The Beauty and the Risks of Being a Freelancer

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What is a freelancer?

What do you understand by being a freelancer or simply a freelancer? A freelancer is a person who works from a remote location and can handle various tasks

without the need to be physically available in an office in order to take orders. Most of the freelancers are always in a position to work with diverse clients who have different tasks while ta

king into consideration the attractiveness of offered given. Freelancing is therefore a job but not all people agree with the fact that it is a job because there is no direct contact between an employer and the employee. Being a freelancer comes with both advantages and limitations just like any other job.

Advantages of being a freelancer

It is possible to work from home or from a remote location.  A freelancer such as a mobile barber, hairstylist, cosmetician or nail specialist can work from home or from a client’s home. This is one of the advantages as one does not need to relocate to where his/her employer is based. This is basically being able to work from home. Being able to work from saves one’s time, money and the best thing is that one can raise a family since he/she has an opportunity to cater for their parental needs at any given time. Working from home has also ensured that a person concentrates on work projects ordered by the clients without wasting time through movement and other issues experienced when working from an office.

Freelance payments in some countries are not taxed

Freelance payments in some countries are not taxed. In United States, the Internal Revenue Service (IRS) considers freelancers to be self-employed.  If you earn income as a  freelancer,  you must file your taxes as a business owner.

 

is one of the advantages of being a freelancer. In some countries, freelance proceeds are exempted from taxation. With such an offer, most of the freelancers have made a fortune out of it. In the event that pay as you earn (PAYE) is not deducted from salaries or incomes accrued from freelancing, there is an opportunity for one to attain a quick or gradual economic stability. It should be noted, however, that some of the countries have applied tax as far as freelancing is concerned. These taxes are lower as compared to other types of earnings. This is one of the beautiful things about being a freelancer.

It allows on to take tasks from various fields

A freelancer is a person whose abilities in various subjects or fields can be tested tapped and put to use. It is uncommon to find a freelancer who is good as blog article writing as well as academic research writing. This is different when it comes to corporate world where one is expected to work based on one specific field of specialization. This is where is expected to specialize in specific tasks. For instance, if you are a data assistant, then the company will expect you to do exactly that and nothing else. A freelancer is free to declare other abilities and talents as far as various fields are concerned.

Who is well fit to become a freelancer?

Not all people can become freelancers because of a number of reasons.

The first reason is that freelancing is only for those who have passion about it and about working from a remote location. It is common to find people wondering about how they can be confined within their homes; clued on their sits in the name of working from home. On the other hand, some people love working from the comfort of their houses without necessarily moving from one location to the other. In that case, a person who is passionate about freelancing is fit of being a freelancer.

Secondly, a person who can be able to meet strict datelines is fit of being a freelancer. Freelancing is all about meeting datelines rather than just being in an office and waiting for time to go home. Most of the clients expect freelancers to deliver orders within the agreed time span. This is something that not all the people can do because some people are very poor when it comes to time management and attaining their tasks objectives within a given timeline. A freelancer should be that person who is able to work independently with a great investment of personal discipline and drive.

Risks of being a freelancer

There are two main risks of being a freelancer. The first risk is that some clients may take advantage of freelancers by cancelling tasks at a point when they are about to be completed. When this happens, the main loser is the freelancer and not the client. To mitigate such risk, there must be a mutual agreement (such as cancellation policy) between the client and the freelancer. Such an agreement should hold until the completion of the tasks associated.

Secondly, freelancers are at risk of scammers. Scammer are those individuals who uses various tricks in ensuring that freelancers work for them without pay. Since there is no way in which freelancers can make clients pay even when the job was well done! This risk can be mitigated when freelancer joins platforms like Indulge Now, which gives freelancers the opportunity to know their client before accepting an appointment request.

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