Uneasy about the economy, some small U.S. businesses hold off on hiring, tap freelancers

Kaben Clauson, poses for a photo at his TruePublic office in Chicago April 4. Small business owners like Clauson are wary as they see signs of a weaker economy have been scaling back hiring in recent months and finding ways to get work done without new employees. Clauson had planned on taking on full-time staffers, but partly because of the economy decided against the added risk. | AP NEW YORK – Samantha Martin does most of the annual hiring for her public relations firm in the first quarter. But not this year — clients worried about a slowing economy are cutting their budgets, and Martin has in turn scaled back her own plans. “Our clients are having trouble getting funding and therefore public relations and marketing are the first to get cut,” says Martin, owner of New York-based Media Maison. If Martin’s firm has more work than her current staff can handle, she’ll hire freelancers who work by the hour. Hiring on a project-by-project basis removes the potential of having to lay anyone off. Small business owners who are uneasy as they see signs of a weakening economy have cut back on hiring in recent months and found ways to get work done without adding employees. The latest evidence of a hiring slowdown came last week, when payroll provider ADP said its small business customers created just 6,000 jobs in March. February’s tally of 19,000 new jobs was also weak and down sharply from January’s 98,000; ADP’s small business numbers also fluctuated throughout 2018. The report, as well as the most recent jobs report from the Labor Department, clearly shows that small business hiring has lagged behind job creation at larger companies. Small business owners, especially those who learned hard lessons from the Great Recession about overstaffing, are playing it safe. While a Capital One survey also released last week showed that 29 percent of 500 small business owners planned to hire in the next six months, that was down from 33 percent in a survey six months earlier. Of the owners who don’t plan to hire, nearly 30 percent said the economy is making them too nervous to spend more on staffing. The Capital One survey was in line with other surveys taken during the first quarter. The economy is widely expected to slow this year, starting with the recently ended first quarter. Economists surveyed by financial information provider FactSet estimate that gross domestic product grew at an annual rate of 1.6 percent from January through March, down from 2.9 percent in all of 2018. TruePublic’s last four hires were part-timers. CEO Kaben Clauson had planned on taking on full-time staffers, but partly because of the economy decided against the added risk. “We could hire those people full time now — we have the money to do so — but it would give us only six months of a cash cushion,” says Kaben, whose Chicago-based company conducts online surveys. “We’d feel more comfortable with a year’s cushion.” Clauson’s […]

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Succeed in Freelancing Beyond Technical Skills

The freelance world is tough. When you’re a new freelancer, it is quite difficult to know where to start and there will be a hundred questions going over your head. “Will I get a stable amount of income every month? Should I treat it like a business? Should I quit my day job? Where do I find clients?” These are a few of the many questions that plague freelancers. Whether you work in software, application development, gaming, digital marketing, and others, you will need more than just technical expertise. Aside from your what you know in your chosen industry, these are other essentials that will help you succeed when you venture into freelancing. Have your own website Since freelancers get most of their work done online, a solid portfolio is important. Your portfolio acts as your digital resume for potential clients and employers to see. That way, they can decide if you have the credibility to work with them. Beyond social media pages (which I find quite informal), you should have a website which is basically your real estate space online. Moreover, having a website seems more professional and put-together when it comes to showcasing yourself. Here’s what your website portfolio should have: About page (which contains an overview and relevant experience) Evidence of previous projects Clients you have worked for Blog for industry-related articles Client testimonials Case studies Results Having a website these days is really easy even without technical knowledge. For a basic website, you can now easily create a free website using a website builder without any coding know-how or monthly fees. Know How to Network No, this isn’t the kind of networking where you recruit people to join your networking company and sell the company’s products. The networking I mean here is to make connections with other freelancers, founders, and employees. Now you may ask, how can a freelancer do that? Working as a freelancer means that you will mostly be working at home or at your own individual office space. Though you won’t have any workmates, take advantage of meet up groups and networking events in your area. These people you meet might lead you to opportunities, projects, clients. You can also exchange new knowledge with your network and talk about the disruptions and innovations in your industry. You can attend professional meet up events or meet ups that are within your interest. There are even meet up groups specifically for freelancers. You can find them through your chosen freelancer platform community forums, Meetup.com , or social media sites. Be Adaptable Perhaps the most important soft skill in freelancing is to be adaptable. As a freelancer, you will be dealing with different tasks. Whether it be your clients, your projects, work dynamics, forms of technology, or information, the ability to adapt is crucial to your success. You will have different projects with various clients and each of them will have their own work requirements, personalities, and deadlines. It is up to you to adapt […]

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A Freelance Job Market Is Moving Its 700,000-User Web 2.0 Business to EOS

Over 700,000 user accounts from a freelancing website are moving onto the EOS blockchain. Moonlighting, a marketplace for freelance professionals launched in 2014, has taken on a $5 million investment from the FinLab EOS VC fund, a joint venture of FinLab AG and Block.one. The investment will be used to grow Moonlighting’s user base and to integrate its existing infrastructure with EOS. “We have been exploring blockchain protocols since the end of 2017 and chosen EOSIO due to its ability to scale transaction processing, maintain low transaction costs and enable ease of user account management,” Moonlighting CEO Jeff Tennery told CoinDesk. Stepping back, Block.one raised an estimated $4 billion in a yearlong initial coin offering in 2018, using those funds to develop the EOSIO software on which the EOS blockchain is run. Block.one also invested in funders who would support applications meant to run on the new blockchain, most famously in Mike Novogratz’s Galaxy Digital . The FinLab EOS VC fund is a similar effort. “We believe that Moonlighting contains the three key traits you look for in a decentralized application: real customers, real traction and a bona fide use case for blockchain technology,” Paul Grotowski, COO of EOS VC, said in a press release. Germany’s FinLab AG has been investing in financial technology since 2005. FinLab board member Stefan Schuetze said in a release that people at his firm “believe they will be one of the early winners to validate blockchain.” Blockchain freelancers Integrating with Web 3.0 technology is a strategic shift for Moonlighting. “We decided that we want our users to be able to port their profile to any platform and provide them a simple way to use their Moonlighting profile wherever they chose to use it,” Tennery said via email. “The gig economy is so fragmented, and our plan is to let freelancers control the use of their profile and provide a single sign-on, aggregated gateway.” Critically, however, the company is not copying all of its data to the blockchain in plain text. Instead, it’s securing the data using hashes that still rely on Moonlighting’s centralized database to decrypt. “The hashes on the blockchain provides audit-ability and validity to our freelancer profiles maintained off-chain,” he said. This is important because the company plans to use this funding to increase its validation of profiles, for example by authenticating freelancers’ various training certifications. Said Tennery: “This funding facilitates implementing our blockchain plans to be the Oracle of Profiles in the freelance economy.” It’s not Moonlighting’s first foray into crypto. The company considered , but never conducted, an initial coin offering in mid-2018 to help facilitate faster payments. “Too much scrutiny last year,” Tannery told CoinDesk. “Plus EOS VC preferred to invest in traditional equity.” Moonlighting co-founders photo (left to right: Roy Slater, Ritesh Johar, Jeff Tennery) courtesy of the company

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Freelance Websites For Beginners And Professionals 2019

Do You know about Freelance website? if you don’t have any knowledge regarding this then must this article. Here we are talking about Internet websites where you can work and earn money. It is a platform where workers can efficiently run their own business. It is not permanent employment, and you can say it is your own professional independent business. If you have a passion for a writing job, the freelancing is the best way for you where you can show your writing skills. Moreover, it is best in other ways as well as if you have any employment issue, then you can solve it by online working. Today we will guide you about some freelance websites from where you can start their own business quickly. Moreover, we will tell you about usability, affordability, and flexibility of every site. Even though, you can learn easily, if you are a beginner or not a professional freelancer. So, let’s start with key features of every platform from where you can take your online business startup. Why is Freelancing best? The freelance system is an excellent solution for many employers. You learn so much by this and improve productivity in their operations. Meanwhile, freelancer work is also the best way to earn because there are no fixing hours of work. You can work in flexible hours so that you can fulfill the task according to terms. Freelancing websites offer part-time as well as full-time jobs where you can grow professionally. Furthermore, it is a set of different skills like writing, designing, making the gig, poster making, etc. It has become a convenient work, and from the last few years, it is increasing day by day. According to Nation 1099 2018 Survey , 41.8 million young Americans work in the gig economy as an independent individual. According to this U.S report, freelance work called ” The future of Work.” Image Source: Results from the Nation1099 Survey Fiverr Fiverr , one of the most popular and beneficial freelance service for beginners and professionals. It is best for entrepreneurs mind persons because it helps to find out and complete a wide variety of short and long terms projects. Employers can get here affordable and skillful projects on Fiverr. There are a lot of services available such as Graphics & Logo Designs, Digital Marketing, Video & Animation , Writing and Translation, Music & Audio, Business, Technology, lifestyle. It is free service no charges required for joining. So, you can go right to the search bar and do search the online marketplace. On Fiverr website, jobs are categorized so that no difficulty to face reaching on your required field. On Fiverr, you can improve your skills and stream your doing list according to budget. Click Here: http://www.fiverr.com Moreover, You can find the service which matches your goals and provide the best services. For acquiring premium tools of Fiverr, you have the option of a single enterprise pricing plan which starts from $5 per job. Why would we […]

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Global Freelance Management Systems (FMS) Market Comprehensive Analysis & Business Growth 2025

ResearchMoz present a comprehensive research report namely “Global Freelance Management Systems (FMS) Market Size, Status and Forecast 2019-2025” which reveals an extensive analysis of global industry by delivering the detailed information about Forthcoming Trends, Customer’s Expectations, Technological Improvements, Competitive Dynamics and Working Capital in the Market. This is an in-depth study of the market enlightening key forecast to 2025. Freelance Management Systems (FMS) provide a centralized repository for hiring, project, and payroll management for businesses employing freelancers, contractors, or independent consultants. Freelance management systems oversee the entire freelancer relationship by finding a freelancer to measuring their performance. This software provides effective freelancer screening and hiring features, onboarding solutions, work collaboration management tools, and organizes freelancer payments, expenses, and contracts. Click the link to Get a Free Sample Copy of the Report: https://www.researchmoz.us/enquiry.php?type=S&repid=2235597 This report focuses on the global Freelance Management Systems (FMS) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Freelance Management Systems (FMS) development in United States, Europe and China. The key players covered in this study Spera Upwork Shortlist Contently Skyword Bonsai Kalo Freelancer Thrive Solo Pipefy WorkMarket (ADP) Guru OnForce CrowdSource TaskRabbit PeoplePerHour Fiverr Expert360 Market segment by Type, the product can be split into Cloud Based On-Premise Market segment by Application, split into Large Enterprises SMEs Market segment by Regions/Countries, this report covers United States Europe China Japan Southeast Asia India Central & South America About ResearchMoz ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. For More Information Kindly Contact: ResearchMoz Mr. Nachiket Ghumare, Tel: +1-518-621-2074 USA-Canada Toll Free: 866-997-4948 Email: sales@researchmoz.us Follow us on LinkedIn @ http://bit.ly/1TBmnVG Blog: https://studyanalyst.blogspot.in

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How to Turn Your Writing Passion Into Your Next Career

Melissa is a mother of 2, lives in Utah, and writes for a multitude of sites. She is currently the EIC of HarcourtHealth.com and writes about health, wellness, and business topics. If you love writing, you can make it as a full-time career. Unlike in the past, it’s now possible to earn a good flow of income by becoming a writer because of digital technology. While automated machines or software programs are now available, nothing can still mimic human intelligence in formulating good content, and the demand for writers is increasingly growing. Writers are in-demand to create web content and digital products for both e-commerce and physically established businesses. In this post, you’ll learn how to turn your passion for writing as a career. Step 1: Get Certified You probably know your niche and writing skills, but these things are not enough to make money in the writing industry. You have to be abreast with the latest demands and specific skills required when writing content by continuously improving yourself and getting certified, such as taking a business writing course . By learning how to integrate digital marketing technology to writing content, you’ll open more opportunities for yourself because writers are urgently needed in creating web content and digital products. Also, you can work as a freelance or independent contractor for an SEO agency or digital marketing agency. Here are the benefits of getting certified: Build your credibility Improve your CV Increase your self-confidence Step 2: Learn How to Use Writing Tools In the past, writers use pen and paper to create content. Time has changed. Today, writers use computers and software programs or applications. Online tools can make your life a lot easier so you won’t need to go to the public library to research, manually count words in the article you’ve written, or check your spelling and grammar. Here are some of the online tools you can use when writing: Grammar checker, like Grammarly, can help you check and correct spelling and grammar issues. Word counters, such as WordCounter.net, can help you count the number of words you’ve written in an article or blog, which is helpful when clients require a specific number of words. SEO tools, like LSIGraph, can help you find relevant keywords you can use for optimizing the content to help the website rank in search engines. Step 3: Gain Experience Since you now understand that writers are in-demand to create web content, it’s time to gain the necessary experience you’ll need to become a good web content writer. You’ll find a lot of job portals available for writers. Be prepared with your resume or CV. Make sure you’ve indicated all your work experience as a writer, including when you were an editor or writer in high school. Don’t forget to attach a sample of your recent written article or blog. Here are some online platforms you can try to seek writing jobs from: LinkedIn Indeed.com Fiverr Upwork Step 4: Create a Website When you’re […]

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Want to work from home? Here are eight options for you

Explore these eight self-employment options that can help you earn without confining yourself to a rigid office regime. ET Wealth list eight such work from home options, with their earning potential and skill requirement. In a perfect work world, you would have the luxury to do what you loved or were good at—and would be paid for it without stepping out of the house. Nearly 15 million people in urban India are living this dream, according to the Freelancer Incomes Around the World Report 2018. They are selfpreneurs, also known as self-employed individuals running one-person businesses. They are a part of the growing tribe that is fuelling India’s gig economy. Mumbai-based Jyoti Vora is one among them. She is monetising her passion for cooking by hosting unknown people to sumptuous Gujarati meals at home. This concept of social dining, also known as home pop-ups, has allowed the homemaker to earn well, even start a small catering business. “I make a profit of about Rs 12,000 per event from the catering business,” says the selfpreneur. Much like Vora, other selfpreneurs are expanding at a fast pace. From virtual assistants to content writers, and translators to Web developers, they are finding a plethora of work opportunities online. According to a January 2018 PayPal study conducted among 500 Indians, 41% have witnessed a rapid growth within a year, with 80% working with international and domestic clients. Nearly 23% had an annual income of Rs 60 lakh. Besides financial gains in the form of extra income, working from home offers other benefits like flexi-hours and not having to commute every day, a time-consuming tedium in metros. Delhi-based Kajal Sengupta realised this during an online teaching assignment in 2009. Soon after, she left her job as teacher and shifted to online tutoring. “I don’t have to commute, which allows me to take late-night classes. Also, my student base remains intact even if I move cities,” says the Physics teacher. In this week’s cover story, we list eight such work options, with their earning potential and skill requirement. Remember, however, that these are not easy ways of making money . Like any other day job, these require you to dedicate a fixed number of hours, usually 5-6 per day, struggle with self-discipline and networking, even face trouble starting up. However, most of these options are available online. So you can find job listings on global freelancing platforms and career sites. Open a PayPal account and you are good to go. Pop up a meal storm Average Earning: Rs 15,000-22,000 a month How to get started A cookout at home involves inviting 5-8 people to give them a taste of your region or speciality by serving an authentic, multi-course meal. To ensure an easier start, enlist on the websites of platforms like ‘Authenticook’ and ‘Eat With India’, which handle marketing and payments. While the pricing decision rests with you, these platforms can help arrive at a figure. “We help the host determine the right price on […]

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FINANCIAL PLANNING: Freelancers must be disciplined in saving

Financial planning Financial planning is important for everyone, but more important for those who have opted out to work on a freelance basis. Being a freelancer gives the flexibility and freedom to work on one’s own terms. But sometimes it may work against one’s financial goals and planning. As a freelancer one’s income pattern becomes irregular but expenses continue to be fixed. First of all, understand that not getting a regular income should not be construed as a choice to save as and when money comes. Always follow a disciplined approach, irrespective of the amount. You have to focus on building a strong saving base that can help you fight the stress of irregular income, fixed expenses and financial emergencies. Have a contingency fund equal to six monthly expenses. Always go frugal but remember that investing is all about behaviour. Be careful while spending money, but do not get bogged down by the fact that since you are a freelancer you cannot spend. Let me give you an example. While I was doing my chartered accountancy, I found many students (applies to students appearing for any competitive exam) not moving out of their home at all. They were creating an atmosphere that exams are approaching so they can’t do anything. I am not suggesting that one should relax on the eve of examinations or take studies lightly. I am saying that there is no need to make the situation more severe or serious than it is. This causes stress and leads to many other problems, including irrational decisions which ruin bigger goals. So keep it simple and live a simple life till the time you build a regular steady flow of income. Make a budget and stick to it, to avoid unplanned expenses. The best way is to open a separate bank account for your business and personal expenses. Also, follow an adaptable financial strategy to suit your income and expenses pattern. Do get sufficient health insurance cover. If you have dependents, then buy sufficient life insurance cover as well. Follow an asset allocation suitable to your freelancing work. For instance, if you are a professional, say a doctor, then your income will be regular than other freelancers and also free from economic movements thereby enabling you to take more risk and earn higher returns. Freelancers also need to manage their taxes in a smart way. Many freelancers whose income is below Rs 50 lakh can opt for a presumptive tax scheme u/s 44ADA, which allows them to claim 50% expense without the requirement of maintaining books of accounts. Besides, you can also claim lot of expenses as spent towards business. Freelancers do not have access to any pension. So retirement planning becomes more important for a freelancer. So keep that in mind as well. The writer is chief gardener, Money Plant Consultancy

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Need Work? Curious Places to Find Freelance Writing Jobs

If you’re looking for freelance writing jobs, you might be looking in all the wrong places. Bid sites and content mills? Craigslist? You’re bound to find the usual bottom feeders there. Maybe you’re in the habit of sifting through Writers Market to find high-paying magazines to pitch. Or using LinkedIn to make connections and pitch prospects. Both are excellent marketing strategies to find freelance writing jobs. But they’re not the only places you can find work. Curious? Just think for a minute about all the places content shows up in your life. In today’s content-saturated world print is still alive and well, and more digital content is flooding the Interwebs every day. And that’s a good thing for freelance writers. You might grumble about information overload. But turn that around and take a curious look at where all that content is coming from. You might be surprised by what you find. When I started doing this, I found prospects in some unexpected places. And so can you. Check out these curious places to find freelance writing jobs: Junk mail Ever signed up for a niche e-newsletter, but only read the first couple of emails? It doesn’t take long for these to start filling up your inbox or junk-mail folder. And you just start ignoring the messages. Sound familiar? It happens to me all the time. What if you could transform some of those emails into a pitch-fest of productivity? Take a curious look at what you’re ignoring, deleting, or sending to your junk-mail folder. When I did this, I found 200 potential prospects to research and pitch with a letter of introduction, blog post ideas, or a query letter. Example: Here’s one of the gems that I found in my inbox. I have no idea when I signed up for this newsletter, but I’ve written plenty about virtual work. Are there potential leads in your inbox? Job boards Job boards can also be a curious place to find freelance work. But instead of sifting through a site looking for freelance writing jobs, check out full-time writing positions companies are trying to fill. (You may be able to get automatic notifications when new writing jobs are posted to save time.) You’ll find lots of full-time writing jobs like content writer, content strategist, copywriter, email writer, editor. That’s an obvious sign they pay writers. But don’t waste your time updating your resume or filling out an online application. Do this instead: Do a little homework on the business. Find out who the marketing manager or director is. Take a look at the company website. Write a letter of introduction, send it off, and move on to the next. Example: I found a business on a job board looking for a full-time writer in my niche, and it made me curious. In just a few minutes, I found out their blog hadn’t been updated for months. Perfect. I wrote a letter of introduction and pitched some blog post ideas. Your favorite brands […]

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Google Just Predicted the Future of the Gig Economy

Earlier this week, Google announced that partnering staffing companies will now be required to pay contract workers a minimum wage of $15 per hour and provide health benefits. This is great news for the thousands of freelancers who have dedicated their careers to the tech giant and fought for equal treatment, but this isn’t the only business who is guilty of taking advantage of “giggers” as cheap labor. The future just got a little brighter for freelancers around the world. The 36% of the U.S. population who freelances at least part-time have been willing to sacrifice the security of employment for the empowerment and flexibility of being their own boss. But, they pay a price. If expenses like health insurance, retirement savings, and paid time off are not covered by an employer, professionals often have to do without, or accrue intense financial burden in order to pay for them out of pocket. Robert McGuire, publisher of Nation 1099 , laments, “The fundamental issue is that almost everything in our lives is oriented around W-2 employment. That includes insurance, taxes, retirement plans, how software licenses are sold by the full-time employee seat, etc. . . . The ecosystem needs to catch up with this new way of working.” And that is exactly what we are witnessing: one of the most influential brands in the world “catching up” by recognizing the validity and equality of contract work. If this bold move by Google is a predictor of future support for contractors, we are likely to see exciting empowerment of the freelancing workforce in more ways than just health benefit plans. Because, let’s face it, insurance is just the tip of the iceberg when it comes to the sacrifices of independents. Many other elements of their careers, both financially and not, are also affected, such as: Career Development: Without regular performance reviews, corporate mentor programs, promotion models, equality policies and an in-house learning and development department, the professional growth of a freelancer can be dangerously neglected or too subjective on the preferences and experience of the individual. Recognition: As McGuire mentioned, businesses are typically measured only on number of employees, which leaves team members that are contributing Community: Some contractors’ clients allow them to work on-site, but many work off-site, or are not fully integrated into a team. This structure puts professionals at risk for social and informational isolation , which hinders success in their role. Credibility: Society as a whole struggles to accept the stability and earning potential of freelancing, which limits workers’ ability to qualify for resources, like mortgages, unemployment support or life insurance. While Google has the privilege to be a pioneer in initiatives like this, not every company has the resources or influence to inspire global change. Most businesses are still subject to participation in the “race to the bottom” and discriminatory policies, whether they intend to or not. So, what does the path look like between now and true worker equality? “What we really need is change […]

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