employed --> freelance

Out of context: Reply #10

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  • edd-e0

    freelancing can earn great rewards financially. be smart with your earnings and take care of your receipts. collect everyone you can for everything you purchase and that means even going to the movies, every receipt.

    in the beginning it can be a rough learning curve in figuring how and what ou must now accomplish.

    getting new clientele and keeping them not only happy but excited to see whaere and what you come withh next.

    networking as much as possible.

    get everything in writing, be professional.

    Time Sheet Templates
    http://office.microsoft.com/en-u…

    Invoice Templates
    http://office.microsoft.com/en-u…

    Freelancing Templates
    for Starting new
    http://office.microsoft.com/en-u…

    save all your work on disk at the end of everyday. you never know when the client ends a job. be smart, its your work and you may never get a second chance to retrieve it.

    create contracts, get an accountant, basic first thing you must have.

    ask that account all the ins and outs of freelancing "LOOP HOLES" yes there are quite a few in your favour if you are smart.

    learn to estimate your future earnings quarterly and pay your taxes. if you under estimate you will be penalized...dont fall under that position. if you msut always over estimate, its always dope to get money back rather than struggling tryingto figure it out on how to paay it off.

    as a freelancer try to take out 40+% per pay check you receive for the taxes. it higher than it should be but it will keep your base more solid than being on a smaller points scale.

    keep a record of every penny you spend and try to really come up with a balance plan just in case work does not happen, do you have a plan b or c or d?? look forward to these obsticals as they will happen.

    good luck!! new years means new opportunities!!! take them and work it in your favour!!!

    :)

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