Minorities have been disproportionally hurt by the lack of access to capital to get started or expand. In fact, minorities make up 32% of our population, while business ownership only represents 18%. Here a few ideas to help support minority-owned businesses at the local level. Firstly, consider purchasing from minority-owned stores instead of major chain brands. Also, recommend these businesses to your family and friends for further support. You could also use social media to help recommend the business to community groups and other friends. If you are interested in learning more tips check out the infographic below on how to support minority-owned businesses.
Infographic created by Clover Network, a credit card processing service provider
The world was turned upside down by COVID-19 leading a number of people to work remotely. Others might have lost their jobs and turned to freelance writing work to stay afloat financially. The truth is that a freelance writer can earn a healthy income if they dedicate their time to writing. Long hours are usually required to get a freelance writing business off of the ground. Taking on too much work does happen as a writer would rather have too much work then not enough. Freelance writers understand that a client might not need content for a few months a year which opens up their time. Below are tips to start a successful freelance writing business in 2021.
A Home Office Can Completely Change Your Work Output
The misconception that you can work around the house remains prevalent. This might be possible if you live alone but for those with a family, you are asking to get distracted. You want to be able to knock out large amounts of work in short periods of time to maximize your income. A home office is going to be essential to do this so you can achieve that work-life balance. You might have extra room on your property where you can have a shed or detached garage constructed. Finding quality sheds for sale in Fayetteville is easy if you stop by Shed Depot or visit their website. You might find that sheds can be an extremely versatile space that you won’t regret investing in.
Hone Your Writing Skills While Getting Paid
The beauty of any form of art is that you can improve over time with practice. This means that you might be charging a certain price for a piece of content that will eventually increase. For those writers that have expert knowledge of a topic, you can earn immense amounts of money for a single piece of content. A writer that has done technical medical writing in the past will have a steady flow of work coming in. Getting feedback on your work and utilizing writing apps online will allow you to improve the quality of writing you send to clients.
Create Contracts For Clients
Freelancers and even small businesses have trouble collecting money from clients from time to time. Creating contracts for clients that detail the payment schedule and methods acceptable is imperative. Adding interest or a fine for each day that a payment is late after a week is an option. As a writer, you respect the client enough to hit their deadlines so they need to hit your payment deadlines. Dropping clients that are always a nightmare when it comes to payment is an option. Charging these clients more for a project is another way to profit more from the stress the client creates. New clients need to have strict payment terms as it is common for a client to disappear after an introductory project.
Take the time to establish a business plan for your freelance writing business. Create a checklist to make sure you set yourself up for success for years to come.