In other words, it is a time for new and exciting opportunities. That's when many people will look back at his career and wonder: is now the time? Is now the time when I should become a Freelancer?
START WITH YOUR IDEA AND A BUSINESS PLAN
First of all, you need a clear idea and a business plan for your freelance career.
Thinking of building your self-employment career on something you've been doing in-house for a while?
Or are you trying to open up to a new field? If it's the latter, you might consider trying it as a 'side job' for a while. Either way, test your idea on family and friends. And if it gathers there, try it on other freelancers. Consider joining some freelancer networks to offer people who have been working for them for a while. Try this with business contacts too: would they legally hire someone like you to contract for them? Or, see if you can do a professional bond project or side collaboration in your own time for some experience.
Once you've clarified your path, you need a business plan. This need not be a very detailed 5 year plan , but it should be clear and well thought through . Ideally, it should be a 2-by-1 pager outlining the basics and some professional and personal goals in the short to medium term. In it, as a freelancer, this is all you need to handle.
PRIORITIZE QUESTIONS, OBJECTIVES AND FLEXIBILITY
You will need your business plan to be malleable: you will need to keep coming back to it and updating it. You still think about your professional goals from the very beginning. From personal growth and events you want to talk about, to your earnings goals and the types of customers you want to build relationships with.
THEN ATTRACT THAT VERY IMPORTANT FIRST CUSTOMER
So, you have a field for your career and you have an outline business plan; but is there really a market for your business?
The best way to find out is to network. Get yourself outside and potential a
try to connect with the customer!
Obviously, networking practices have changed due to the pandemic and it is not yet clear how things will shape up afterwards. But the principles are the same.
If you're going to be freelancing in an existing career, the best place to start is probably with your current job contacts. Do they have connections looking for a service like yours as a freelancer?
NOW, SET YOUR FEES AS A FREELANCER
When you start with customer connections, the next tough question to answer is: how much should you charge for your business?
When you're starting out, keeping the price too low would be a cautious approach since you haven't been freelancing for a long time. This can actually be harmful in ways you might not expect. Low prices? Customers may think this is poor quality, bad work.
If you cannot determine a price for your own work, do a price survey of the work you do from the market.
TRY THESE TIPS ON HOW TO SET YOUR PRICE
You need to set your price based on what you can realistically want, what your potential earnings might be, and the minimum profit you need in your first few months. Here are a few things you can try to get your full costs and fees:
If you come from an employee job in your field, try splitting your salary as a daily rate: is it a fair price? Does it cover your early costs? Does it meet your profit targets?
To get an idea of the attendance rate, try to get a cost from an agency that offers similar services to you. These will likely include overheads and a certain level of work, but will give you a good idea of the competition.
Check your contact book for anyone that can give you an idea of the toll rate your target client level pays for freelance/contract work.
Consider the different factors in the work - you'll find that there are some clients offering more prestigious jobs and clients with more challenging projects that can help put you on the map. Include all of these in your pricing.
Consider how you want to structure your pricing based on the type of business. For example, if it's more than three months of regular work, a day's wage is probably the best way to go. However, if it is a short-term special project, it may be best to look at a price linked to general delivery.
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