The new year is awash with resolutions and a sense that now is the time to take action. For many this can be a case of getting back into shape or giving up a bad habit, but why not take it a step further and fulfil your dream of being your own boss.
While it’s perfectly normal to fear giving up the security of having a salary, there are plenty of reasons why more and more people are taking the plunge and becoming self-employed.
Freelancers Earn More
As a freelancer, you’re the boss, so you get to decide your working rates, which means if you’re in demand or working on niche projects you can increase your rates accordingly. Plus, low overheads mean you can save money and grow your salary quicker than in regular employment.
The Wonders of Technology
Technology has transformed the freelance market. Online marketplaces and recruitment platforms have meant that selling services and goods or finding work is easier and more straightforward than ever.
Not only that but advancements in how we communicate via smartphones and computers means all you really need is a decent internet connection and a computer device of some kind to work.
Freelancers are Happier
Research carried out by Brighton Fuse 2 also shows freelancers have an above average level of satisfaction in comparison to the rest of the population. Being able to choose your projects and working hours, as well as doing something you enjoy can all help to contribute to a better work/life balance.
Freelance Work is Flexible
One of the other benefits of freelance work is that you’re not constrained by the typical 9-5 working day. You can adapt your schedule to fit in with global clients, personal commitments and even your travel plans. Putting together a presentation lying by a pool in the sunshine is far more appealing than sat behind a desk.
Added Health Benefits
The negative effects of sitting behind a desk for 8 hours plus a day continues to be under debate. However, if you’re working from home or out and about as a freelancer, you’re more likely to keep active, improving your blood circulation, general health and well-being.
Tax doesn’t have to be taxing
The tax system is continuously being brought up to date to make the annual tax process easier. The introduction of online self-assessment tax submission and other online services has made a real difference to the entire process, making self-employment a more attractive prospect.
With 2016 already underway, don’t wait any longer for the ‘right time’ to quit your job, as there isn’t likely to ever be one. If you have a great idea, seize the moment now and don’t look back.