Nimble Freelancer

Work from home tips. Passive income path.

SEMrush
  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Contact

How to be a Freelance Courier?

by freelancer

Today, most companies outsource some of their work to cope with time constraints. The companies often hire freelance couriers to get their things delivered on time. Since there is a growing demand for freelance couriers in the current business scenario, a freelance courier job is considered lucrative.

What Does a Freelance Courier Do?

Freelance courier is a part-time job where freelancers usually have tasks to deliver a package to its destination in the fastest and most efficient way. Freelance courier may drive, bike, fly, take a train, or run to the given destination.

SEMrush


How to be a Freelance Courier?

To become a freelance courier, you first need to choose a mode of transport, then consult an insurance agent, sign a contract with a suitable cellular service provider, and finally, promote your business.
The following steps will guide you through establishing your business as a freelance courier:

1.     Select a Means of Conveyance

As per your preferred scale of work, you may opt for a car or a medium-sized van. In the initial stages of work, it is better to choose a car with good running efficiency. Since most of the delivery items are small packages or letters, you won’t really require a large-sized vehicle.

2.     Consult an Insurance Agent

You need to consult an insurance agent to get the delivery items insured and learn about the different rates required for courier coverage. These rates usually depend upon the value of standard deliveries. Thereon, you may go for the appropriate policies.

3.     Set Up a Contract with Mobile Network Operator

Being a freelance courier, you often have to make calls to the delivery packages’ sender and recipient. Besides, you have to be available to receive their calls at any time. So, it is best to purchase a plan with adequate talk time or unlimited calls. For this, you may have to sign a contract with a cellular service provider.

4.     Install a Computer System at your Operation Base

A computer system is necessary to record your work, check emails from customers and clients, create and maintain your website, and manage other work-related communication. Through your website, you will be able to get more business opportunities and expand your work area.

5.     Estimate the Costs

You must be aware of the expenses involved in your car/van’s upkeep and related costs of fulfilling your tasks. For a better evaluation, you may ask your fellow freelance couriers about their work expenses.

AWeber Smart Designer

6.     Promote your Business

After setting up your business, you will need to promote it to reach potential clients. Start with getting your business information available in the yellow pages and similar listings. Thereafter, you can make use of business cards, flyers, and other ways to advertise your work.

 

In real life, a freelance courier is not such an easy and lucrative job. There are a lot of real-life stories that point out that some things couriers must be aware of. Please watch a video about freelance courier and major problems:

Can you make money as a courier? How much money can you make on the courier exchange?
The annually average salary for a Freelance Courier is $45000 in the United States. In the UK, 40K till 50K pounds per year. Please listen to the life story of a real freelance courier:

Freelance Courier Tips:

  • If you cannot maintain a proper financial record of your work, it would be better to avail of an accountant’s services. Alongside this, you may learn the bookkeeping skill yourself to reduce future costs.
  • Freelance couriers generally work for courier firms and local companies and businesses on a subcontract basis. To get profitable work and build healthy relationships with their clients, you may arrange personal meetings or make business-to-business calls with prospective clients. It is important to have a presentation ready and dress professionally for these interactions. Further, you must keep these meetings brief and respect their time. At the end of the meeting, you may provide your business card and price list along with contact information.

One more thing. Please remember this:
Can I send money by courier?
Courier companies do not allow shipping money, coins, banknotes, lottery tickets, coupons, dividend warrants, cheques, and postal orders, or any other document that one can exchange for money; precious metal, and stones.

Filed Under: Freelance, Work

Side Hustle Ideas to Make Money

by freelancer

Side Hustles 2020

If you are looking for earning some extra money and for that purpose, you are planning to side hustle (side job), then you are among 60% of the people who are looking for this as well.

if I say this is not only beneficial for your budget but for your health routine that won’t be any wrong too. Many people in other countries who are spending 9 to 5 on their full-time job and then feel they have more time that can be utilized in a productive way.

AWeber Smart Designer

Profitable side hustles in the first place are temporary jobs but can grow in real business very easily.Online hustle ideas very often can grow into real IT companies. Most profitable side hustles you can calculate when freelancer divides earnings with work time duration.

What are the most profitable side hustles? All passive income jobs like starting a blog or youtube channel can exponentially grow and bring the biggest ROI.

It has become more convenient for now, as you can do whatever job or work you want or you can even sell your services just through the internet while sitting in your comfort zone. Even no matter where you’re from or what you do for a living, thanks to the conveniences afforded to us by the internet, making money is no longer a never-ending problem.

You can, either way, select a method to go for the preferred job you want to do and it is not anything that bothers you to reach it.

AWeber Smart Designer

 

1. Sell items on eBay or Craigslist.

One of the easiest ways to make money without making any struggle or extra hard efforts is to sell your stuff that might be extra and not in your use anymore. you can grab that stuff and put it on the website (any social website) where people can see that ad or post most likely that should be in your area where if you got the possible buyer so it won’t be difficult for you to shift that stuff. Some of the fine tips for selling your stuff is that you have to write a good description and click some of the clear and eye-catching photos then upload it. give a cleaning service to your stuff and there you go.

 

2. Recycle used smartphones.

selling your old smartphones or any device you might have in your home could also pay you off with some good amount of money. this is not about selling your own cell phone but if you have any old iPhone or Samsung, that would pay you well, just sell them on gazelle or eBay or like amazon.

3. Drive For Uber or Lyft.

One of the most widely available ways of making money is to drive for Uber or Lyft. The sharing economy has quite literally exploded, and both Uber and Lyft are at the forefront. The best part? You can turn on and off your availability through these networks with the simple click of a button, effectively allowing you to make money no matter what time of day or night it is.

 

4. Deliver For Postmates.

Another option for earning a side income is to deliver for PostMates. Similar to working for Uber and Lyft, you can work whenever you want. While the pay might not be enormous, you do have the ability to earn tips. If you’re in a highly-trafficked area such as Los Angeles or New York City, this is a great way to earn some cash and you don’t even need a car.

 

5. Rent your spare room on Airbnb.

Airbnb offers a great resource for people that are willing to rent out a spare room or even their entire home. If you’re in a bind for some fast cash, AirBnB offers you an avenue for creating an income. You’ll get paid 24 hours after a guest checks in, which is to avoid any problems or potential scams that might arrive. Some people earn their primary income just by renting out rooms or homes on Airbnb.

 

6. Manage social media for small businesses.

Many small businesses need a social media manager and simply don’t have the time nor the expertise to be constantly posting on social media platforms like Facebook, Instagram, Snapchat, or Twitter. Take it upon yourself to contact local businesses and offer up your services for a contracted monthly fee. This is an easy way to make money no matter where you live.

 

7. Answer questions on JustAnswer – fun side hustle ideas

Websites like JustAnswer pay you to answer professional questions. If you have a high-level skill such, as experience in law, medicine, or information technology, you could get paid to help others navigate certain topics or areas of contention that they might be faced with in life.

 

8. Sell services on Fiverr

Fiverr helped give birth to the Gig Economy. Although services start out at $5, some Fiverr sellers are earning six-figure-plus revenues annually. You can sell just about anything on this platform, but to succeed and become a Super Seller, you need to deliver massive amounts of value, even at those lower price-points.

 

9. Do micro-jobs on Mechanical Turk.

Amazon’s Mechanical Turk platform is one way you can earn money, though it won’t make you rich by any measure. However, if you’re looking to take on micro-jobs that can be done in a few minutes each, by stringing them together, you could earn some cash that might help you out if you’re in a bind.

 

10. Tutor over Skype.

You can tutor people over Skype, no matter where you might live. This is great, especially if you’re a digital nomad and you’re looking to earn more money than the local job market can potentially provide. Tutor people from the U.S. or U.K. if you’re traveling through Asia or another low-cost-of-living country around the world.

 

11. Get a part-time job.

Okay, so maybe you need some cash and you already have a full-time job and you’re just not comfortable making money online or trying to hustle with some web-based project. You could get a part-time job. You can kiss your social life goodbye, but it’s certainly a more guaranteed additional stream of income.
You can try freelancer.com freelance website.

12. Start a blog.

Okay, so you won’t make money that fasts with a blog. But, if you start a blog and deliver enormous amounts of value, you could set yourself up with a platform for ending a tremendous amount of passive income. This is something you can easily build on the side with just a few hours of work per week, but you need to stay consistent and post great content regularly.

 

13. Create an online course.

Create an online course with a platform like Udemy or Teachable and leverage some of your skills to create a healthy income. Depending upon how much time you invest in your course, you could make a substantial side revenue stream by creating courses that deliver tremendous amounts of value.

 

14. Build a sales funnel with ClickFunnels.

As an online marketer and a software engineer, I am obsessed with sales funnels. However, many people struggle with creating the proper funnel that converts. It takes a high degree of technical and marketing knowledge. However, ClickFunnels, a SaaS business with over 40,000 customers, which was started by Russell Brunson, takes all the guesswork out of that. Build a sales funnel and automate your selling with a platform like this.

 

15. Write an ebook.

I’ve long been drawn to the passive income supplied by creating an ebook and publishing an accompanied print-on-demand paperback. By using platforms like KDP and CreateSpace, both by Amazon, you can create an easily create and sell an ebook that costs nothing to produce, and a paperback that earns you money only when it sells, removing much of the prior friction it took to get published.

 

16. Produce an audiobook.

Use a platform like ACX to create and sell audiobooks on platforms like Audible and iTunes. If you have a great idea for a non-fiction audiobook where you can teach a difficult skill like stock trading, foreign currency investing, accounting, online marketing, or others, you can easily create a five-figure monthly income with the right volume of audiobooks.

 

17. Become a personal chef.

Are you a good cook? You could become a personal chef and prepare meals for other people. You could easily market your services on social media or even go all out and build yourself a website. There are also plenty of websites you can use to market your services such as HireAChef.

 

18. Do mystery shopping.

Companies of all kinds are looking for mystery shoppers. Mystery shoppers buy in secret, documenting their experiences with the retailer. This can be done at a physical store or an online store. If you do a simple search on becoming a mystery shopper, you can likely locate several services that will assist you. Or, you can simply contact companies directly to pitch your mystery shopping services to them.

 

19. Walk dogs.

Almost anyone can walk dogs. If you live in a dog-filled neighborhood, create a few flyers on your computer and slip them into mailboxes. Identify yourself as a dog walker and pitch your price. Build up a steady stream of clients and your dog-walking service will grow over time.

 

20. Babysit or become a nanny.

If you need to make some quick cash, you could always start babysitting or even become a part-time nanny. You use a variety of sites to do this like Care.com or SitterCity or even post your services on social media sites. You’ll get vetted and rated for your services, so be sure to provide a top-notch experience.

 

21. Clean houses.

Housekeeping is always an option. There are loads of private families and homeowners that are renting out their homes on a short-term basis that needs housekeeping or house cleaning services. You can list your services on a site like HouseKeeper.com and many others to promote yourself.

22. Participate in marketing focus groups.

Marketing companies are always holding focus groups to study the consumer’s response to products, services, and advertisements across a variety of mediums. I used to participate in these studies often in college, and so can you. You don’t need any special training to do it.

 

23. Have a garage sale.

You could always hold a garage sale to make some money by getting rid of excess clutter in your house. This is great if you have children that have outgrown toys or you simply have a large number of items that you’re looking to part ways with. Post up some signs around town or advertise on Craigslist.

 

24. Create YouTube tutorials.

Although this isn’t the quickest way you can make money with a side income, creating YouTube tutorials can help you earn a respectable amount of income as long as what you deliver is engaging and keeps people interested for long enough. You could also use free tutorials to upsell viewers on the products and services you might be offering.

 

25. Sell technical services on Upwork.

I’ve used Upwork as a platform to hire graphic and web designers for a long time. But Upwork also provides a platform for accountants, lawyers, and other professionals to earn money. Keep in mind that you’re keeping with thousands of other service providers so getting this off the ground will take you some time.

 

26. Design logos on 99Designs.

If you’re graphically inclined and you get a program like Photoshop and Illustrator, you could potentially compete for design work on 99Designs. However, you won’t get paid unless your design is chosen as the winning design, meaning you need to be a very good designer to make an income that’s worthwhile here.

 

27. Become a personal shopper.

Want to shop for others? You could effectively become a personal shopper. If you live in an urban metropolis with concentrated wealth, then personal shopping services are in high demand in your area. Scour the web and other online resources such as ThumbTack to find people looking for personal shoppers.

 

28. Use TaskRabbit.

TaskRabbit links you up with people that are looking to complete specific tasks in your area. Tasks include things like lifting heavy furniture, assembling furniture, and so on. You’ll need to register and get vetted but it’s a simple way you can make a bit of extra income.

 

29. Sell products on Etsy.

Use Etsy to sell crafts or other home-made items. Etsy is one of the largest resources for selling handmade goods on the internet. You could also sell digital items such as digital posters that can be printed out.

 

30. Teach a language.

If you know a second language, and you’re well-versed enough in it, you could teach it to others. You can even teach English to students, or if you’re traveling as a digital nomad, you could teach English as a second language in your country of choice.

 

31. Wash and detail cars.

Wash and detail cars in your area. Hand out flyers in your neighborhood or post on social media offering your services. Mobile car washing and detailing has become a relatively lucrative business in more upscale neighborhoods.

 

32. Open a Mobile Pet Grooming Service

Try your hand at pet grooming. Purchase and outfit a mobile van so that you can groom pets on the go. This does require a small investment, but it’s a side job you could enjoy when you have spare time.

 

33. Start a food truck.

Purchasing a food truck requires a substantial investment, but the food truck business is growing significantly. Location and cuisine choice are important. Be sure to do ample research before getting started.

 

34. Become a freelance article writer.

Write articles for other people. If you have a passion for writing, you could help out other bloggers or even become a ghostwriter for a well-known author. Use sites like Freelancer, Upwork, and others to advertise your services.

 

35. Personal training.

Find clients that you can help out to achieve their weight loss or fitness goals. Create meal plans or construct workout routines and you could make an admirable income for your efforts.

 

36. Give music lessons.

If you play the piano, guitar, or another instrument, consider teaching others in your local area. Advertise online through social media or through your personal or professional networks.

 

36. Become an affiliate marketer.

Affiliate marketing is an extremely alluring industry. However, many affiliate marketers don’t make much money. If you have the skills it takes to succeed in this arena, you could quite literally make a small fortune. But be careful not to get drawn into pie-in-the-sky hopes or dreams of making money without putting in much effort.

 

37. Do email marketing.

Email marketing is one of the most profitable forms of marketing that exists online. However, attracting subscribers and making a personal connection with them takes a good deal of work. Use platforms like LeadPages, Aweber, Constant Contact, MailChimp, and ConvertKit to get things off the ground.

 

38. Write resumes.

Good at writing resumes? Use sites like LinkedIn and other professional sites to advertise your resume writing services. Do a few for free and grab some raving reviews, then watch your sales skyrocket.

 

39. Be an extra in movies.

If you’re looking to make a few extra bucks without a major investment of yours, try your hand at being an extra in a movie. There’s a lot of sitting around and waiting, but the pay is good if you’re in a production city like Los Angeles, New York, London or Vancouver.

 

40. Reduce your expenses.

Sometimes, making some extra cash can be done by cutting expenses. When was the last time you audited all your monthly expenses? How much is going out the door for that gym membership you don’t use or those pricey lunches you have every day?

 

41. Start a GoFundMe Page.

Try raising some personal funds using GoFundMe. You can advertise your page to your network through social media, and if you can create a compelling enough story, you might just have enough takers that decide to help you out.

42. Sell your hair.

Have long hair? Why not sell it to make a few extra bucks? Advertise your hair for sale on a site like HairSellOn or any number of others that are out there.

 

43. Become a house sitter.

Become a professional house sitter and watch homes for people that go on vacation or have a second home and don’t spend much time there. HouseSitter.com and Care.com both offer house-sitting jobs.

 

44. Teach driving lessons to students.

Are you a great driver? Why not get licensed as a driving instructor? You can advertise your services both online and offline or use a site like Indeed.com to search for part-time driving instructor jobs.

 

45. Become a local tour guide.

If you live in a vacation destination, consider becoming a local tour guide. You could even offer your services for free and then ask for a tip at the end, drawing more people into touring with you.

 

46. Become a virtual assistant.

Virtual assistants are in high demand, but it only makes sense from an income standpoint if you have lots of free time and you’re very organized. It also doesn’t hurt to live in an area with a lower cost of living.

 

47. Do interior decorating.

If you have an eye for design, consider doing interior decorating for clients. Use a site like Houzz to advertise your services to the masses.

 

48. Sell on CafePress.

CafePress allows you to sell items that feature a digital design. If you’re a great graphic designer, you could create a number of designs that would fit different formats such as shirts, hats, and cups, and earn a commission when they sell.

49. Invest with LendingClub.

LendingClub is a peer-to-peer lending service that you can invest in. If you have some extra cash and you’re looking to put it to use, you can leverage this platform to invest in businesses from a wide range of industries. Risk is calculated for you using algorithms, and the more risk in an investment, the more potential for reward.

 

50. Create a smartphone app.

If you have some app development skills and you’re proficient at Swift or Android-based development platforms, you could try your hand at creating a smartphone app. Obviously, this isn’t a quick or easy way to make money but could pay off big with the right idea.

Tips:

You can earn as much as you want if you are just willing and for those who are willing then

Filed Under: Freelance, Passive income

How to Become a Mystery Shopper?

by freelancer

Mystery Shopper

Hi, everyone… I guess my topic name is quite indicating the thing that I am going to share with you today. a lot of people might not know what mystery shopping is basically, and what it can do to us and how we can earn from, whether can we really earn or not? since this has been the thing, let me share one thing that it is quite obvious that you can easily earn from mystery shopping now let’s see what mystery shopping is.

 

SEMrush

What is Mystery Shopping?

The term mystery shopping or secret shopping is used by organizations, involved in marketing research. Mystery shopping or secret shopping is a technique used to gauge the level of sales and service quality, regulatory compliance, job performance. Sometimes, the mystery shopping method is used to collect specific information regarding, competing organization’s products, quality, service, pricing, promotional activities, and strategies.

In simple words, mystery shopping is directed by third parties and they pay you for shopping the market of your area and give them feedback about the products and service.

 

Now, what are the objectives/Goals of mystery shopping?

The major goal of mystery shopping is to identify the potential areas to improve and offer better quality services and/or products upon getting the feedback, how the organization is getting perceived as compared to the other competing companies in the same portfolio from the customers, and end-users’ perspective.

MEASURE AND MONITOR YOUR BRAND STANDARDS

Cleanliness and general appearance of location – both interior and exterior
Cleanliness, functionality and stock condition of restrooms
Customer thank you and invitation to return
Impact of team training
On-site branding and operational compliance
Overall on-site customer experience
The overall quality of product or service
Product/service selection and availability
Upselling of additional products and services
Emotive and experiential perceptions of the customer
Salesforce effectiveness
Team member appearance, friendliness, and engagement
Wait and service time

SEMrush

Upon utilizing such valuable information, collected through Mystery shopping, the organizations can enhance its products’ sales, create happier and satisfied customers, eventually, achieve organizational financial and commercial goals.

 

What Mystery Shoppers do?

A mystery shopper is an individual who is inducted to collect information and data from the various stores through posing him or her as a real customer. Mystery shoppers may be termed as “Undercover Buyers”, who are supposed to visit a real marketplace to observe closely, interact fairly and make and share the report on the way employees deal with the customers. Sometimes, organizations have their own mystery shoppers, who do this job for them, and sometimes, the same services are acquired from third-party sources.

Reputed mystery shopping organizations give a secret list of tasks to them to accomplish. Upon completion of such tasks, mystery shoppers are required to submit a comprehensive report back to their reporting managers. Many tasks including, cleanliness, employees’ behavior with the customers, level of quality of services offered to the customers, and many more, may be given to the mystery shoppers.

How to Become a Mystery Shopper? How to get paid as a secret shopper?

Every adult person can become a Mystery Shopper and make extra money as a mystery shopper if applies to a mystery shopping website, visits retail stores, follows the secret shopper rules, and creates reports.

Step 1: How do you apply to be a secret shopper? 

Identify and make a list of the reputed mystery shopping organizations in your vicinity.

Mystery shopping organizations are:

  • MarketForce the best mystery shopping organization in the USA and worldwide.
  • A Closer Look mystery shopping
  • Intelli mystery shopping,
  • GBW mystery shopping,
  • Perstrat Healthcare
  • Mystery Shopping,
  • Pinnacle Mystery shopping
  • Quest for Best Mystery shopping.

Step 2:

Get paid to shop mystery shoppers: create an Account or Signup through mystery shopping organizations websites.

Step3:

Start shopping and make reports

Note The more organizations you signup, the more chances to get hired to make money easily.

Skills required to become a mystery, shoppers

The following are the competencies and skills required to become a mystery shoppers, although not a big deal, especially for the students. People can make up to $14,000 in a year as secret shoppers through performing tasks on weekends, during lunch breaks, or while coming back home from the work.

  1. Own transport
  2. Interpersonal Skills
  3. Communication Skills
  4. Time Management Skills
  5. Comprehensive Writing Skills
  6. Ability to follow and fulfill the deadlines
  7. A good memory to retain information collected

Filed Under: Freelance Tagged With: how to become a mystery shopper, mystery shopper, mystery shopping

How Much should you Charge for Freelance Excel Work Hourly Rate?

by freelancer

Recently we made one analysis of freelance Excel work hourly rate based on statistical data on websites freelancer.com and upwork.com. We made one simple data Table and tried to see how freelancers usually charge their work on freelance websites.

Freelance Excel work hourly rate ranges from $5 to $50 on major freelance websites. Excel work hourly rate depends on Excel job type, industry, and country of investor and freelancer.

Excel job type can be related to data and data entry, features engineering, data preprocessing, and in that case, freelance Excel work hourly rate is from $5 till $25. If you have VBA programming, coding, macro creating, then freelance Excel work hourly rate is from $10 till $50.

SEMrush

The industry has an impact on a freelance hourly rate. The banking industry and machine learning industry have the biggest hourly rate from $20 to $50. Employers from this industry usually pay higher rates.

Freelancers from the USA, Canada, Australia, Japan, West Europe have higher hourly rates (even 50% to 200%) because of a higher standard of living in their countries. This is usually the opportunity for other freelancers to offer lower rates. However, employers from richer countries have just 15% higher rates when comparing employers from the poorest countries.

Major freelance websites have more than 80% of all active freelancers from the “poorest countries” because richer countries freelancers avoid low rate competitions.

Here are major stats:

What affects the hourly rate?Freelance Excel Hourly Rate
Freelance Excel hourly rate$5-$50
Average rate (all data)$15
Average rate data prepossessing$10
Average rate data entry$7
Average rate VBA programming$15
Average rate 3D Formulas Excel$16
Average Excel Analyst Jobs$25

Filed Under: Freelance

Do Freelancers Charge Tax

by freelancer

Freelancing and Tax Return: What You Needed to Know

Most people believe that a freelancer does not have to deal with taxes, mainly because their job description is different from a standard entrepreneur. However, this is not the case. So, to answer the question – Do freelancers charge tax? Yes, such a self-employed individual is required to properly comply with all tax regulations laid down by the State in which he/she is operating.

SEMrush

But as a freelancer, you can reduce your tax bill and save hundreds of dollars in the process.

Even though a freelancer’s taxation process is not complex, many individuals have difficulties understanding Sales Tax and use tax and if they need to consider these two types while filing their tax returns. To provide a better view on the topic, what these two types mean to freelance has been mentioned next:

Does a freelancer need to deal with use tax?

This tax type will apply to those tangible personal properties and/or services purchased outside the State from where the freelancer operates. The product/service in question should be purchased from any State other than the place where it will be used. In the case of a freelancer, use tax is also applicable if the State’s retailer from where the product/service was sold does not collect sales tax. A freelancer also has to deal with the use tax if the sales tax in the freelancer’s operating state happens to be higher than the sales tax rate in the state from where the product/service was sold. Use tax applies to all freelance professionals like sole proprietors, individuals, and LLCs. Besides, they are also applicable to consumers and businesses.


Does a freelancer need to deal with sales tax?

On the other hand, this tax type will apply to retail-sold tangible personal property and/or services. In case of use tax, a freelancer also needs to file sale tax returns if the freelancer happens to collect sales tax. So, if you are collecting sales tax and/or use tax, you need to get a sales tax license/permit. When a freelancer applies for the permit, he/she also gets a sales tax identification number depending on the State from where they will be operating.

AWeber Smart Designer

Factors affecting use tax and sales tax for a freelancer

As these two types will apply to a freelancer, he/she must get familiar with the different factors affecting both of these taxes:

The state where the freelancer will be operating from will affect the sales tax and use tax for the individual. Tax regulation will vary from one state to another. Having a sales tax exemption certificate is also another factor. Based on the state you are operating from, the certificate comes into effect when the final product/service sold is subjected to sales tax. In fact, in most cases, the seller should have a Certificate of Authority if he/she wants to accept the exemption certificate. The type of product and service that the freelancer is involved with will also play in sales tax. Such type of tax is only applicable to tangible goods and services. However, the list may differ from one state to another.

Besides these, many other factors can affect both use tax and sales tax for a freelancer. Knowing and understanding these factors will provide you with the insight that can help you handle the whole taxation procedure more effectively and accurately.

Tax deduction in the USA for a freelancer based on IRS are:

Advertising and marketing
Computer equipment and software
Office supplies
Home office
Utilities
Travel and business meals

In the rest of the world (EU, for example), freelancers have 5% to 15% smaller taxes than other LLC companies.

As a self-employed individual, the whole taxation responsibility falls on the freelancer, who can be overwhelming. Thus, you should get professional help to better grasp the whole thing and, most importantly, file and submit the related tax documents accurately and on time as per your State’s tax guidelines.

Filed Under: Freelance

How to Buy a House as a Freelancer

by freelancer

How to Buy a House as a Freelancer

You may be here because you have successfully built your freelancing business, and now you want to make your living more secure by investing in a house. It may sound easy, but you may have to face many problems to get your dream house. One of the biggest problems is the freelance mortgage.

SEMrush

To buy a house as a freelancer and get the mortgage, you need to gather the following documents:

  • At least two years of tax returns.
  • Profit and loss statements.
  • Bank statements showing the money you have saved.

As you are a single owner of your business, you don’t need to get a surprise about this. Many individuals do not know how to deal with such situations, but you can relax as you are not one of those because we have got you covered.

This article has listed some valuable advice that you can follow and get a mortgage. By the end of this article, the troubling question about how to buy a house as a freelancer will be cleared from your mind.

1. You will need 2 years of tax returns

To get a mortgage loan from the mortgage lender or bank, you will need to have at least 2 years of tax returns. This will show how you have generated the income from your individual business.

It will also show that you are credible and will be able to afford the mortgage payment in the following years.

SEMrush

You can even opt for a cosigner. A consigner will help you obtain loan terms, and they can also help you increase the amount of principal that you can receive.

2. Ask your lender to average the yearly income

You have to be clear on the numbers that your lender will generate the mortgage in the pre-approval stage. Usually, mortgage brokers average the income that you have on the file (in this case, 2 years). But, sometimes they could use that number which is the lowest.

If there are particular reasons why your one tax return is lower than others, explain it to them. Your reasons could be any – sudden changes in the family, maternity leave, or any other major life-changing event. Just explain it.

3. Your savings could come in handy

If you have accumulated money you can give as a down-payment, this could be very beneficial. How? Making a heavy down-payment sign that banks and other lenders will notice will excuse you for your fluctuating income.

4. Keep your credit score in check

An excellent or even good credit score can be very beneficial for a freelancer while hunting for a loan. This will prove your financial management and stability with your lenders.

It would help if you took away quickly to expand your credit score as much as you can before seeking a loan. You can build up by applying for a fresh credit card if you don’t have one, paying bills off on time, keep the balance low, etc.

5. A tax deduction can haunt you

Tax write-offs can be both a curse and a blessing for a freelancer. There are some advantages to writing off some business expenses like office supplies, monthly rent for the home office, software subscription, etc.

However, tax write-offs can affect your mortgage loan, as if there are more tax write-offs, the paper’s income will be shown less.

Final Words

Buying a new house as a freelancer could be an intimidating task, regardless of your job and earnings. You will have to show your achievements and records to the money lenders and banks to get a loan.

On the flip side, if you will see, few tips could seriously come in handy and make your overall house hunting less daunting. I hope you find these tips valuable and use them wisely to get your dream house. Good Luck!

Filed Under: Freelance

Do you know your freelance rights?

by freelancer

Do you know your freelance rights? Freelancers are independent workers, and they have some rights, which protect the client from controlling their behavior and financially. The freelancer can object if the employer tries to control them, and they can inform the client that there is a difference between an employee and an independent worker which is acknowledged by the IRS and department of labor. Even if the employer has signed an agreement with the freelancer, the freelancer will continue to retain his rights. For freelancers who are not sure about their status, or wish to claim that they are employees, they should contact an attorney. All rules are listed on the IRS website.


Freelancers rights

SEMrush

– Freelancers can work wherever they want, they are not required to work at the client’s office for some hours. However, the freelancer may have to attend meetings, events or make presentations as specified in the contract

– Freelancers can work whenever they wish, the client cannot stipulate that he works for a specific number of hours in a day or control the time schedule

– Since freelancers are hired for their existing skills, they decide how they will complete the work assigned, the steps taken and equipment which will be used. The client will not train the freelancer, though they may provide guidelines for the work and indicate what they expect. The client will not control the work process.

– Freelancers can take additional clients if they wish to. Freelancers are free to market themselves to prospective clients and get more orders, the client cannot prevent the freelancer from working for a competitor. The client may specify that the details of the work done by the freelancer for them are not discussed with, others, by having them sign a non-disclosure agreement.

– The freelance work may be subcontracted to others, without informing the client. If the freelancer has many orders or feels that some part of the project may be completed better by another freelancer, he can subcontract part of the order to another freelancer if he wishes. The client can specify the end product and its quality, the freelancer will not specify the process used by him.

Other rights specified in the contract

SEMrush

– Intellectual property rights: The freelancer should always grant the client the least possible rights to the intellectual property (IP) since the IP may be profitable in the future. Contracts which specify that the freelancer should give up all rights for the future should be avoided.

– The freelancer contract should specify how much he should be paid, either hourly or for the project and when the payment is due or payment schedule. Specifying a late fee, usually 1.5% interest can help ensure prompt payment.

– The freelancer should also specify the kill fee or early termination fee in the contract. This is the amount that the client will have to pay the freelancer if they terminate the contract early. It is a very effective way to protect the freelancer from clients who cancel projects or change their requirements.

– Freelancers have the right to offer a reasonable number of revisions for free, and then charge for each additional revision. It is not advisable to spend more time, the effort for only a few clients, the effort will depend on how much they pay.

Filed Under: Freelance

Powerfully-simple email marketing for ecommerce businesses by AWeber
SEMrush

Categories

  • Active Income
  • Advertising
  • Amazon
  • apps
  • Business
  • Computer
  • Ebay
  • Ecommerce
  • Education
  • Facebook
  • Featured
  • Formal education
  • Freelance
  • Freelancer
  • Gaming
  • Graphic Design
  • Grocery Business
  • Home
  • Industry
  • Internet
  • Investing
  • Jobs
  • Law
  • Legal
  • Life
  • Marketing
  • Media
  • Money
  • Passive income
  • Personal Finance
  • Rights
  • Sales Funnels
  • SAP
  • Selling physical products
  • SEO
  • Software
  • Technology
  • Uncategorized
  • Windows
  • wordpress
  • Work
  • Work From Home
  • Writing
  • Youtube
  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Contact

Recent Posts

  • How Does Instacart Pickup Work in the US?
  • When Does Instacart Pay – Instacart Payday
  • Instacart No Delivery Times – Why is Instacart So Slow?
  • Sprouts vs. Whole Foods – Is Sprouts Expensive?
  • Instacart Tipping – How Much Should You Tip Instacart Driver?

Copyright Nimblefreelancer.com 2020

Privacy Policy - Terms and Conditions