Wednesday 6 November 2013

How To Set up a Freelance Business

Freelance business has gained tremendous popularity. Freelancing has long been recognized as a reputable profession, and freelance workers are sometimes valued more than regular, permanent staff members. With the Internet’s help, freelance opportunities are plentiful. More people are able to work at their homes and more companies and organizations are able to contract out their projects instead of hiring regular employees. Freelancing full-time or part-time is a career choice, and freelance businesses offer plenty of opportunities and benefits.
Benefits of freelance business
  • Unlike part time jobs, like babysitting on weekends or doing some hours at the local movie house after work, freelance business allows you to practice your profession. This way, you are able to use what you are already doing in your regular job.
  • Freelancing also affords the person more free time compared to other side jobs. This is because freelancing does not require the person to render a specific number of hours. Jobs are often per project basis. The schedule is given at the start of the contract. It is up to the freelancer to manage or budget his time so that he can finish the job on or before the deadline.
  • Another benefit about freelance business is that you can freelance without being physically present. The World Wide Web and the speedy transfer of data allow people to telecommute. You can do the transactions over the Internet. You can  live in Africa and freelance for a company based  in the United States.
 Starting a successful freelance business
1-Take a self-assessment test.
List all of your skills and experiences. Include your hobbies and interests; doing this will determine what types of freelance jobs you can handle. Do you have some website design skills? Then perhaps you can freelance as a website designer? Do you have some writings skills? Then you can apply as a blogger
2- Establish Your Contacts
The second thing you have to do when starting to freelance is to establish contacts with potential clients who are in your industry.Establishing contacts not only means to get their contact information, but you also have to make sure they remember you by establishing good rapport with them.How can you do so? In the internet there is a number of reliable freelance websites that will help you to establish contact with your prospective clients; these websites provide a list of jobs from individuals or companies around the world who wish to outsource these jobs.They have an escrow system(it is a secure means of payment that enable the freelancer to receive the payment from  the client); these freelance websites are intermediary between you and the clients; they will never allow you not to be pay for a job you have done for someone or a company.
3- Avoid Conflicts
Although there is no law against freelancing while being employed by a company (unless it is stipulated in the contract you had signed when you were hired), it is still important to consider ethical points before accepting a freelance job.One of the things to look into is the conflict with your company and the freelancing assignments that you are hired to do by another company. It is ethical to refuse freelance assignments from companies that directly compete with the company you are working for as an employee. . As much as possible, stay out of the industry that you are in and only accept jobs that are for a different industry If you have to do it, make it your sideline job first and then gradually ease out of your regular job if the pay is enough to support your monthly expenses.
4- Build A Solid Reputation
Make sure you do every job well. Remember that freelancing is a job that relies on the assignments given to you by others. Unlike a regular job where you have a steady income and a fixed number of hours, with freelancing, the work is anything but stable! You have to compete for every job. For this, you need a solid reputation to see you through. Many established freelancers who earn steady income build their freelance business by referrals and repeat job orders
5- Start Small
Freelancing does not mean you have to leave your work and be a full-time freelancer. You can actually manage your freelance business on the side while still earning a steady income with your regular job. Try to estimate the costs of a project if the client were to award it to you. Keep in mind the number of hours or days it might take you to complete. What would you need to charge for an hourly rate? When you have done this, you will be able to determine how much you could potentially earn.  Once you have confirmed that the projects have been awarded to you, use a table to plot specific data about them. Write down all the information about these projects such as contact persons and their contact details and number of days to complete the projects.
6- Recommendations
 There are a number of reliable freelance websites that will help you to start your  freelance business. Register with these companies,they will provide you a password that will give you access to their membership area, where all information are provided on how to bid on a project ,the different methods of payments, etc. You can earn a considerable amount of money in the freelance business; it may be challenging at the beginning,but rewarding.Note that there many freelance websites that are not genuine; they will not pay you for the job you have done.
Therefore from our experts we recommend the following website: www.gofreelance.com; CLICK HERE TO MAKE THE STEP THAT MAY CHANGE YOUR LIFE. It is a reliable freelance website .You will not be disappointed; freelance business is lucrative ,although challenging.Also obtain a sound computer system with internet connection; You can obtain these by clicking the following link:

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