How to Build Your Freelance Writing Business Now

April 8, 2010

Whether you’re a solo entrepreneur or manage a large freelance writing company with many writers working for you, it’s about time to think about financing to take your business to the next level. The first thing you need to do is locate a business loan. It takes money to build a business, and each penny you spend should be with the thought of getting two pennies in return. Once you have some funds ready to use, you can use the following strategies to make your business soar in 2010.

Invest in Newer Technologies

While writing is more creative than technological, there is a variety of software and hardware products that can help you build your business. You can look into products that write when you speak, like Dragon Naturally Speaking, or you can opt for the newer version of Word coming out in 2010. Maybe, it’s not the writing side of your business that needs to be brought up to date. It could be your business systems are dragging you down. Have you got your invoicing in good order? What kind of products and services might help you to do that better? What about marketing? Do you understand all the many options you have for marketing your services online, from social networks to work bulletin boards? If not, it’s time to take a course and learn how to use what’s available to get yourself up to speed.

Hire Some Help

At some point, you’ll need to hire writers or a personal assistant to help you manage your writing business. If you get sick, who is going to take care of the writing so that you don’t miss deadlines? Can you outsource some work, like editing, photographing, or social networking? If so, save yourself some time and hire someone. The same is true with emails and invoicing. You might want to hire someone who can field some of the day-to-day work to keep your business running smoothly. This year, the Federal government is offering a hiring incentive for hires that meet the HIRE program guidelines. It just may be the year you expand your business by bringing someone on board.

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