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20 Nov 09 5 Places to Look for Freelancing Gigs

Until now, the world economy had been suffering from one of the worst financial crises we ever faced. Companies were getting bankrupt, employees were getting fired, and those who were lucky to survive were facing salary cut. Such was the situation. Nothing looked promising, but there was one thing that was on the rise. It was outsourcing business.

Outsourcing the job to the independent freelancers worldwide was on the rise, and it continues to gain momentum, as companies have seen that they can get good quality work at a fraction of cost that they paid to full-time writers. This was one good thing that came out of the recession. People, despite having all the required skills, were not getting any job, therefore, they turned to freelancing.

If you are late to join and do not know where to start then this article is going to help you start your freelancing career. In this article, I will tell you about places where you can look for freelance gigs.

  1. 1. Online freelance exchange: Freelance exchanges (or freelance boards) such as Elance, Guru, oDesk, Lime Exchange, GetAFreelancer, etc., work as intermediaries. It provide platform for buyers to post jobs, and service providers to look for job based on their ability. A freelance exchange is a good place to start with, as the payment is more or less guaranteed on the work secured from these boards, and for that they charge commission.
  2. 2. Blog Job Board: Blogs like Problogger has a dedicated section where companies post freelance gigs.
  3. 3. Freelance forums: There are many freelance forums where new freelance gigs are posted every day, you should register to one or two of them and start visiting regularly.
  4. 4. Craigslist: Use the keyword search tool of craigslist to look for local or global freelance gigs. You will find a lot of work listed here.
  5. 5. Twitter: Of course twitter. This micro-blogging platform provides a potent search tool for freelance gigs as well. Like Craigslist, freelance gigs are getting posted on twitter, every hour.

I know many people who have benefited from the place I have talked about above. Just do a preliminary research before committing to anyone of them.

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28 May 09 Benefits of Invoice Factoring

If you are a small business owner, or you are a startup just started out in the world of business then I do not need to emphasize the effect a pending receivable invoice on your business. You do not have the luxury of cash-cushion to fall back on. Hence, waiting for 30, 45, 60 or 90 days to get your dues from your corporate clients is not the thing you want to do. In the absence of cash, you will not be able to pay your employees or suppliers, which will result in poor efficiency.

In situations like this, you can consider taking help of invoice factoring firms. These guys will pay around 70-90 percent of the amount accumulated in the outstanding invoices. In most cases, the invoice factoring firms gives the advance money within 24 hours, and for this, they levy a small charge, may be 1.5 to 2.5 percent of the total value of the invoice, and a small rate of interest. The factoring firms then contact your buyers, and use professional methods to get your invoices cleared up in time.

There are two types of invoice factoring. One is non-recourse: the company offering this factoring service swallows the bad debt on the invoices and another one is recourse factoring: the company offering this service will come back to recover its money from you if the invoice ends up in bad debt. You need to decide which one to choose. Whichever factoring type you go for, you will have the following benefits:

1. You do not need to wait for 30-90 days for the payment.

2. You will get immediate cash to pay your suppliers and employees that will keep the momentum going.

3. You do not need to go through lots of paper works nor you need to show balance sheets of many years to get the money.

4. You will get immediate cash that will help you expand your business, if money is what you were waiting before you can think of expanding your business.

5. Lower interest rates and charges.

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