Freelancing 101: What You Need to Know
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Thinking of going freelance? Here’s the lowdown:
A freelancer works for themselves, often juggling multiple clients and projects. All freelancers in the UK must register with HMRC, whether as a sole trader or a limited company. Life as a freelancer comes with freedom — flexible hours, no commute — but also requires top-notch organization to track deadlines, payments, and client communications.
Key tips for beginners:Find your niche and play to your strengths.
Build an online portfolio to showcase your work.
Invest in essential hardware and software.
Plan your finances carefully and consider Start-Up Loans or crowdfunding for initial funding.
Freelancing is about freedom with responsibility — knowing how to structure your work and business can make all the difference.