Once you have developed a certain level of expertise in your chosen field, you may find you long for the flexibility and control that working on your own can offer. Consulting or freelancing can provide you with the benefits of owning your own very small (as in, just you) business without the hassles of managing other people and running a larger organization.
According to the Bureau of Labor Statistics, 15.5 million people in the U.S. were self-employed in May of 2015. A separate study estimate that by 2020, more than 40% of the American workforce will be supporting themselves as freelancers, contractors or temporary employees
The Pros and Cons
Freelancing isn’t without its challenges. Weigh the benefits and costs before making the leap.
Develop a Plan
Think through your business before you cut loose.
Safety in Numbers–and Dollars
Create a financial cushion in case of tough times.
Up, Up and Away
Getting off to a great start.
Where to go for more information.