What is a Freelancer?

business economy

A freelancer is a person who is self employed. Freelance work is used in many different professions, but most commonly a freelancer works in the fields of writing and editing, photography, web design, graphic arts, or computer programming. In any given profession, freelancers sell or contract their work to a client rather than being employed by a business.

A freelancer's career commonly begins with a business or agency at which the freelancer gains experience and contacts in a particular field. Often, talented freelance professionals leave their place of employment because their services are in great demand and they can receive better pay as a freelancer. A freelancer can work at home, in the community, or at their client’s place of business.

Businesses find many advantages in using freelancers. A business that needs particular work done, such as copywriting, can use the services of the writer only as needed. This is ideal when the business requires sporadic work or a one time project. The company is not obligated to provide steady work as it would be for a full time employee. Hiring a freelancer is also economical for a business because the business does not have to provide benefits such as health insurance, personal and sick days, or retirement benefits.

There are also many advantages for a freelancer. A person who is self employed can usually choose their own work schedule. Income may be greater than when working for an employer. A freelancer is his or her own boss and has the freedom to work independently, usually from the comfort of home. Freelancers also have the opportunity to pick and choose which jobs are of interest.

The down side to being a freelancer is that one must keep track of one's own books. This requires a lot of self discipline in order to fulfill tax requirements, time management and health and retirement factors. Another disadvantage is that it may be difficult to maintain a steady stream of work. A freelancer is responsible for finding and winning projects. Sometimes, convincing a client to hire a particular freelancer can be a job in itself.

There are many websites that offer to connect clients with a freelancer. These services often have many freelancers who bid on particular projects that clients post. Other services simply post projects and allow freelancers to submit a resume and samples of previous work. A freelancer often can find projects through word of mouth, from a former employer, or from classified ads in print as well as on the web.

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New: Discuss this Article

Posted by: anon3414
I am currently employed as a freelance-to-hire for a major corporation. I am rather new to this and haven't really kept track of my income from the company. My problem is that I have had to use the money I had saved for taxes for vehicle repair costs. My concern is what happens tax time if I do not have enough money to cover my taxes? Does the IRS offer a payment plan? I am fairly certain that I won't have the money and want to do my best to comply.
Posted by: anon4916
i want to be a freelancer. what steps should i take for this purpose> what are the things should i do?
Posted by: billf54
I'm working as a freelancer for a doctor. To make things easier i have been purchasing materials for the work needed. I turn the receipts over to them and give a billing statement to be reimbursed for the money I've spent. Now I'm being told that I will receive a 1099 not only for the wages I earned but for the materials as well. Is this legal?? I will be paying taxes on income i never earned!!! Please help.
Posted by: olittlewood
billf54: i believe they can do that, however, consult your accountant if possible. if they choose to report it that way, be sure to retain copies of all receipts as you can deduct those expenses as business expenses. you'll need all the deductions you can get at tax time!


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