When it comes to freelancing, it is essential that as a freelancer, you not only know how to handle your business but also manage it. This is an aspect most freelancers deal with. Working as a freelancer is different from running the service as a business. When you handle your freelance service like a business, you would be able to keep a good track of the things you do in the business, have a plan and goal you intend to achieve, and map out the steps to achieve your goal. Below is a detailed explanation of how to manage your freelance business
Vision
In every business, the first thing to determine is the vision. What exactly is the reason you are going into freelancing. Are you doing this for financial independence? Do you really think your skill is marketable? Do you want to start as a side hustle or a full-scale business? How much time and effort are you willing to dedicate to your side hustle? Do you intend to run the business daily or on weekends? These are some of the questions you must figure out to get a clearer understanding of how you intend to run your freelance business.
Understand the market
Who is your target audience in your freelance business? How do you intend to reach out to them? What is their expected result? How much do you think they are willing to pay (though this criterion alone should not be used as the only determining factor to set your price. Your level of expertise and the service you are selling play a huge role).
Have a freelance goal
The next step to consider in your freelance business is the goal. Set a five-year plan or goal to determine where you intend to see your business. Next, create a plan on how to achieve your goal.
Be careful of your financial expenses
Because your freelance business is not a monthly or weekly kind of service, it is often difficult to calculate how much you earn and how much you are spending. Sometimes you find out that at the end of the month you spend more than you earn. As a result, it is advised that as a freelancer, keep track of your expenses and income. You can start by writing out your expenses and income. This would help you know how much you spend and what you spend the money on.
Network, network
The key to growing in your freelance business is networking. The more you let people know what you do, the more your client increases. Networking is the key to landing clients as a freelancer. One of the platforms you shouldn’t joke with when it comes to freelancing is Bixex. Though a recent platform, Bixex is a place every freelancer that aims to progress should be.
To get started simply download the app on Google or Apple Play Store or visit www.bixex.com
Bixex is simple, safe, and secure