Wednesday, October 28, 2009

Do It On Your Own: Freelance Work

Many talented individuals tend to want to work for themselves rather than for someone else. Some often do have employers but may also do specific work on other related or unrelated projects. The appropriate term for this type of work is called freelance.

Freelance is a self-employed person who practices a profession without a long-term commitment to any particular employer or company. Other terms used include: freelancer and freelance worker.

Common Freelance Fields

Journalism
Book Publishing
Journal Publishing
Computer Programming
Graphic Design
Consulting
Translating
Copywriting
Editing

Even though a freelancer is not in a long-term commitment, some require clients to sign written contracts, while others may perform work based on verbal agreements.

Payment varies significantly from one freelancer to another. Some prefer to charge either by the hour, day, or per-project basis. Payment arrangements may be made upfront, percentage, or upon completion. Contracts can be drafted to ensure that work and payments are made within a certain amount of time.

Being a freelancer has a few perks to it. Freelancers are given the opportunity to enjoy a greater variety of assignments than in regular employment. They usually have the freedom to choose what work they would prefer doing and their actual work schedule. The experience can lead to a wonderful portfolio of work and the establishment of a network of clients.

The only most important disadvantage of doing freelance work is the uncertainty of projects and income. Other drawbacks include lack of company benefits, paid holidays, and bonuses.

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