Making the transition from a full-time employee working for an organization to a self-employed freelancer is nerve-wracking. You’ll abandon the stability your full-time job provides in favor of having more control and autonomy. This is a huge shift but is correlated with higher job satisfaction. When considering freelancing, you should have a solid business plan and financial model to guide you, there’s no reason why you can’t remain profitable indefinitely.
But, Consider Freelance Business Costs
However, it’s unwise to jump into the freelancing world without thinking. Even if you plan on working from home and starting your operation with as little money invested as possible, there are a number of costs you’ll need to consider before considering freelancing.