Question

Pros and cons of freelancing​

Answer 1

Pro’s

Control over your workload

One of the key benefits of freelancing is that you get to choose your own workload. With no boss hovering over you, you can choose to work as much or as little as you want.

Choice of who you work with

You don’t usually get to choose your boss or your teammates at a traditional job. So if you dislike working with them, you can’t really do much about the work environment apart from changing jobs. One of the major pros of freelancing is that you get to choose who you work with.

Access to diverse and meaningful projects

In addition to having more control over their workloads, many independent professionals are also turning to freelancing as an opportunity to work on more diverse and creative projects.

Latitude to set your own schedule

Freelancing allows you to set your own flexible schedule. Whether you want to work 9:00 a.m. to 5:00 p.m. or 2 pm to 10 pm—it’s up to you.

The Con’s are:

You don’t receive employee benefits

Employees in many countries receive benefits and perks that are part of their employment contracts. Depending on where you’re located, this could include paid time off, sick days, health benefits, paid training and development opportunities, retirement contributions, and more.

Your earnings may fluctuate

Your workload may be inconsistent in the early days of building your freelance business.

You are responsible for every aspect of the business

As a business owner, your business's success (and failure) is entirely dependent on you. While this is exciting, it can also feel overwhelming—especially when you’re new to freelancing.

You have to learn to be your own best advocate

As a freelancer, you will also have to learn to become your own best advocate. For example, as a full-time employee, you don’t have to worry about finding new work. You have your job laid out for you when you show up to work each day. As a freelancer, you’ll have to learn to market yourself to find new projects and clients and grow your business.

Answer 2

Pros: No more 9-5, You’re in charge, Choosing clients, Earning better money, and ability to choose workload.

Cons: Less job security, Working in isolation, Tax worries, Inconsistent work, and no paid time off.

Step-by-step explanation: