Being a freelance designer entails more than just the act of designing. Master the business side of design and you’ll thrive. Neglect it and watch your business take a dive.
There can be severe consequences for those who mismanage finances, fumble along without a business plan or don’t understand clients.
Fortunately, this article will serve as a crash course for beginners who want to learn about the business side of freelance design.
In this broad overview, we’ll take a look at creating a business plan, choosing a location to work, determining a going rate, understanding financial information, the importance of insurance, obtaining clients, showing your portfolio, writing proposals, keeping clients happy, writing contracts, understanding copyright laws and finally, taxes.