Freelance
A
freelancer or freelance worker is a person who pursues a profession without
a long-term commitment to any one employer. Freelancers generally enjoy a
greater variety of assignments than in regular employment, and - subject to
the need to earn a regular income - usually have more freedom to choose their
work schedule. The experience can also lead to a broad portfolio of work and
the establishment of a network of clients ultimately leading to a permanent
position. Sometimes a freelancer will work with one or more other freelancers and/or
vendors to form a "virtual agency" to serve a particular client's
needs for short-term and permanent project work. This versatile agency model
can help a freelancer land jobs which require targeted, specific experience
and skills outside the scope of one individual. As the clients change, so
too may the players chosen for a virtual agency's talent base. This can have
a positive affect also. On occasion, freelancers and clients can form a relationship
based on mutual needs and the professionalism, and competence of both parties.The
experience can also lead to a broad portfolio of work and the establishment
of a network of clients ultimately leading to a permanent position.
The Internet has opened up many freelance opportunities, expanding markets
and helping to build it into one of the largest economic segments for many
economies. Development for freelancing has been especially high for software
development, website design, information technology, and business documentation.
Freelance practice varies
greatly. Some require clients to sign written contracts, while others may
perform work based on verbal agreements, perhaps enforceable through the very
nature of the work. Some freelancers may provide written estimates of work
and request deposits from clients. Payment
for freelance work also varies greatly. Freelancers may charge by the day
or hour, or on a per-project basis. Instead of a flat rate or fee, some consultants
have adopted a value-based pricing method based on the perceived value of
the results to the client. By custom, payment arrangements may be upfront,
percentage upfront, or upon completion. For more complex projects, a contract
may set a payment schedule based on milestones or outcomes.
source:wikipedia