DO YOU HAVE WHAT IT TAKES TO START YOUR OWN FREELANCING BUSINESS?
Before you decide to break free from the 9-5 job, it is important to realize that a small business owner must wear many hats. Ask yourself the following questions before you make your decision to freelance?
- Do you have a general good business sense?
- Is your paralegal experience varied in different areas of law?
- Do you posess the qualities of high energy, resourcefulness and self discipline?
- Have you developed the necessary skills in dealing with different personalities?
- Do you have a strong devotion to the succes of your business?
The advantages of being a freelance paralegal are bountiful. You have the control of your workday and you reap the full benefits and praise of a job well done. There is little chance that you will be bored since there is a variety of tasks and plenty to do.
The biggest disadvantage of doing freelance work is the inconsistancy of income. For example, if you had a large job and refused other work to complete it, a slow paying client can really disrupt your cash flow. Other discouraging factors include: dealing with many different types of clients, having to do everything yourself and the isolation of working alone.
Understand that you will need to work harder for yourself than for anyone else but in return for careful planning, discipline and hard work, you can achieve great personal rewards, financial gain and professional status.