Freelancing has its perks and disadvantages and professional ethics must be observed. This enables you to work freely with different companies at the same time. Freelancing is common with journalists, and photographers.
Perks Of Freelancing
Some people prefer being freelancers rather than be permanently employed. This is because of different views, and because they are agreeable of the perks that freelancing gives them. Here are some of the perks of freelancing:
1) Your income has no limit. Meaning, its potential for earning more as compared with having a stable job is better. Since you are not restricted with just one employer, the opportunity for you to find other jobs is there. It all depends on your drive and eagerness to look for more projects.
2) You can have a flexible lifestyle. Since you do not have to follow strict working hours, you will have more time for other things. You can work at your convenience in some cases, so no reason for you to be stressed and haggard. Time management is the key.
3) You get to have a variety of projects. Because you are free to do as you please, you can work on several projects at the same time. These projects may be varied. So this makes work more exciting.
4) Continuous learning. Each project requires something different. So in order for you to be able to give the best result or output, you have to educate yourself with things related to the projects. So there is constant learning and never a dull moment.
5) More Prospective Clients. Being a freelancer gives you the opportunity to have a broader network. Clients may introduce or refer you to prospective clients. This makes having more work a possibility. Or these new acquaintances may teach you a thing or to improve your craft.
The Disadvantages Of Freelancing
Although the perks of freelancing outweigh its downsides, it still has disadvantages. Among them are:
1) Paying Taxes. Since no taxes are being taken from your paycheck, you need to set aside part of your earnings and go through the trouble of paying the government at the end of the year.
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