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Introduction
The allure of the traditional 9-to-5 job is fading in today’s economy. As the benefits of remote work and freelancing become more apparent, the trend towards self-employment is growing. This trend isn’t just about breaking free from the cubicle; it’s about capitalizing on high-demand skills to create a thriving online business
What is Self-Employment?
When you are self employed your ability to earn an income is one of your most valuable assets that you have and a certified financial planner will discuss your options with you.
Handling Taxation
Another key issue for the newly self-employed is taxes. One thing to know is that you will probably have to make staged tax payments several times a year.
As an independent contractor you may find that many of your business expenses are deductible. You can find more information about this through this self employment guide and others.
But while you’re waiting, keep track of everything from utility bills to receipts for meals with clients.
Hire an accountant (the best option) or use one of the many free online bookkeeping and invoicing applications to help you keep your finances straight.
I have personally found that using my bookkeeping software is one of the major time saving tools that I have, but I also got the advice of an accountant and I followed his advice as to which software to use.
Getting Freelance Work
Apart from the issues of health care and taxation, your main concern as a self-employed person is how to get clients, and that’s how this website can help you.
Browse through this freelance work guide website for tips and advice for freelancing your skills. You can find a full list of the pages on our website on our sitemap page.
If you are already established in your field then you may already have lots of contacts who can provide you with work. Perhaps your old firm would like to subcontract some work to you.
If not then the best thing you can do is to network both online and off-line.Get yourself a website which will serve as your virtual shop window but don’t forget to promote yourself in real shop windows as well.
These three tips provide a good self employment guide for getting started.
Have Great Self Employment Ideas and Stories to Share?
Do you have a great story or ideas to share about self-employment? Share them here!
