Planning to Build a Career
in Freelance Writing?
Expenses Incurred by Freelance Writers
writing business is one of the most lucrative freelance businesses
there is. Not only does freelance writing work
offer flexible work hours and the opportunity to work from home,
freelance writers also enjoy the freedom of being their bosses.
It is not surprising then that numerous individuals have opted for
a freelance writing career.
Whether you are just
starting out on your own or you've been into the freelance writing
arena for some time now, you are bound to incur a number of typical
expenses in order to run your writing business smoothly. The trick
is to keep a track of these expenses so that you are a good position
to manage them well and cut unnecessary costs wherever possible.
Let's take a look
at some of the most common expenses -
The Traditional Me: Office Supplies
There are some of
us who still prefer the traditional style of writing, using a pen
/ pencil and paper. Good quality office supplies are a must-have
to perform your day to day writing tasks efficiently. Some important
items that you must have at arm's length include files &
folders, staplers & pins, envelopes, etc.
The Techno Savvy Me: Laptop/PC, IPad, Printer, Copier
internet has transformed the manner in which we run businesses
today. Right from building new clients across the globe to
interacting with them and sending them finished work, a stable
internet connection and your own personal computer / laptop
/ iPAD is an extremely important investment, one that
you should not ignore. Many writers prefer to begin writing
by first jotting down rough ideas and thoughts on paper and
later, using a computer to give actual shape to the write-up
in the digital format.
there is a need to keep hard copies of the work done and contracts
signed. You may want to either buy your own small printer
/ copier or have regular access to such a service.
Me, the Entrepreneur: Work Space Setup
you choose to pursue your freelance writing career from
home or office, you will have to bear the cost of
renting a work space.
there will be expenditure on setting up and personalizing
your space so that you can work efficiently and produce
desired results including purchasing a good quality
computer table / work desk, an ergonomic & comfortable
chair, a table lamp, etc. Here are some Essentials
of a Good Writing Space.
Me, the Professional: Travel & Meetings
local clients prefer to meet the writer before handing
over their large writing projects. Meeting clients from
time to time to discuss work & pitch for projects
involves a fair share of travelling - one of the reasons
why, travel expenses can be quite high in this field.
Me, the Publicist: Marketing & Promotion
freelance writers don't leave any stones unturned when
it comes to finding work, promoting their business and
marketing their services. Naturally, all this involves
of the most common marketing costs include - designing,
building & maintaining a website / blog / FB Page,
getting business cards designed & printed, registering
with different freelance writing sites and portals,
advertising on other websites, etc.
like any other business, freelance writing too requires
investments in terms of time & money.
Having a clear picture
of the ongoing expenses you are likely to incur will help
you plan your revenue model and writing fees accordingly.
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