Advantages And Disadvantages Of Being A Freelance Writer

There are many advantages and disadvantages to working as a freelance writer and it is up to you to weigh both before you decide to start on a new career.

• As a freelance writer one of the biggest disadvantages is the lack of stability. Not everyone is prepared for the lack of stability which is associated with freelance work. Many people understand that there is significant opportunity for growth and significant opportunity to supplement and eventually replace your current income however many people fail to realize that most of the jobs you find will be short-term. The short-term jobs or in part what give you the freedom associated with freelance work.
• Instead of having to check in regularly with the client you can complete a job once and the job is over after that.
• You no longer have to check in you no longer have to meet deadlines the job was simply a onetime gig. But that also means that your search for work does not end and that upon finishing one job if you plan to make more money you have to find another job to replace it. Many newcomers forget that landing that first job from a client only gives you one job one time there is no guarantee that client will have regular work for you . Another disadvantage is that some clients will try to avoid payment or may not issue prompt payment.
• If you are working with third-party money then the money should be held in escrow prior to you starting the job. This means that you will have to wait a maximum of 30 days after you have completed the task to receive your payment. If you are hired to do an emergency job one which is completed in the span of 24 hours becoming very frustrating to have such a high demand placed on you and then to have the client disappear for the next month.
• On the other hand this is not always the case and for many clients, one of the advantages to freelance work is that you can receive payment sometimes instantaneously. Upon completing a task your client may very well turn around and release the money to you within the hour. This means that you get money almost as soon as you finish a project. Some clients release payment within 24 hours. If you are in need of emergency money, or you have an unexpected bill that you have to pay within the next week, being able to locate new jobs immediately and to receive prompt payment for them can help free you from many financial burdens that are faced by other individuals with a set income.