Business
How to Effectively Market Your Freelancing Services
Freelancers are projected to comprise 50 percent of the U.S. workforce in just 6 years. Learn some of the best ways for marketing your freelance business today.
Many people have wished to become their boss, and many of them are pursuing this goal by becoming freelancers. People who don’t feel like they would thrive clambering up the corporate ladder or feel stifled by the rigid schedules can find the freedom they desire in freelancing.
According to industry experts, more than 57 million freelancers were in the United States workforce in 2017. Their projections indicate that the number could shoot up to a whopping 86 million by 2027 and makeup over 86 percent of the workforce.
If you are or want to become a freelancer, you will need to learn how to market your freelancing services effectively. Today, learn why you need excellent marketing to succeed and how you can beef up your freelancing services’ marketing efforts.
Table of Contents
1. Why Do You Need Good Marketing?
Your freelance service is still a business, albeit one that’s only employing you. That means it will still need a marketing strategy to succeed. Without an effective marketing strategy, your freelancing enterprise might not be successful enough to last on its own, forcing you to work for someone else once again.
Below are the three major reasons you will need to ramp up your marketing.
- It’s a competitive market. There are millions of freelancers out there, and you are probably competing with hundreds, if not thousands of people in your field. Imagine how many freelancers are making 2D video game art. All of them are vying for the patronage of the few studios. Your next paycheck depends on outgunning all the others in your field, and your marketing efforts can be the leverage you need.
- Customers want engagement. Customers today want boutique experiences and feel heard by the people who provide them with their goods and services. They want to know that their complaints are being listened to, that you are taking their suggestions seriously, and that they can connect with you if they ever need assistance.
- Better networking opportunities. Without adequate marketing, you will have a harder time connecting with customers, potential business partners, and future clients. Marketing helps you build the foundation of future networks and lets you grow your business.
2. How Can You Market Your Freelancing Services?
So how can you go about increasing the effectiveness of your marketing efforts? Here are six ways to beef up your marketing and ensure your services flourish despite the extensive competition.
a. Make a Website
A site is no running an optional feature for businesses of any size. They act as digital storefronts that help people discover your enterprise online and for clients to check out your services. A website is now the best way for you to advertise your skills and ensure there is a one-stop shop for potential clients to learn about your freelancing services and schedule appointments or check out the price of your business.
During development, make sure you’re getting a mobile-friendly site because it’s a key factor in your search engine visibility.
b. Start a Blog or Vlog
Customers and clients today prefer authentic marketing techniques that cater to their genuine curiosity. This could include learning how things happen behind the scenes. For example, if you make bespoke knitwear, there are bound to be knitting enthusiasts and customers who would love to know how you make each of your products. Some may even want to learn more about your techniques.
Publishing content is the best way to market your skills and satisfy these curious users and potential clients. Videos and blogs are all the rage, ranging from simple instructional articles to more elaborate videos of behind-the-scenes footage. Your videos and blogs can help ensure customer loyalty and act as a gateway for people to become potential customers. But don’t just write and publish. Promote your content through an effective content marketing strategy.
c. Connect with Users
User engagement is now one of the most important metrics for businesses to keep an eye on. People adore authentic and genuine connections with the companies they patronize, even freelancers. Thankfully, social media platforms and websites now have a wide array of features that will enable you to connect with clients and leads.
For example, Instagram has interactive story features such as polls and ask boxes that send you queries. Most social media platforms have comment sections to moderate to determine what people think about your services.
The methods for engaging with clients and leads are endless, so be sure to identify the most appropriate ones for your endeavor.
Freelancing offers freedom, but it also requires a steady hand and expert techniques to ensure it thrives. These marketing tips will help your freelancing efforts succeed and outgun the competition.
Business
Navigating the Process of Selling Deceased Estate Shares
This article aims to provide a comprehensive guide to selling shares from a deceased estate. Process of Selling Deceased Estate Shares.
Table of Contents
1. Understanding the Basics of Selling Deceased Estate Shares
Dealing with a deceased estate can be a challenging and emotional process, especially when it comes to handling financial assets like shares. This article aims to provide a comprehensive guide to selling shares from a deceased estate.
2. What are Deceased Estate Shares?
Deceased estate shares refer to the stocks and shares that were owned by an individual who has passed away. These shares become part of the deceased’s estate and are subject to the terms of their will or estate plan.
3. The Importance of Valuing the Shares
The first step in selling deceased estate shares is to obtain a current valuation. This valuation is crucial for several reasons: it helps in distributing the estate among beneficiaries, it may be necessary for tax purposes, and it gives an idea of the market value of the shares.
4. Legal Requirements and Executor Responsibilities
The executor of the estate plays a pivotal role in the management and distribution of the deceased’s assets. This section will cover the legal responsibilities and steps the executor needs to take to lawfully sell the shares.
5. Obtaining Probate
Before any action can be taken with the shares, it’s often necessary to obtain probate. Probate is a legal process that confirms the executor’s authority to deal with the deceased’s assets.
Transferring Shares into the Executor’s Name
Once probate is granted, shares may need to be transferred into the name of the executor. This process varies depending on the company and the type of shares.
6. The Process of Selling Shares
After completing legal formalities, the executor can proceed with selling the shares. This section will outline the steps involved in this process, including choosing a brokerage or financial service, understanding market conditions, and making informed decisions.
Deciding on the Right Time to Sell
Timing can significantly impact the returns from selling shares. Executors need to consider market conditions and financial advice to determine the best time to sell.
Completing the Sale
This subsection will detail the actual process of selling shares, including placing orders, handling transaction fees, and ensuring all regulatory requirements are met.
7. Navigating Tax Implications and Reporting
Managing tax obligations is a critical aspect of selling deceased estate shares. This section will explain the potential tax implications and the importance of accurate reporting for both capital gains tax and inheritance tax considerations.
Understanding Capital Gains Tax Responsibilities
When shares are sold, any profit made from the time of the deceased’s passing to the sale date may be subject to capital gains tax. Executors need to be aware of these implications and plan accordingly.
Inheritance Tax Considerations
In some jurisdictions, the value of the deceased estate’s shares might impact inheritance tax calculations. It’s essential for executors to understand these aspects in order to ensure compliance with tax laws.
8. Common Challenges and How to Overcome Them
Selling deceased estate shares can present unique challenges. This section will discuss common issues such as disputed wills, fragmented information about the shares, and market volatility.
Dealing with Disputed Wills and Beneficiary Disagreements
Disputes over the will or disagreements among beneficiaries can complicate the process. Executors must handle these situations delicately and legally.
Managing Market Volatility
Shares can be subject to market fluctuations. Executors should be prepared for this volatility and may need to consult financial advisors to navigate these waters effectively.
9. Tips for Executors Handling Deceased Estate Shares
This section will provide practical advice for executors, including the importance of seeking professional advice, keeping thorough records, and communicating clearly with beneficiaries.
Seeking Professional Financial and Legal Advice
The complexity of selling shares from a deceased estate often necessitates professional advice. This can range from legal counsel to financial advisory services.
Record Keeping and Communication with Beneficiaries
Maintaining transparent and thorough records is crucial. Executors should also prioritize clear and consistent communication with all beneficiaries to avoid misunderstandings.
Conclusion
Selling shares from a deceased estate is a responsibility that requires careful attention to legal, financial, and interpersonal dynamics. By understanding the process, staying informed about tax obligations, and tackling challenges head-on, executors can fulfill their duties effectively and respectfully.
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