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Manonita Rathore
Gig economy and behaviour &soft skills Expert
Asked a question last year

What are the benefits of freelancing ?

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Sujai Adithya
Business Development and Banking & Financial Services Expert

Freelance work offers tremendous advantages and can represent an attractive alternative to a traditional job. If you are considering a freelance career, you should explore the benefits and pitfalls of freelancing. Below are advantages of freelance legal work.

Advantages of Freelancing:

  1. Flexibility of Hours
  2. Building an Asset
  3. No Office Politics
  4. Freedom
  5. Work-Life Balance
  6. Tax Benefits
  7. New Opportunities
  8. Casual Attire
  9. Full Credit
  10. New Connections

advantages of freelancing are:

Flexibility – the main keyword when going solo

Keeping all the prejudices aside on how millennials do this, do that, “destroy” industries, one of the highest desire of the upcoming generations is flexibility. Whether we talk about having the option of choosing the time to start working or the amount in one day, flexibility is one of the main benefits of freelancing. Aside from this, freelancing gives you the option to work from anywhere – your own home, a café, another city or another country, as long as you have a stable connection to the Internet.

Thriving on variety

One of the greatest benefits of freelancing is having the opportunity to dip your toes into a pool of possibilities. Usually, freelancers work on a variety of projects, from several industries. It’s not unheard of working only with one, but that’s usually a matter of choice (and of income).

Thus, going freelance will give you the chance to grow, to expand your horizons and to achieve plenty of knowledge and an impressive portfolio. This way, you will be some sort of Jack of all trades (but better than a master of none), in your own field.

You choose who to work with

Let’s be honest about something – when having a full-time job, even if you have the chance to work on various projects, choosing which one to work on, is not one of the perks. This way, you might find yourself stuck with a project that goes against your ethical and moral objections, or would stick you in a routine. Even worse, in case your company provides services for other clients, there’s always the option into finding one who is either overly-demanding or aggressive.

On the other hand,  one of the benefits of freelancing is this – you get to choose who to work with. If your client comes to you with a project proposal that doesn’t fit you, or his behavior is not one of your likings, you can always refuse. However, if this is the case, you need to have a plan B. Which, usually freelancers do have – and thus we can talk about another benefit.

Understanding financial security

The idea of living from project to project, without knowing if the income will be enough to pay the bills, is indeed scaring. Yet, history has shown us that having a full-time job, doesn’t necessarily reassure you that you will have the financial security you wish for.

Working as a freelancer makes you aware that maybe, not all the gigs you have are 100% certain. In numerous cases, projects can be cut short for a variety of reasons – budget, style, relationship between the client and the provider and more. Because of this, you will always be prepared to have a Plan B, C or Z, and you won’t leave things to fate.

There is some cost-cutting involved

Maybe this isn’t the main benefit of freelancing, but it’s worth mentioning – working on your own can help you to reduce some of the costs. For instance, if you choose to work from home, you will cut on gas or any other type of commute. Even more, you might have some cost-cuts on food as well, since you can organize your work as you please and you might squiz in some time to cook. However, working from another place, such as a coworking or a café, might increase the costs. But then again, as a freelancer, you can always pick a place closer to your home.

Manonita Rathore
Gig economy and behaviour &soft skills Expert

Freedom of Clients

Freelancers have the unique ability to choose the clients they work with. They also have the ability to work with many clients or only a few select clients. 

Control of Workload

Another benefit of freelancing is the ability to choose your workload. You can work as much or as little as you want, and you can choose projects that are meaningful to you. You get to focus on the work you love without the distractions of a full-time job like meetings, office politics, office distractions, etc.

Flexibility

With such freedom over clients and workload, freelancers have the flexibility that most people dream of. If you want to work full-time most of the year and only part-time during the summer, you have the flexibility and control to make that decision.

Independence

Freelance jobs offer independence. Not only are you free of the cubicle and 9-to-5 work life, you also have the ability to work alone, and for the most part, where you are most comfortable doing so.

Exposure

A lot of jobs offer employees variety; however, working a freelance job opens up the ability work on a variety of projects and topics. Working for one company in-house may not provide experience in other industries and career areas. Freelancing is a way to broaden horizons. This variety can help create an environment that is less redundant and boring.

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