What is Freelance? What are the Advantages of Freelancing?

The dizzying development of technology and digitalization have brought about great changes in the business world as well as in all areas of life. The spread of the habit of working away from the office with the pandemic has permanently changed the way we do business. At this point, freelancing has also become very popular.

What is Freelance?

Freelance, in its simplest definition, means “freelance work”. Freelance work; It offers the opportunity to work independently of any institution, office environment and working hours. Freelance jobs, whose borders are as wide as possible, are extremely suitable for today's conditions.

The scope of the answer to the question of what is a freelance job is extremely wide. It is possible to work as a freelancer in almost all sectors. Freelancers have the opportunity to pursue the job they want from anywhere in the world, according to their skills and expertise.

What are the Advantages of Freelancing?

Freelance work, whose popularity and prevalence is increasing day by day, brings various advantages. It is possible to list the main advantages of freelancing as follows:

Working independently of time and place: Freelancers, also called freelancers, can run their business without being tied to working hours and without the need to go to the office. Freelancers can set their own working hours as long as they do not delay the deadlines of their jobs.

Opportunity to do work loved: Freelancers can more easily get the opportunity to pursue their favorite jobs in line with their skills and experience compared to office workers. In this sense, freelancing differs from the flexible economy. Differences between freelancing and flexible economy What is flexible economy? You can learn from our article.

Ability to adjust workload: Freelancers can adjust their workloads themselves. If you work freelance, you can choose projects that are meaningful and high added value for you, and you can build a career that is farther away from the stressful conditions of business life.

Multiple sources of income: Freelancers can create a wide client portfolio as long as they can establish solid professional connections and conduct their business meticulously.

In this way, they can increase their earnings without being tied to a single source of income.

What are the Disadvantages of Freelancing?

Although the advantages it offers are extremely attractive, freelance jobs also have some negative aspects. Here are the disadvantages of freelance jobs:

• Continuity issue: Freelance jobs can be project-based or terminate when the employer's needs are met. Therefore, freelancers may have to struggle to find new jobs.
• No fixed income: Full-time employees receive regular monthly salaries. Freelancers earn as much as the work they complete. Moreover, delays in payments are a common problem.
• Lack of insurance and other rights: One of the most important advantages of full-time working life compared to freelance working conditions is the insurance and benefits offered to employees. Freelancers have to take their own precautions for future risks. At this point, İşbank life insurance offers significant support to freelancers.
• Security issue: Freelance jobs are jobs where intensive use of technology is inevitable in terms of remote execution. However, bad software such as viruses can seriously disrupt the work. At this point, it is vital to take precautions such as cyber security insurance.

Freelance Business Ideas

With technological developments, our working lives are evolving and freelancing opportunities are expanding. Here are the top business ideas that allow you to freelance:

• Software expertise: Software specialists who develop websites, applications and games are among the most suitable professions for freelancing. Moreover, since there is a great need for software-oriented businesses abroad, it is possible to do global business.
• Visual arts: Visual arts, which is one of the jobs that can be done as a freelance, has a wide range. It is possible to work freelance in many different fields, from graphic design to video editing.
• Authorship and editorship: Authors and editors, who specialize in producing quality digital content that focus on SEO and increase the brand values ​​of companies, have the opportunity to work freelance.
• Social media expertise: Social media expertise, one of the most popular business areas of recent years, is one of the jobs that can be carried out as a freelance.