When Freelancing Becomes a Business
Freelance writing is, by definition, anything but a business. You scavenge for work, pander to your clients, and spend more time worrying about how you’ll pay your bills than actually doing work to pay said bills. That said, if you are moderately successful at all that juggling, it will eventually turn into a business, whether you want it to or not.Â
When does that fateful moment occur though - that your long time hobby, and short-time means of feeding yourself grows into something more substantial. It’s going to happen whether you like it or not. First off, the goal is almost always to make more money so that your freelancing career isn’t so hard to maintain. When you manage to pull that off, you’re halfway there anyways. You have the clients, you have the drive, now just comes the fun part - all of the finances and paperwork.Â
We’ll skip that part for now though. I don’t much want to relive the terrorizing part where I spent so much of my time this last year, but I will say that eventually it just makes good financial sense to upgrade your resources. It saves time on taxes, helps you find new clients in your area, and makes it much easier to find help with your work when you get a bit behind.Â
Keep an eye on things though if you’re looking to keep your freelancing as a side hobby. If you get too good at what you do, it will balloon into something much more in no time.