I’ve been thinking a lot lately about how my career has evolved from blogging and writing to becoming a serious work at home business. I don’t only write for a few clients here and there anymore. I own a full fledged blog network featuring several writers. In addition, I have clients who send me on business trips to promote their product or brand. This is no mere part time writing gig anymore.
Even if I wasn’t looking to take my career to this whole other level, freelance writers SHOULD look at freelancing as a work at home business. To approach it the wrong way could mean the difference between a few gigs here and there and a successful freelance writing career. Try looking at work with a business frame of mind. Instead of saying “I’m a freelance writer” say, “I have a freelance writing business.” Which do you think commands higher rates and more respect?
Some things to consider:
- Do you want to stay as a sole proprietor, or consider becoming an Inc. or LLC? ( a little more on these in an upcoming post).
- The way you approach the job application process and take on clients can make a very big difference if you apply as a business as opposed to a person.
- If you negotiate pay as someone with a work at home business as opposed to someone who is looking to write while the baby is sleeping, you’ll be taken more seriously and that means a better pay rate.
- Look into some free or inexpensive customer service programs for tips for a repeat clients.
- There are tax advantages to running a small business.
- Consider liability issues. Perhaps it’s better to be an LLC instead of a Sole Proprietor?
Freelance writing isn’t only writing. It’s a business. Do yourself a favor and research all aspects of your business. It can save you money, aggrevation and ensure you’re receiving the money and respect you deserve.
This post sponsored by Demand Studios.
Also don’t forget health expense deductibility issues — main reason I incorporated 17 years ago.
Very timely topic, Deb. I’ve got a series over at the Business Tips section of FWJ starting on Thursday, 9/24, that covers the types of business models (sole proprietorship, LLC, etc) too!
Look forward to your thoughts. LLCs weren’t available in Illinois when I incorporated. But if you can handle extra paperwork (I’m good at it), I believe corporate status provides a better business sense. And, as a corporate officer, you can fire yourself! 🙂
Thanks for posting this. I am moving from the “sporadic freelancer” to “real business” frame of mind. I have so many questions about licenses, taxes, branding, what’s important and what’s not. I’m looking forward to reading the Business Tips series Bob mentioned.