Financial tips, tools, and advice for freelancers for setting income goals, pricing freelancer work, identifying business investments, budgeting, or diversifying the services offered to minimize risk.
Net 30 is a popular payment process that large companies all over the world favour. However, for some reason, it has now become commonplace for small businesses around the world as well. So how does this affect freelancers? Let’s find out!
Keeping an eye on one’s financial health is crucial for long-term success as a freelancer. In this article, we’ll take a look at efficient tips and tools that can help freelancers optimise their financial management and effectively utilise their resources.
As a freelancer, you’ll come across lots of different types of invoices that you can use to bill your clients. Initially though, invoicing can be a challenge for many self-employed people. In this article, we’ll cover the various important ones, from classic outgoing invoices to specialised small-value invoices, that will help you in your...
Often times, when people consider making the move to freelancing, one of the first lines of inquiry is whether they'd make more or less working on their own than in a typical 9-to-5 full-time job. So do freelancers make more money than regular employees?
Deadlines and due dates can get easily lost in a hectic freelance life. Knowing when and how to manage them can be the difference between achieving your desired results or falling short of them. This article will provide an overview of the most important due dates and tax deadlines for freelancers working in Germany, which will help you stay on...
Freelancers, especially at the beginning of their career, are very reliant on cash flow – how much money comes in and how quickly it does so. This is a factor that will make or break businesses. One of the ways freelancers can speed up their cash flow is invoice factoring.
Every company invests time and resources in understanding their finances. They know exactly where their money is, how they should invest, what costs they should cut on, etc. A good financial plan for freelancers should be part of your strategy too, but it can be an overwhelming task. Because let’s face it, money management and financial planning...
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!
As someone running their own business, insurance is definitely something you should consider. Whether you want to protect your equipment, your work itself or against any potential injuries, there are tons of freelance and self-employed insurance options out there. However, what do they all mean and do you actually need them?
Being a freelancer may come with a lot of perks, but unfortunately, an automatic workplace pension isn’t one of them. While employees at a company can sign up for their company’s pension scheme, freelancers are in charge of arranging their own pension and putting aside money to contribute towards their future.