Freelance Work – Everything you Need to Know About

MBA

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Are you looking for freelancing?

  • If you are thinking of doing freelancing, then you may want some variety in your current job, or maybe you want to do some work according to your passion with your current job or maybe you want for money, freelancing comes into view with huge opportunities that you can grab and also earn a good income by just doing freelancing.

So here is some information about what freelancing is all about that you must know before going to do freelancing :

What is Freelancing?

  • Freelancing means working freely and independently for the company rather than working for 9-5 as a job. When you are looking for a part-time job also with your regular job, you can do freelancing for a company. Freelancing becomes a great option when you want more variety, to do something that you wanted to do but you haven’t been able to do that work in your current job. You can also pursue your passion in freelancing. There are a lot of opportunities in freelancing from which you can choose according to your passion or interests and at the same time, you can earn a lump sum amount by just doing freelancing.

How does Freelancing Work?

Usually, employers post about the job on websites that provide freelance work. If you want to do freelance work, then you can go to these websites and look for the perfect freelance work that fits your purpose or role according to your skills and abilities and you can apply for those jobs.

After getting many applications for the job, the employers select the person who is best fit for the job according to their qualifications and skills. 

Then selecting the best candidate for the position, they’ll reach out to you if you fit best and will brief you on all the details about the work, timeline, and the payment. 

At that time you can ask any questions if you have any doubt regarding the time limit, payment or anything else. You can also ask for more money if you think they are offering too little according to your ability and skills. 

After doing all the formalities, the employer will send you an official offer letter of the company at your mail address or by hard copy, offering the freelance work officially. 

Then, the actual work starts from here, you have to start work keeping in mind how you have to do that work and the deadline. After completion and successful submission of the work, your work will be checked if, it meets all the requirements or not. When it is passed by the employer, your payment will be made on that specific date mentioned in the offer letter.

Some Benefits of Freelancing

  • First of all, you don’t need to burden yourself with the task. 
  • You can work independently with flexible hours.
  • You can select the work according to your field of interest or passion.
  • You can charge more if you think you have the right skills required for the job.
  • You don’t need to spend 9-5 hours like a regular job.
  • You can take a break in between work whenever you want.
  • Freelancing is just like a type of self-employment so you are your boss in that work.
  • Freelancing is quick and easy to get started.
  • It’s affordable.
  • You can do freelancing with your current job.

What are the available jobs in Freelancing?

There are a huge number of opportunities if you are looking for freelancing. In almost every single domain, some jobs are freelancing. We are going to look for the jobs available in some domains here:

Software Jobs:

There are a lot of opportunities for freelancing in Software/App/web development which can be mostly project-based. Software jobs include :

  • Full-stack Software development
  • Front-end Software development
  • Backend Software development
  • Mobile App Development
  • Web App Development
  • Developing a single module of a software
  • Game Development
  • Automation
  • Scripting

Writing Jobs:

Writing jobs are very popular because everybody likes to read news, blogs, novels on the internet. And if you are looking for these kinds of freelancing jobs, you can easily find them on the internet, also you will learn how to create content on any topic or any specific domain from these jobs. These kind of jobs include :

  • Copywriting
  • Content Writing
  • Proofreading
  • Editing
  • Typing 
  • Ghost Writing
  • Technical Writing
  • Writing Blogs
  • Career Coaching
  • Newsletter Writing
  • Email Writing

Accounting Jobs:

Accounting and financial management jobs include the following :

  • Business Analysis
  • Accounting
  • Tax Preparation
  • Financial Planning
  • Financial Management

Data Science and Analytics Jobs:

Data science and analytics jobs are becoming very popular nowadays, as every company has some data to store or fetch the data from the database, and perform some operations on the data. And if you have a piece of good knowledge, then you can make more money from this domain by just doing freelancing.

Some data science and analytics jobs are :

  • Data Mining
  • Data Analysis
  • Deep Learning
  • Machine Learning
  • Data Visualisation 
  • Data Extraction

Sales and Marketing Jobs:

Like every company is selling their services or their products to the customers whether locally or internationally. Selling is a very profitable job. If you have the right skill of selling then you can earn as much money as you want to, by generating leads and selling products to them. Here are some freelancing Sales and Marketing Jobs which include :

  • Social Media Marketing
  • Telemarketing
  • Lead Generation
  • Insurance Selling
  • Selling Services
  • Email Marketing
  • Search Engine Marketing
  • Search Engine Optimisation

Customer Service Jobs:

In customer service jobs, you are required to have some good communication skills to deal with customer’s problems, to ask them their reviews about the company. Customer service jobs are mostly calling jobs in which you have to call them or receive calls from customers and handle their problems. Some Customer service jobs include the following :

  • Customer Support
  • Technical Support
  • Calling Jobs

Translation Jobs:

Translation jobs are very difficult jobs because you have to translate the whole text written in some language to another language which can be a foreign language or any technical language. But, at present time auto-translation tools are available in the market, so these jobs are very less or not available.

  • Legal Translation
  • Language Localization
  • Technical Translation
  • Foreign Language Translation
  • Writing Translation

Admin Support Jobs:

Admin support jobs are very popular jobs in freelancing in which you have to take care of all the formalities that come under administrative services like being an assistant of the administrator and handling all the work that admin needs to be done.

Administrative support jobs include :

  • Data Entry 
  • Virtual Assistant
  • Online Research
  • Order Processing
  • Administrative Assistant

Highest Paying Freelancing Jobs in India

What’s your purpose in Freelancing?

  • When you have selected your domain of freelancing and got the freelance work, then you may have got the details of the freelance project or work. You can also bargain for the amount if you think you can do better work on that project and you have all those skills that are required in that project. You have to complete the task assigned to you at a specific time.  
  • You have to submit your task before the deadline fulfilling all the requirements of the job.

How to start Freelancing?

This question is very interesting because everybody wants to start providing their freelancing services but they don’t know how to start freelancing. So here we are going to discuss how you can start freelancing.

You can find freelance work on different websites available on the internet. You can go to those websites and find suitable jobs according to your skills and knowledge and apply them, sharing the required details and your resume to the employer. 

You can also create an online presence of your freelance account on these websites and share your skills and qualifications in your profile dashboard, then if an employer is searching for a freelancer that fits best in you, he can contact you offering the job. 

Also, you can find freelance work on different job portals where the work is just project-based. Few sites of freelancing jobs include Upwork, Freelancer, and Peopleperhour that you can choose from.

How much can I earn as a Freelancer?

Usually, Freelancers get paid hourly, or at a fixed rate. 

And the charge is different for a different type of work. Employers set their rates by themselves according to the project like how much time is required to complete it and how much effort it will take to complete the project. Based on these, the employer sets the rates.

However, the pay can often be negotiated if necessary and will vary for different types of jobs. For instance, the general pay for transcription services may only earn $6-12 per hour, while software development roles may earn $80 or even hundreds of dollars per hour. So the pay scale is different for different roles in freelancing like regular jobs.

You can also set your rates according to your particular skills to get a good income of your expectation that you could earn as a freelancer. Using small business invoices and accounting software to manage your earnings and keep track of payments is also helpful.

What are the requirements to become a Freelancer?

Honestly, there are no criteria to become a freelancer. The main thing is that you should know the work in which you are applying for freelancing. You must satisfy the requirements of the skillset. 

First, gather some knowledge and skills according to your interest and then represent them on different freelance portals available on the internet. You just need to have the proper knowledge about the work. For instance, if you want to do freelance work for content writing, then you must have the proper information about the content that you are going to write. Also, you need to write the content which must be unique. 

So, it’s not so difficult to be a freelancer. Gather some knowledge and start doing freelancing jobs.

Why are people looking for freelancing?

So, yes, the question is very interesting because freelancing is getting more popular day-by-day. People who are working from 9 to 5 are also looking for freelance jobs. Another reason why people are looking for freelancing is because you are your boss in freelancing or it is just like a self-employed job. You don’t need to take a burden on yourself about the work. At the same time, you will earn money by providing services to the companies according to their requirements. 

In regular jobs, if you get holidays on weekends and you don’t want to waste that time taking rest all day long, you can apply for freelance work according to your interest and also get paid at the same time, so this becomes the second income of yours if you start freelancing with your regular job. 

Some people have passion for something and also have some knowledge but sometimes their job does not require those skills, so they can also provide freelancing services to employers for the work that they wanted to do in their regular jobs and can earn enough money from it. 

What are the risks of freelancing?

In Freelancing, there are both financial and health risks because if you start losing leads then it will impact your income and at the same time the company which is providing you freelance work will not provide more benefits like health insurance of the employee or any other benefits that you may get in regular jobs. So, if you suffer from health issues you have to spend from your income, the company will not provide any services like these in freelancing. 

The main reason behind these risks are, in regular jobs the company will buy health insurance from the seller in bulk and provide you health and more benefits other than your fixed salary but in freelancing the company will not buy any health insurance in bulk because it is project-based work or very limited time work. So they don’t buy any health insurance for you. And if you want to purchase on your own then you have to spend money from your income.

These risks are worth considering before you start freelancing. 

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Great Learning Editorial Team
The Great Learning Editorial Staff includes a dynamic team of subject matter experts, instructors, and education professionals who combine their deep industry knowledge with innovative teaching methods. Their mission is to provide learners with the skills and insights needed to excel in their careers, whether through upskilling, reskilling, or transitioning into new fields.
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