Freelancing is the act of working as a self-employed individual who offers services to clients on a project-by-project basis, rather than working as an employee for a single company. Freelancers are hired to complete a specific task or project, which may range from writing and design work to software development, accounting, or consulting. They work independently, set their own rates and schedules, and manage their own workflow.
Freelancing is often associated with a high degree of flexibility and autonomy, as it allows individuals to work from anywhere and choose the projects they want to work on. However, it also requires self-discipline and business skills to succeed, as freelancers are responsible for finding their own clients, managing their finances, and delivering high-quality work on time.
Many people choose to become freelancers because of the potential for a better work-life balance, the ability to pursue their passions and interests, and the opportunity to earn a higher income.
See also: Direct Costs, Spendable Income, Demand, Rush Fee