The freedom to choose your clients, determine your hours, and truly own your work can be an exhilarating experience. But with freelancing comes the often complex, sometimes daunting task of managing your finances. Suddenly, you’re not only your own boss, but also your own accountant, tasked with keeping track of who owes you what, when,…
The demand for flexible and remote work opportunities is rising in today’s fast-paced and digital world. Two popular career choices for individuals seeking independence and the freedom to manage their schedules are freelancing and becoming a virtual assistant. At first glance, freelancing and virtual assisting may seem remarkably alike, both providing the opportunity to work…
In today’s globalized economy, Filipino freelancers like you are given opportunities to carve out a niche in the competitive freelance market. But to stand out, you need to leverage effective communication tools that enhance your ability to collaborate and unlock new avenues for expanding your freelance business. When you harness the power of online communication…
Managing finances can be challenging for anyone, but it can be particularly difficult for those without a steady paycheck, such as freelancers. Freelancers are responsible for paying for their own benefits and taxes as self-employed individuals. In fact, FreshBooks’ Money Matters: The Freelancer Finance Report revealed that people who work for themselves experience various challenges,…
Are you tired of the traditional 9-to-5 work schedule? Do you want to take control over your career and achieve work-life balance? If yes, then freelancing may be the perfect career option for you. With technological advancements, more and more Filipinos are turning to freelance as a way to pursue their passions while maintaining a…
Freelancing is no longer considered a hobby or a passion project. For 1.57 billion freelancers globally, having a freelance career has become their primary source of income–a ticket to earning more money and better quality of life. However, it takes a special person to pursue freelancing as their full-time career, let alone succeed. According to…
Many Filipinos start working as a freelancer on top of their full-time careers. But if you think you’re ready to begin your journey towards running your own legal freelance business, this guide is for you. Registering yourself as a sole proprietor legitimizes you as a full-fledged business that abides by government regulations and compliance requirements.…
Freelancers have the freedom and flexibility that comes with running their own businesses. However, this freedom also comes with a set of responsibilities, one of which is invoicing. Invoicing is a critical aspect of your freelance business that can impact your financial stability and success. Thanks to technology, you can bill your clients in the…
For self-employed individuals, one of the challenges of managing your finances is having a clear and accurate oversight of your transactions–and failure to do so may hamper your business growth. This is where bookkeeping goes a long way. In essence, bookkeeping is the process of recording your financial transactions as soon as the money changes…
There’s no better feeling than having the liberty to set your own work time, how long you work, and who you want to work with. These are just some of the positive things you can relish while working as a freelancer. In your freelance business, you are in charge and responsible for everything, including keeping…