On average, a full-time freelancer works for 43 hours per week.
That is similar to a regular nine-to-five job. However, freelancers have flexible working days and schedules.
Some freelancers may work part-time, around 20 to 25 hours per week, while others may work for more than 40 hours.
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The hourly wage for freelancers in the United States can be as high as $132.21 or as low as $14.90.
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Keeping your accounts up to date and staying on top of invoices is critical for success as a freelancer. Doing so will help you run as tax-efficiently as possible and reduce instances of late payments to protect your cash flow.
The Quickbooks accounting app is one of the most popular of its kind, especially as it has a plan exclusively for self-employed freelancers. Having an app like this on your mobile, while youβre out and about, makes it quicker and easier to track miles and record transactions as and when they happen.
This is a free accounting app that is also a bookkeeping software and invoicing platform. Manage customer and supplier invoicing, upload receipts, view reports and complete banking straight from your mobile.
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Social media can be an invaluable tool for getting your name out there, building your audience and sharing your content far and wide.
However, to get the most out of your social media channels, they require investment of time and effort, which can be significantly optimised with a scheduling and management app.
π₯ Two of the most popular right now are Hootsuite and Loomly.
Download the Hootsuite app to draft, schedule, and publish social media content across all of your platforms from one dashboard. You can also engage with your audience and access performance analytics directly from the app, without having to log in to separate social media accounts.
This other popular social media management platform has recently launched a brand-new mobile app. Once all your social media accounts are connected, you can then create, optimise, schedule and analyse performance of your social media content all in one place.
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Discovery is an important part of being able to effectively market yourself as a freelancer.
Effectively leverage SEO to help people find your website. SEO as a whole is complicated. At a high level, your job as a website owner is to provide information to people as fast and efficiently as possible.
You can check out services like Ahrefs, which can really help you level up your SEO game by targeting keywords and monitoring performance of keywords that you are ranking for.
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The arts & design industry has the highest proportion of freelance workers in the US - around 3 in 4 are self-employed.
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More than half of US freelancers (56%) agree the leading reason for taking work on a gig platform is to save up extra money.
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β¬οΈ Forbes reports a 59% increase in full-time working freelancers in the US last year. However, the demand seems unmet, with a whopping 79% of US companies planning to increasingly rely on freelance experts in the future.
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Freelancer statistics obtained in a recent study by Payoneer show that the majority of freelancers (36%) have clients across North America, with Europe taking second place with 27%.
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