How to freelance in the UK

;;;;;q;;;;;;;How to freelance in the UK – a beginner’s guide 1 By Dave Chaplin , is CEO and founder of contracting authority ContractorCalculator and the author of The Contractors’ Handbook – Third Edition . As the economy recovers from the impact of Covid-19, now might be the perfect time to go it alone as a freelancer. For risk-averse businesses in this current climate, the immediate access to key skills that freelancers provide presents a more economically viable recruitment solution than a permanent hire. If you possess an in-demand skillset, you are well placed to capitalise. Dave Chaplin is CEO and founder of contracting authority ContractorCalculator , and the author of The Contractors’ Handbook – Third Edition , which provides essential guidance to freelancers and contractors, whether they are new to freelancing or experienced old-hands. Though other key concerns include deciding upon a business model, registering with HMRC and enlisting an accountant, this article shares Chaplin’s advice on setting a contract rate, marketing yourself and finding work. Setting your contract rate Setting a contract rate is a careful balancing act. You want to establish a competitive rate that ensures you receive a good return for your efforts without risking pricing yourself out of the market. There are useful sites online that share survey results of the standard rates that specific skills command. However, while these sites provide useful guidelines, they don’t account for the combination of skills or the level of experience required. Therefore, you should create a baseline rate based on a multiple of up to twice your current salary, assess the results from your research, and ask around. Otherwise, lack of clarity over your market value could leave you vulnerable to poor negotiation. Ask other contractors. ‘Human intelligence’ is a good source of information. Talk to as many colleagues and friends as you can, but do so discretely, especially if you’re currently permanently employed. Existing freelancers and contractors, as well as permanent employees who have worked with freelancers, understand the work and recognise the value of specific skills. If you can, speak to an experienced freelancer who has similar skills and experience to your own. Market conditions can also significantly impact freelancer demand. Browsing contract advertisements online can therefore help you create a clearer picture of the rates you should command in the current climate. Covid-19 did result in market rates dropping, as firm sought to save money, and off-loaded their freelancers. The new Off-payroll reforms also had a considerable effect on the market – large numbers of freelancers, some of whom were perhaps operating as “deemed employees” moved to permanent employment. Brexit also saw contractors move out of the UK. The market may take a year or two to bed back down, and as it does market rates will return to a level where the potential earnings, if you can secure ongoing work, will be lucrative. Marketing yourself Your CV and LinkedIn profile have one purpose: getting an agent or client to speak to you on the […]

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Growing From a Freelancer to an Agency Owner

Many freelancers struggle to keep their businesses afloat. They often work on a per-project basis, which means that they continually have to hunt for new projects. One way to solve this issue is to grow into a small productized agency that completes projects instead of billing working hours as a freelancer. Those who enjoy the flexibility of working on their own time often realize that the elephant in the room cannot be ignored any longer: the constant hunt for new projects. Not only does it take many hours away from work that could’ve been spent on projects, but it also takes a lot of time and effort. On top of that, freelancers are often stressed out that the next month might not be as fruitful as the previous one. The constant fear of not knowing if the cash will run out dampens the joy of working from home at your own pace. Transitioning from freelancing to managing an agency One thing needs to be clear: nobody can start an agency overnight. You can slowly grow into an agency, or launch a product. Let’s look at both paths to find out what kind of challenges await you: Many freelancers would like to take on more projects, but simply lack the resources to do so. What they can do is outsource a part of their tasks, or start hiring part-time help at first. Launching a product is much more complicated. It can be a course, an ebook, or a software. While the passive income dream sounds good, most people are not successful. That being said, it’s certainly not impossible to launch a successful product. Those who are successful often combine their services with products. Let’s look at an example from this list containing productized services examples : Dropship For Sale mainly sells turnkey dropship websites that can be customized with your own logo and domain. The only thing you have to do is purchase one of the ready-made templates. While this is the core business, they also offer custom store designs as a service at a higher price point. Productizing your existing services A much better option to make the switch from freelancing to building and scaling an agency is called productizing. Productization is not just about putting a price on services and selling those as an a-la-cart product. It’s all about niching down your core services, optimizing your processes, and running an efficient business with a high return on investment. A big advantage of running a productized agency is that you: know who your ideal client is, and that you can easily build marketing campaigns. This eliminates the need to constantly hunt for projects/new clients as they should find you via your marketing efforts. Marketing can be anything from a referral system to content marketing and paid ads. One thing that is uncertain is which marketing strategy works best for you. However, you can take a look at competitors, and then experiment with the chosen strategies. Deciding what to productize […]

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Copywriting Can Be a Very Profitable Side Hustle

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. The gig economy is officially in full flight. About two-thirds of Americans already have a side hustle and another quarter plan to start one this year. Why? Pick a reason. Wages aren’t high enough, remote work has given people more time to focus on additional work, entrepreneurs need a secondary stream of income while launching a business. Whatever the reason is, one thing is consistent: Copywriting remains one of the most profitable and simple side hustles available. Freelance copywriters make an average of $55,000 per year . Imagine that as your secondary income. In The 2021 Become a Freelance Writer Bootcamp Bundle , you’ll learn how you can get to that level. This updated, 14-course, 30-hour bundle will teach you absolutely everything you need to know to launch a profitable copywriting side hustle. Through these courses, you’ll understand what copywriting is and why it’s important to every business. You’ll learn how to write effective copy that sells for any medium, from social media and email to full-scale landing pages. Not only that, but you’ll also learn how to effectively monetize your work. You’ll learn how to discover sites that want to pay you for content, learn strategies to double ebook royalties, and make yourself stand out through side hustle communities like Fiverr. Perhaps most importantly, however, you’ll learn how to increase your efficiency, confidence, and productivity as a writer. With classes rated as high as 4.6/5 stars, you’ll discover exercises you can practice to improve your writing skill, learn how to find your voice, understand how to tap into your most productive drive, and much more. By the end of the courses, you won’t only have the skill, but you’ll also have the drive to become a successful freelance writer. Start a profitable side hustle today. Right now, The 2021 Become a Freelance Writer Bootcamp Bundle is on sale for just $29.99. Prices are subject to change. Read Now | 50 Profitable Side Hustle Ideas Looking for an additional source of income this year? Read this article to explore 50 side hustles—from driving for a ride-sharing app to starting a blog. Find the side hustle that’s right for you and start earning extra money today! Read Article >>

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Become a Freelance Writer Bootcamp Bundle

Today’s highlighted deal comes via our Online Courses section of the Neowin Deals store where you can save 98% off the 2021 Become a Freelance Writer Bootcamp Bundle . Earn money while doing what you love! Skill success gives you 30 hours of content on copywriting, proofreading, productivity, creative writing and more. This bundle consists of the following courses: Turn Words to Passive Income with Copywriting 101 Convert More Leads to Customers with These Simple Writing Tips The 7 Best Ways to Get Paid as a Writer Transform Your Written Content into More Royalties Become a Confident & Effective Writer Level Up Your Productivity, Confidence & Creativity Introduction to Working as a Freelance Writer or Ghostwriter Discover The Exciting World Of Freelance Writing And Ghostwriting 10 Writing Exercises for the Modern Writer Practice Writing Every Single Day with These 10 Awesome Writing Exercises! Writing with Impact: How to Be a Confident Writer Know the Secrets to Writing Blogs & Business Docs that Enthral Readers Secrets of a Freelance Writer Gain the Skills Necessary to Thrive in the Freelance Writing World Save Money with Proofreading for New Writers Learn the Basics of Proofreading & Saving Money Productivity: Be Hyper Productive When Working from Home Develop Key Profit Disciplines of Working From Home Creative Writing for Beginners Learn Creative Writing in a Fun, Informal Style Super Fast Writing Hacks How to Open Yourself Up to a Raging River of Content Naturally Copywriting: How to Be a Crazy Good Copywriter Develop the Mind of a Copywriter & Break Down the Art of Crafting Professional Copy in 3 Hours Write Copy that Sells with Modern Copywriting for 2021 & Beyond Strategically Deliver Words that Get People to Take Action Using the Art & Science of Copywriting The Complete Freelance Writing Course Build an Impressive Portfolio, Find Ideal Clients & Become a Valuable Freelancer Here’s the deal: This 2021 Become a Freelance Writer Bootcamp Bundle normally costs $2,400 but it can be yours for just $19.99 , a saving of $2,355.01. For a full description, specs, and instructor info please click the link below. Get this Freelance Writer Bootcamp Bundle for $29.99 Save, Share & Enjoy Even Your Largest Files Quickly & Securely with pCloud. Get pCloud Premium Plus Cloud Storage for just $29.99 (list price $95) Not for you? That’s OK, there are other deals on offer you can check out here : Disclosure : This is a StackCommerce deal or giveaway in partnership with Neowin; an account at StackCommerce is required to participate in any deals or giveaways. For a full description of StackCommerce’s privacy guidelines, go here . Neowin benefits from shared revenue of each sale made through our branded deals site , and it all goes toward the running costs.

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Money Management for Independent Stylists

For a variety of reasons, more and more traditionally employed people are moving to freelance and contract gigs. In other industries, some are doing so out of necessity—company downsizing and layoffs, especially in brick-and-mortar businesses, have become more prevalent in the digital age. For stylists, the pandemic accelerated that effect as some salons shut their doors during COVID lockdowns. But some workers are doing so out of choice. As the pandemic began to ease, people were quitting their jobs at a record rate—nearly 4 million in April 2021 alone. Others, having become accustomed to the greater freedom offered by working remotely, said they’d look elsewhere if they weren’t allowed to continue working from home. But freelancing has its drawbacks, too. There are no automatic income tax deductions, so you have to keep closer track of your income and file quarterly taxes. And your income is more likely to fluctuate from month to month, so you’ll have to work harder at budgeting. Managing your money doesn’t have to be a nightmare, though, if you follow a few simple principles. Set a good baseline It can be tempting to use your best-income month as your baseline. If you got into freelancing because of the “free” part (freedom), you might want to think you’re earning more money than you are. Since income can fluctuate, it’s better to average out your income for the year, taking into account seasonal changes, and use that as your starting point. You may even want to drop below that number a bit to be conservative. Set aside the extra money you make during more profitable months to cover your expenses during leaner times. You’ll have to continually readjust, too, based on new data. If your business grows, this means you’ll have more money to spend or invest back into your business. Keep your finances separate Create separate accounts for your business and personal finances. This will make it easier to track what you’re keeping for yourself and what you’re investing and reinvesting into the business. Of course, it will require two separate budgets. Fortunately, there are some good budgeting apps that work well for freelancers. There are also apps like Square, Trim, and CountAbout, that can facilitate bill payment for you and your clients. One option worth looking at is registering your business as a legal entity. But weigh the pros and cons. This will cost you extra money at the front end for filing fees and paperwork, but it will also provide you with credibility. If you register as a sole proprietor, you’ll receive all the profits, but creditors will be able to go after your personal property to satisfy business debts. Bolster your credit standing Good credit is always desirable, but even more so when you’re running a small business. You’ll need a good credit rating to qualify for loans you may need to make investments as your business grows. You don’t have to go into debt to build good credit. One strategy you can […]

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3 Ways Reedsy Can Help Your Freelance Editing

Editing and proofreading are creative but challenging paths, especially as a freelancer. Reedsy , the leading publishing marketplace, offers many opportunities for freelance work, but also insights into different aspects of the industry. Here are three key areas Reedsy can help with, from starting out to building a client base. Make the most of its resources and you’ll be a successful freelancer in no time. 1. Starting Out In Freelance Editing and Proofreading Before you do anything, make sure you understand the difference between proofreading, copy editing, and developmental editing. You can start with the first two and build up to developmental editing when you’re more experienced. Reedsy’s guide for starting a freelance editing business clarifies these terms before listing steps you should take to launch your new career in the best possible way. First, determine your niche—a corner of the literary space where you know almost everything there is to know. Then, manage your business with smart techniques like time tracking. 2. Setting Your Editing and Proofreading Rates Your experience will determine your going rates, as will the niche in which you work, and also your confidence. Once again, the more you know about the publishing industry, the easier it is to find your place in it. According to Reedsy’s guide on freelance editing rates , for example, copy editing business and self-help books can cost $0.022 per word on average, as opposed to $0.015 for romance novels. Proofreading rates tend to be lower—reflecting the relative time commitment required for a proofread. Whatever your direction, coming up with the right rates takes research, careful planning, and support from resources like Reedsy’s pricing tips for proofreaders . 3. Finding Editing and Proofreading Work Landing good jobs is an important milestone in your freelance career. At first, you’ll need to show some flexibility in terms of what gigs you accept, so you can gather experience and reviews, but stay on the lookout for exciting opportunities to take your brand to the next level. To help, Reedsy lists sites for editing jobs . While its marketplace is worthwhile, you can join several platforms for a range of opportunities. Fortunately, there are plenty of options for all editing tastes, if the 26 places offering proofreading jobs that Reedsy suggests are any indication. Think about what kind of work you’re looking for and zone in on the best options. Do you want quick, low-effort gigs or high-end jobs? Do you want a platform with lots of user-friendly tools or just a profile to promote and work from? These are all important factors you can sort through with patience and Reedsy’s resources. Explore Resources for Writers Too As a freelance editor or proofreader, authors are your target audience, so learning more about what it takes to write well can be helpful to both of you. You can help with manuscripts, while also offering career advice. Showing that you care is a great way to boost your reputation and nurture wonderful relationships with clients. A […]

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The Pros and Cons of Freelancing

It’s no secret the Covid-19 pandemic has accelerated technology adaptation — making virtual work the norm and boosting freelance work opportunities. A survey by Upwork found that the proportion of the workforce engaged in freelancing is up to 36% of total workers. The global pandemic isn’t the only reason behind the boom in freelance workers. Freelancers consistently report higher job satisfaction and often even greater earnings than traditional employees. According to CNBC , skilled service freelancers earn a median rate of $28 an hour — which is more per hour than 70% of workers in the overall U.S. economy. Between a flexible schedule, the ability to pick and choose which projects you want to work on and being your own boss — freelancing offers a ton of benefits. However, with it comes several drawbacks. The Challenges Facing Freelancers Freelancers are entirely responsible for tracking, managing and footing their own tax bill. On top of this, they also face health insurance expenses, lack of standard employee benefits and sporadic pay. Thankfully, freelancers can tap into ways to lighten the load and manage responsibilities more effectively. It comes down to using the right tools — such as Lili. Lili is the banking app designed exclusively for freelancers. Lili features tax tools, automated expense tracking, savings tools and even early paycheck deposits. Lili Pro takes things even further. The advanced subscription account offers additional invoicing tools, cashback rewards, advanced expense management, fee-free overdraft and 1% interest on savings. Lili helps alleviate some of the major challenges freelancers face, such as: Taxes: Freelancers are responsible for paying additional self-employment taxes — and they don’t have an employer that automatically deducts a portion of income. It’s up to you to estimate, save and pay on your own. Lili makes this easier — with a free tax estimator, integrated savings tools and automated expense reports. Expense Tracking: One way to offset the burden of paying additional self-employment taxes is by claiming expense deductions. Unfortunately, it can be difficult to keep track of expenses —- unless you’re using Lili. Lili allows you to sort and categorize your expenses on the go and in real-time, straight from your smartphone. Sporadic Pay: It’s not always easy to find consistent work as a freelancer. Clients may end a contract early or shift priorities. Some will even fall behind on invoices. All these factors can lead to a sporadic pay schedule. To make things easier, Lili offers paycheck deposits up to 2 days earlier and fee-free overdraft up to $200. Invoicing: On top of managing work, clients and day-to-day business responsibilities, freelancers are also responsible for creating and sending out invoices. Not only is this time-consuming but also requires extensive attention to detail. Lili makes things easier by allowing you to create, manage and organize invoices directly from the Lili app. Banking for Freelancers When the Delta Surge Could End, and What Comes Next In the U.K., where the highly contagious Delta variant struck first, the number of new cases […]

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Top 20 Sites That Pay (up to $1 per Word)

Getting paid to write may sound easy, but the reality is a little more complicated. Freelance writing can be hard to break into, and the pay can be low (or nonexistent) for beginners. The trick is to get your first few articles or creative pieces published and then use them to score bigger clients and better pay. And even if long-term freelancing isn’t your goal, building a portfolio that showcases your published work can bolster your career as a writer or subject-matter expert. However, publishing those first few pieces is typically the hardest part of your writing journey. To help, we’ve compiled several places where you can get paid to write now. We’ve also included tried-and-true techniques to allow you to grow as a writer and, ideally, make more money writing in the long-term. If you’re new to freelance writing, one of the first things you may notice is how opaque the whole process is. Websites, blogs and publications often rely on armies of freelancers, but their contributor guidelines and pay are often nowhere to be found. Instead of diving straight into negotiations with editors about assignments and pay, first try to find a site or publication that has a straightforward process for contributors so that you know exactly what they’re looking for and how much they’re paying. (We’ll cover pitching and negotiating further below.) Ready to make money writing online? Here are 20 sites to try pitching: Copyhackers is a content company based in Canada. It provides educational materials to help new copywriters as well as paid opportunities for writers to publish lengthy articles on Copyhackers’ blog. Its submission guidelines are clear: You should be well versed in the topic that you’re pitching. And you should expect to be writing blog posts that are 2,000 words or more “unless it’s extremely wonderfully amazingly readable reading.” Pay : $300 to $1,000 per blog post Categories/Topics: Advertising, branding, UX (User Experience) or marketing concepts; freelance lifestyle or advice; entrepreneurship As its name implies, Listverse specializes in listicles aka list posts. These are highly clickable posts where each main point is part of a numbered list (sort of like the article you’re reading right now!). To narrow that down ever so slightly, the website is broken into several topics: bizarre, entertainment, general knowledge, lifestyle, science, society and more. Your articles should roughly pertain to those areas. Note: Listverse will only pay freelance writers via PayPal. Pay: $100 per list post Categories/Topics: Bizarre, entertainment, general knowledge, lifestyle, science, society and more. To understand what type of articles Narratively publishes, look no further than its tagline: “Human stories, boldly told.” All sections of the website are open to submissions. Just be sure that your story is longform, gripping and has strong narrative elements. For an in-depth breakdown of the different sections and story types, read Narratively’s submission guidelines . You’ll need a Submittable account to send in your draft. Pay: $300 to $400 per article Categories/Topics: Personal essays and reported articles with a […]

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5 Best Free Proposal Management Tools for Freelancers

Freelancers are often faced with the difficult task of writing proposals from scratch for every client. Using free online proposal management tools will offer you relief. Creating a new proposal for every client takes up a lot of your time as a freelancer. Instead, using online proposal tools helps you spend this time finishing your existing projects and finding new gigs. Check out the following apps for proposal management, so you can always give your best to a new client. 1. Proposify This free online proposal tool is particularly suitable for freelancers who need a quick tweak to proposal templates to customize for different industries. Creating, sending, and managing proposals are now simple and quick. Proposify offers options to add text, images, and videos to the proposals. The interface of this tool allows drag-and-drop so that you can add various sections to the proposal document without much effort. You can also modify the text boxes, tables, sidebars, and background colors in its layout editor. Moreover, its robust analytics features let you know the section of your proposal that got the most views, the number of times the proposal got viewed, the duration of the views, etc. It offers you the facility to embed YouTube and Vimeo videos into your proposal with ease. Its Online signature tool allows faster signing of proposals once the client agrees to do so. With the help of Proposify, you can further track the performance of the proposals you send. Thus, you will have a better idea of the proposals that benefit you and the areas where you should improve. Download: Proposify for Android | iOS (Free) 2. PandaDoc This online proposal app is also a smartphone-based tool that works fine on both iOS and Android. PandaDoc lets you create customized proposals by quickly filling in the document fields of the template proposal. As you can build any template document here, sending any other necessary information with the proposal to your client is just a few clicks away. The custom notification feature of this tool empowers you by spontaneously informing you about some actions. For example, you can enable notifications to know when the client opened the document, the time they spent reading the proposal, and the time of signature. The two major resources of PandaDoc are templates and a content library. You can create templates for the proposals and include images or formatted copies to brand them as per your freelance business . You can save your portfolio for any particular industry or terms of work in the content library. Whenever there is a need to customize the proposal, add information in the square brackets. ‍This tool offers easy integration with various CRMs. It is also useful to create proposals that include collaboration. Download: PandaDoc for Android | iOS (Free) 3. Bonsai While working as a freelancer, a proposal is not the only thing you worry about. You need to manage your clients, calculate task time, prepare invoices, and many more. Bonsai offers you […]

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7 Side Hustles That Earn $1,000 a Month

Image source: Getty Images Almost any skill can be turned into a profitable hustle. An easy way to improve your financial situation is to boost your income. You can pay down debt faster, rest easier with a well-funded emergency fund, boost your retirement account — the options are endless. While you can ask for a raise or switch jobs to make more money, those options aren’t always available. That’s where a good side hustle can fill the gap. But not all side hustles are created equal. Any extra income is great to have, but sacrificing your precious free time should come with a proper boost to your bank account . The following seven jobs all have the potential to bring in $1,000 a month or more in side-hustle earnings . And chances are you have already cultivated the skills or hobbies needed. By submitting your email address, you consent to us sending you money tips along with products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Statement and Terms & Conditions . 1. Tutor or consultant If you have a useful skill, you can probably monetize it. Whether you’re an ace at algebra, play a mean tambourine, or can boost a company’s bottom line, someone out there can likely benefit from your experience. How much you can make tutoring or consulting will depend on any number of factors, including the rarity of your skill or experience. If you’re tutoring young students, you can expect rates around $15 to $25 an hour. At more advanced levels, tutors can easily charge $30 to $50 an hour. And a top-level consultant can bring in $100 an hour or more, depending on the industry. 2. Virtual assistant Most of us lead busy lives, but some folks are better at it than others. If organization is your skill, consider becoming a virtual assistant for someone who needs a hand staying on track. Virtual assistants do anything from keep schedules and send errand reminders, to scheduling business meetings and overseas travel. The amount you make will generally vary based on the hours you work and the complexity of the tasks you perform, but $15 to $25 an hour is common. 3. Freelance writer Anyone who has a way with words can work as a freelance writer. It helps if you have both a good grasp of grammar and a strong knowledge about a specific topic. Experts in niche markets will make the biggest bucks. Even if you aren’t the best writer, you could put research skills to work compiling listicles for popular websites. And folks with a knack for pithy social media posts can offer their skills to companies looking to boost their reach. Writers get paid in a few ways, including by the word, by the project, or by the hour. Rates at the bottom of the ladder aren’t great, but those with a bit of experience can easily make $15 to $25 an […]

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