So, which advice is right? Do freelancers need a business plan or don’t they? In my opinion, both opinions are correct.
While not all freelancers need to have a formal business plan like the kinds that you would take to the bank or to investors, all freelancers do need to engage in some sort of business planning. That’s just part of running a business. (However, do keep in mind that if you do plan on going to bank for a business loan, selling your business, or going public with business–then a formal business plan will most likely be needed.)
In this post we’ll go over the four essential elements of business planning that freelancers can’t ignore (even if they choose not to use a formal business plan). My goal is to streamline the process and make it easy for most freelancers.
Posted December 6, 2011 in News
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Posted December 5, 2011 in How-To
But for others, downsizing is a choice.
A simple lifestyle, including a simple freelancing business, gives you more focus. Because simplifying tends to cut down on distractions, you may enjoy higher productivity. A simpler lifestyle also tends to be less stressful and more financially sustainable.
In short, simplifying your freelancing business and the rest of your life will give you more time and energy for what’s really important to you.
How can you simplify your freelancing business? Below, I go over several areas of your business that you can examine and simplify:
Some people want to increase their earning potential. Some people want to start an empire. Others are simply looking for a way to spend more time with friends and family. Still others may start freelancing for an entirely different reason.
Every freelancer has a set of goals that is unique to them. The beauty of freelancing is that with a little talent and a lot of hard work, it’s likely that you can achieve your goals as a freelancer.
That’s why today we’re asking you about your unique set of goals. We’d like to hear:
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