Freelancing is on the rise - every day we hear about independent consultants, freelancers and people starting their own business. More than 60 million people in the US are now freelancing and we’ve seen a similar trend in Europe as well. But are freelancers happy?
All freelancers have one challenge in common: setting a reasonable hourly rate. Beginners in particular often have a hard time deciding their hourly rate. Read on to avoid making rookie mistakes when it comes to setting your freelance rates!
Whether you’re a freelancing guru or someone who has just started out on their own, the one thing you’ll need to keep in mind as you manage finances is a bank account. What, where, and how? We’ve got you covered! Read on to find out more about banking for freelancers!
Freelancers across the world, work with just one goal in mind – ‘to get paid’. In order to successfully do so, they have to pick the right option from several available payment methods. So what’s the best method to get paid as a freelancer?
What would a freelancer do without invoices? Absolutely nothing! Learning how to write a special invoice is a crucial skill for any freelancer. Not receiving the correct amount of payment or not receiving it on time is a problem many freelancers face. A good invoice is often the key to solving these problems.
It’s the bane of freelancing existence – getting paid late. At best, dealing with that wastes valuable time that could be spent working or enjoying your life. At worst, late payments mean that you’re unable to pay essential bills like your rent.
All freelancers (and anyone who has worked for a living, for that matter) have experienced the type of project that your client wants to be done yesterday. Can you relate?
Complications arising from payments (or lack thereof) are the most common problem that bog down members of the freelance community. Without an upfront payment strategy, a client could potentially leave you with a hand full of bills and no financial relief in sight. For this reason, it is critical that you establish a plan to secure payment upfront.