In freelancing, catering refers to a specific working model. It means you dedicate your services to a single client, much like a restaurant caters an event.
What is Catering?
Catering is a freelance business model where you provide your specialized skills to one primary client for an agreed period. Instead of managing multiple small projects, you focus your full capacity on serving that client's needs. It's a deep, dedicated partnership.
Why is this important?
This model is important because it offers stability. You gain predictable income and can plan your schedule more easily. It also allows for deeper immersion in a client's business, which can lead to more impactful work and stronger professional relationships.
How does it work?
You typically agree on a set number of hours per week or month with the client, often at a retainer fee. Work is delivered continuously, similar to a part-time employee but with contractor flexibility. You might find these arrangements via platforms, networking, or through past clients.
Pros and cons
The main pros are income predictability, reduced admin work from constant pitching, and deeper client knowledge. The cons include reliance on one income source, potential for scope creep, and less variety in your daily work, which some freelancers may find monotonous.
Conclusion
Catering can be a smart strategy for freelancers seeking stability. It turns project-based work into a more steady partnership. Consider if this focused model aligns with your financial goals and preferred working style.
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