A start of a new year is always a great time for rethinking your career and making new plans. If you have been thinking about the move for becoming a full-time freelancer then this year is as good year to do it as any. But being a full-time freelancer isn’t something that you should take lightly and you need to prepare for it well.
Here are some of the things you need to know before you get started and some vital tips to take on board.
Finding The Right Clients
Hopefully you already have a few clients in mind before you start full-time freelancing. Knowing that you have some work waiting is essential in order to really make this step in the first place.
Make sure you look at freelancing sites like Odesk and Elance. These provide plenty of opportunities for freelancers in many different fields.
The key to a good client base is all about landing a few regular long-term clients and then going after all those occasional projects that usually end up paying a bit better as well.
You can find great tips for finding new clients from this Ultra Linx article. It is important that you start networking as soon as possible and that you keep your eyes open at all times. Don’t be too critical when it comes to work and clients at the start, as you never know the opportunities they might provide later on.
Once you create name in your industry you can start picking out the clients more carefully but at the start you often don’t have a lot of choice.
Keep Finance Management Top Priority
It is really crucial that you understand the basics of freelancer finances. This is one of the aspects that will require a lot of knowledge as well as time in order to make the most out of your new career path.
The first thing you need to know is all about pricing your service correctly. It is really important to get it right as the wrong pricing can really make or break you. At the start be prepared to work, not cheap but on the lower end of your income limit. This is because you don’t yet have enough experience to necessarily ask for really huge amount of money.
Set a monthly budget that you need to get in order to live comfortably. Then start looking for the opportunities and see what kind of work is out there. You’ll need to go for a wide range of jobs at the start but it will get easier.
It is also a good idea to consider looking for high-standard local accountants to help you out. You don’t want to spend too much time just managing your finances, so a professional accountant can be vital help for making the most out of your money.
As soon as you start earning, you also need to start putting some money aside. Your income can fluctuate a lot as a freelancer so you need to have some money set aside for the times when you aren’t making a lot of money.