6 Figure Creative #340: The Freelancer’s Survival Guide | 25 Tips for Payments, Productivity, and Profit
Dec 10, 2024
Freelancing can be a tough journey, but there are ways to navigate it more smoothly. Discover 25 essential tips to ensure you get paid on time without hassle, and learn what tools can save you hours of work each week. Find out how a simple strategy can make clients see your rates as affordable. Plus, uncover the secret software that might just revolutionize your workflow. These practical tips will help you save time, boost productivity, and increase profitability in your freelance career.
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Reuse W-9s
- Create one W-9 for the entire tax year.
- Save it as a PDF and reuse it whenever needed, instead of filling out a new one each time.
Get an EIN
- Sole proprietors can apply for an EIN.
- Use this EIN on business tax documents instead of your SSN for better identity security.
Use Late Fees (or Early Payment Incentives)
- Add late fees to contracts, even if you don't enforce them, to encourage on-time payments.
- Ideally, get paid in advance to avoid chasing payments altogether.
