Freelance webdesign or agency creation: what to choose – Latest Trends in Digital Transformation | Cloud News
Most web designers start their careers as freelancers, and sooner or later all professionals think of starting their own business. Running a business has its unique challenges. To understand if this might work for you, consider the pros and cons of both models.
Benefits of being independent
As a self-employed person, you work from one job to another or carry out projects for companies as an entrepreneur. You are free to choose your own hours and be flexible in your work as long as you meet deadlines. It doesn’t matter if you work nights, mornings or weekends. When you start a design business, you’ll need set hours for your team to collaborate.
Disadvantages of being independent
A self-employed person can work however they want and where they want, because Internet connectivity is now ubiquitous. You can even become a âdigital nomadâ and travel the world. Experienced freelancers can choose which projects to take on and avoid difficult clients or uninteresting tasks. Of course, beginners don’t have that luxury. Here are some of the flaws to think about.
- As a self-employed person, you are the company. You get paid for your work and your time. Any leave for sickness or vacation is a waste of money.
- You have to buy your own health insurance, and there are no benefits.
- Freelancers wear different hats as they have to come up with new projects, negotiate rates, get the job done, and invoice their clients.
- Self-employment takes discipline and focus. You need strong time management skills to get the job done on time.
- Working freelance can also feel lonely, but coworking spaces solve that problem.
Benefits of starting a web design business
A well-established design agency has a stable workflow, a streamlined process, a strong brand, marketing, and team. These are the things you’ll need to build from scratch, but the rewards are awesome. You are going to create an asset that can operate and generate profits without you. You will no longer have to monetize your own work and time.
Obviously, an agency gets bigger returns because a team can take on more work than any individual. Your employees will work on projects and bill your customers. As an owner, you will see an inconceivable return on your investment for someone who works solo.
Disadvantages of starting a web design agency
Obviously, starting a business takes more work and different skills than being self-employed. In addition to working with clients, you will need to manage your team, market the business, manage payroll, and more. It requires strong project management skills, an understanding of finance and accounting, etc. As a result, you will spend less time on the actual design work. It’s a downside if you really like it!
The bottom line
So, should you start a website design agency? It depends. If you like working alone as a designer with flexible hours, becoming a project manager may not be inspirational. If you are keen on running the day-to-day affairs of your own business, go for it!
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