wish to incur overhead costs. I, for example, run a coworking group here in Thirsk.

Freelancers can (at least in theory) start work whenever they like and finish whenever they wish. They have the flexibility to fit their working activities around their lifestyle and family commitments. Indeed, in many ways, it is a charmed life. However, freelancers face a struggle for balance that their salaried friends may not comprehend. They can find themselves working ridiculously long hours when up against a deadline, often going hours and hours without a break. They can go days on end without ever leaving the house. They can find themselves damaging their health in some pretty serious ways, despite their best intentions.

Sound familiar?

I’ve been freelancing for 12 years now and here are some ways I recommend you try in order to keep yourself healthy and happy in 2019.

Get Out

When a deadline looms near you may feel that every moment spent away from your computer screen is wasted. Nonetheless, it’s imperative for your mental health that you venture out every day. Take yourself for a walk, ideally somewhere where you can be close to nature. This will provide your mental health with a pick-me-up and the act of walking will help you to overcome any issues with creative block which can rarely be resolved by staring at a blank screen.

Take Care of Your Digestive Health

The life of a freelancer can often be stressful and is almost always fuelled by coffee. The bad news is that stress and coffee can be a damaging combo for gut health. Poor digestive health can have a knock-on effect on everything from the appearance of your skin to fluctuating weight and even your sleeping patterns. Be sure to eat a healthy diet and use products from Erbology.co to keep your energy levels up and your digestive health harmonious. Speaking of eating…

Give Yourself a Lunch Break

Yes, it can be hard to tear yourself away from your desk when you’re in the zone. Yes, it can be frustrating knowing that every minute you spent cooking and eating your food you’re not making money, but you can only get so much out of an empty fuel tank. Making sure that you take the time to eat can prevent the creative well from running dry while giving your brain a break will make you more productive in the long-term.

Take the Time to See Your Friends

This is important! Unlike your salaried friends, you don’t have the luxury of colleagues. People with whom you have an infinitely renewable source of banter and with whom you can engage in the kind of social repartee that is so important to your mental health. For this reason, it’s extra important that you maintain your relationships with your friends. This is something I make sure I prioritise.

Make sure that you don’t get trapped in the freelancer bubble.

 

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