By Lucy Reed
As the cost of living keeps rising, more and more people are turning to gig jobs to generate income. A gig can be temporary, short-term work or a long-term financial solution. Whether you want to earn a little extra money on the side or find more permanent freelance work, there are a few pieces of advice you’ll want to keep in mind to get started and be successful in setting up your own gig-based business venture.
Build a Budget You Can Live With
If you’re working a gig simply to earn some extra cash, you may not need to worry about a budget. But if freelancing is your sole source of income or you need to pay off bills, you’ll want to set some pretty strict budget rules. Unlike those weekly paychecks, gig income can be inconsistent, and clients may not always pay on time. Exercise caution when spending and be sure to tuck some funds away for slow periods.
To stay within your means, take advantage of the many free online business tools that will help you launch and promote your business. For example, Oberlo offers a business name and slogan generator, logo maker website calculator that can help give your new company a professional look and show you how many people are visiting your website. You can also create a free website via services like Wix and Weebly, or simply create a Facebook business page to get your name out to your social circles and beyond.