A freelancer is a self-employed professional who offers their skills and services to multiple clients, rather than being a permanent employee of one company.
What is Freelancer?
A freelancer is an independent contractor who provides services to clients, typically on a project-by-project basis. They are not a formal employee of the client's company. This means they handle their own taxes, find their own work, and set their own schedule and rates.
Why is this important?
Understanding this term is crucial because it defines your legal and professional status. As a freelancer, you are running a business. This affects how you find work, manage finances, pay taxes, and structure contracts with clients.
How does it work?
You secure projects directly with clients or via platforms. You agree on scope, deadlines, and payment, then complete the work. Payment is usually per project or hourly. You invoice the client and are responsible for delivering the final work product.
Pros and cons
Key advantages include flexibility, being your own boss, and diverse work. The main challenges are income instability, no employer benefits like health insurance, and handling all business administration yourself.
Conclusion
Being a freelancer means embracing entrepreneurship. It offers great freedom but requires discipline in managing your business operations. Success depends on your ability to deliver quality work while handling client relationships and your own finances effectively.
Ready to freelance?
Download the HFS Freelancers app and discover flexible shifts in your area. Or explore more terms in our knowledge base.
