Whether you’re finally taking the plunge into the world of freelance writing or are a seasoned independent pro, the way you set up – and maintain – your business can have a real impact on the fruits of your labor.
From your business structure to business partners, liabilities, and more, there’s a lot to consider (and reconsider as the media landscape continues to change). Make sure your bases are covered with this comprehensive checklist of all things business that freelance writers would do well to evaluate.
· Who do you want/need to engage to help set your business up? (accountant, lawyer, etc.)
· What paperwork needs to be filed?
· How much professional liability insurance do you need? (Freelance writer insurance covers claims of alleged libel, slander, defamation, copyright infringement and errors & omissions)
· What type of protections should you ensure are in your contracts? (You’ll want to review this one periodically.)
· Is an hourly rate or flat project fee preferable (in instances where there is flexibility)?
Time & Project Tracking
Payroll & Accounting
· How will you pay yourself? (Do you need a payroll provider?)
If this list leaves you with more questions than answers, don’t stress. Freelancers Union has a great set of resources to tap into, as well as a short list of vetted partners who can help.
Dinghy and NSM Insurance Group are proud to be among these partners. Offering professional liability insurance crafted exclusively for freelance writers, we’re here to help ensure you and your business are protected from all sorts of liabilities – without breaking the bank – and, most importantly, provide peace of mind. Give us a shout at firstname.lastname@example.org and let us know how we can help.
Freelancers Union is partnering with Dinghy and NSM Insurance Group to introduce first-of-its-kind, affordable professional liability insurance crafted exclusively for freelance writers. Learn more and get a free quote online.