With the festive break fast approaching it’s hard not to think about what the new year will hold. Setting New Year's resolutions can be a great way to focus on your aims and goals for the year to come. And if 2020 feels like the right time to make the jump to self-employment, here’s five things to consider if you want to go freelance. The benefits of working for yourself can be amazing. You’re your own boss, you can work from home, and set your own holidays. However, branching out on your own isn’t as simple as walking out on your job before Christmas and racking in the big bucks come Jan. 2020.
According to statistics collected by the Professional Contractors Group, there are 1.4 million freelancers in the UK which is a 14 percent growth over the last decade. Seventy-eight percent said freelancing and flexible working help promote a good work/life balance and 72 percent said they think freelancing had a positive impact on their family life. According to the Office of National Statistics the number of self-employed workers has reached a record high. LinkedIn cited that some of the benefits of freelancing include the variety of work, flexible hours meaning you can avoid the dreaded commute, and you keep all of the profits you make. However, freelancing isn’t all work coffee dates and working in your pyjamas. LinkedIn’s careers expert Charlotte Davies explained the five things to bear in mind before you take the freelance plunge in 2020.