Which Business Structure Maximizes Your Freelance Tax Benefits?

When forming any business, it’s important to consider the legal formation of the business early on. In freelancing businesses in particular, there are specific tax ramifications to the legal business structure that you select. This is particularly true in the U.S., and may be true elsewhere as well. There are three main types of legal forms of business to consider when starting a freelancing business. These … [Read more...]

The Easy Way to Start Freelancing: Keep Things Simple

If you have been trying to launch a freelance career in any genre, you have probably felt the sting of an oversaturated market more than once. There are so many people out there vying for jobs, many of them lacking skill but snatched up because of their ridiculously low price. While the buyers who try this route often have to learn the hard way that this is the wrong road, it doesn't help you in the meantime. … [Read more...]

Why New College Grads Should Consider Freelancing as a Career Choice

Your university days are over. Gone are those structured, hard working (sometimes), but overall sheltered, days as a student. Making it in the big wide world is a daunting prospect for anyone, but in these tough economic times the difficulties and hurdles facing new graduates are bigger than ever. With rising student debt, youth unemployment and cutthroat competition for the small number of jobs available to … [Read more...]

The Holistic Freelancer

What makes you the freelancer you are? (Hint: it's NOT what you think it is.) While it may be tempting to look for a simple, single factor that always leads to freelancing success, the real truth is that all freelance success is due to the sum of many parts. There's no single path to freelancing success (and this can be frustrating). As I've said before, what works well for one freelancer may totally bomb … [Read more...]

The Great Freelancer Pricing War

It's a war out there--or at least it can feel like one when it comes to the prices freelancers charge for their services. If you've ever had a client balk at the price you are asking for your work, then you can probably relate to this post. The purpose of this post is NOT to tell you how you should decide to charge your clients or how much you should charge. There are plenty of posts out there for that … [Read more...]

7 Steps to Leaving Your Corporate Job

So, you want to leave your corporate job and become a freelancer, but you just can't seem to get started. You're not alone. Many employees actually wish that they could leave their job. Some of them just aren't sure of the best way to go about doing it. In this post, I list seven simple steps that you can take to leave your corporate job and become a freelancer. … [Read more...]

Finding a Mentor–A Freelancer’s Simple Success Secret

Is there a shortcut that freelancers can take when they are starting out to lessen the learning curve and achieve their goals more quickly? You bet there is! It's called...finding a mentor. A mentor is a more experienced freelancer or other professional who you can turn to for guidance and who can answer your questions about freelancing. Although there are many benefits to working with a mentor, … [Read more...]

The Mathematics of Freelancing

Whether you liked math in school, or not, there is a basic mathematics in freelancing that determines whether you succeed or fail. If you're a freelancer, it's vital that you get this math right. In this post, I'll identify some specific areas of freelancing that are affected by math. I'll also ask you to share your own stories. … [Read more...]

10 Differences Between Freelancing and Running a Brick and Mortar Business

If you freelance, are you running a business? Unless your freelancing is a hobby, the answer is yes. Whenever I mention that I own a small business most people think of a traditional office space. They tend to ask where my office is and get a bit confused when I answer "at home." Those who are new to freelancing or have never freelanced at all may not realize some of the differences between a brick and … [Read more...]

Why Freelancers Really DO Need a Business Plan After All

I recently came across this post here on Freelance Folder. I must say I have to disagree with the idea that freelancers don't need a business plan. My disagreement isn't malicious nor do I have the intent to offend. But the fact is that I wholeheartedly believe that freelancers DO need a business plan. In this post I'll explain why. I'll describe some of the advantages of having a business plan and … [Read more...]