Freelancing is becoming more common and popular than ever. According to estimates based on a McKinsey survey, there are roughly 58 million people in the gig economy in the U.S..
That number has grown in part due to the COVID-19 pandemic, changes in the economy, and advancements in technology.
While we’re entering a post-pandemic world, the gig economy continues to grow and more people are embracing and enjoying the benefits that come from freelancing.
Deciding to find a remote job is one thing.
Diving into the sea of work-from-home opportunities is thoroughly different.
You might know you want to work online.
Are you a freelancer that’s tired of living paycheck to paycheck and struggling to make ends meet?
Or are you looking for a way to turn your passion into a profit and build a successful business?
Freelancing is supposed to be a liberating career move.
You no longer have to work for a business that you don’t care for, and don’t have to worry about your boss’ expectations or evaluations.
However, many freelancers quickly find that going at it alone is more stressful than working a steady 9 – 5.
One of the best things about being a freelancer is that you can pick and choose who you work with.
Finding your ideal clients is much easier when you are able to ask them questions beforehand that will indicate if they are going to be a good fit.
Even if a client is willing to pay a lot of money for a project, it’s not going to be worth it if they are a nightmare to work with.
It’s no secret that more and more companies are moving to remote positions for many employees.
Since dealing with a global pandemic, more and more workers are also looking to transition to working remotely.
Luckly, job search platforms like Indeed make it pretty easy to find remote jobs.
Is there a difference between being hired as a freelancer vs. a contract?
It’s important to know the distinction between freelance and contract employees for several reasons.
Freelance and self-employed are terms often used interchangeably without much insight into what each one actually means.
Well, there are nuances to both and those in the space should be aware of them and how they can be affected by them.
I’ll cover what the differences are between freelance and self-employment, what types of work they do and with whom, the various pros and cons of freelancing vs. self employed, and of course…taxes.
So let’s get into it.
