How to work smarter, not harder, as a freelancer
Ever have weeks / months where no matter how much money you’re bringing in, the bills just never seem to end?
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I’ve been having a few weeks of this, and because my husband is also a freelancer it makes it ultra hard to forecast and get ahead sometimes. All it takes is an unforeseen massive vet bill or an unpaid client invoice, and everything kinda flips on it’s head! 😫
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Some months seem to rain- and some are just a bloody challenge. Yep, cashflow struggles in small biz are an everyday reality for all of us!
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So I’ve been putting on my thinking cap to try and think of ways to alleviate the struggle. I’ve also been thinking about restructuring my biz just slightly so that I’m using my time better and bringing in alternative revenue in the times when it’s lean.
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Here’s my tips, I’d love to hear yours!!
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1. Think of ways to bring in passive income- money that comes in virtually while you’re asleep. ⠀⠀⠀⠀⠀⠀⠀⠀⠀
2. Start another side hustle. May sound crazy, but I’ve been thinking hard about doing this. I need to make my time work harder for me. The hours I spend on unpaid work in this biz are huge and I need to be smarter about it. Your time = money. ⠀⠀⠀⠀⠀⠀⠀⠀⠀
3. Make your time work better for you and restructure if necessary. Scale down if you’re spending too much on overheads without the revenue scaling at the same ratio. ⠀⠀⠀⠀⠀⠀⠀⠀⠀
4. Think long term and plan ahead for the off-season if your biz has one. What can you do in this time that will contribute to revenue?
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5. Look for low cost, high value ways you can add to your biz. Can you create a low cost downloadable full of valuable advice?
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6. Can you think of any add- ons you may be able to add on to your services? Something to make it more premium?
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7. Cut down on overheads by looking hard at your outgoings. Are there any non-essentials you’re spending money on every month like subscriptions? They all add up. ⠀⠀⠀⠀
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I’d love to hear your tips!
Have a question? Feel free to get in touch with me
I LOVE helping women in business feel amazing before a photoshoot and helping them feel on top of their game.
Making you look and feel amazing as you step into your power is the core of what I do.
At Killer Queen, we're here for you every step of the way and want to make your photoshoot as memorable and epic as possible- it's what it's all about.
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