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.