Want to make some side income or jump into freelancing full throttle but not really sure how? Don’t worry you’re not alone. Lots of people come to us every day asking how to turn their passions into businesses because they’re not sure how to do it successful. For many(like our CEO, Stephanie)freelancing is something that is forced upon you after a job loss. For others, the journey to freelancing can be a bit more intentional because you can start your new endeavor as a ‘side hustle’ while still working a 9-5 or even a part time job before you jump into full time freelancing.
So you’re wondering, how do you get started freelancing? What are the steps you need to follow? Here are some questions that many new freelancers may ask:
1. Do I have to “officially” start a business?
Not necessarily. You don’t have to start an LLC to begin freelancing or to get paid in most states; however, doing things the legal way has some benefits such as:
- It protects your personal assets if you get sued
- It protects your personal assets if you default on loans
- It allows you to set up a business bank account, which makes invoicing, keeping track of deductible expenses, and taxes simpler.
2. Will My Current Employer Let Me Freelance?
Probably or probably not. Many companies encourage you to have work-life balance while others exclusively forbid working on outside projects within your employment contract. In most cases, as long as your freelancing doesn’t interfere with your full time job you should be okay.
3.What’s the difference between freelancing and full time?
Most newbies go into freelancing expecting that clients are just like mini-bosses. In fact, the relationship between a client and you is very different than the relationship between your boss and you at your day job.
Freelancers have a certain definition that is protected by the Department of Labor:
- Freelancers can work where they want
- Freelancers can work when they want (obviously deadlines are good, but the client can’t tell you that you have to work 11am-2pm)
- Freelancers have the right not to be micromanaged. If the client is hiring you as a freelancer, they shouldn’t be training you extensively or giving you exact instructions about how to complete your work. A freelancer should be treated as a valuable outsider, not as a low-level intern.
- Freelancers have the right to take on any additional clients they choose.
4. Do I need a Portfolio?
Most job postings or referred clients will ask to see your portfolio depending on the work you do.
Want to learn more about freelancing? Tweet us @BlackGirlGroup