Many freelancers take on projects through online marketplaces and develop these projects into long-term relationships. Before they know it, they have many clients. From there, it could signal the ability to convert those projects into a formal business. Inc. offers four actions to take, including choosing a business structure, defining your brand, considering a raise in your rates and developing policies and procedures. In the article, Inc. cites Due’s Freelancer Guide, which offers more tips and tricks for building out a thriving freelance business.

You can read the original Work Into a Formal Business article here.

Due’s blog also features a category dedicated to the issues, trends, and tools that impact freelancers, focusing on helping this powerful force within the workforce grow their businesses and further contribute to the national economy.

Convert Online Work Into Business