Freelancing as a Business Idea for students.pptx

A bussiness idea is explained.

1. Business Idea Freelancing Group Members Abbas Khan (BSIT51F21R047) Hassnain Ali (BSIT51F21R049)

2. Contents Introduction When to Start Freelancing How to start Freelancing Marketing Platforms Market Analysis Investment Services Vision & Mission of Freelancer SWOT analysis

3. Freelancing Freelancing is a form of self-employment where individuals, known as freelancers, offer their specialized skills, expertise, or services to clients on a project basis. Freelancers operate independently. They often working remotely. They are typically responsible for managing their own business affairs, including finding clients, negotiating contracts, setting rates, and delivering high-quality work.

4. When To Start Freelancing…..? There won't actually be any pre-defined right time to start freelancing but its all about ones personal decision as to when he/she would quit working as an employee and start freelancing. However, there is always a couple of points that would be helpful to decide whether or not to start freelancing. You have all the necessary skill-sets and tools to get started you feel like you can work on your projects alone.

5. When To Start Freelancing…..? You have good communication skills to seamlessly communicate with clients. you have good portfolio to showcase your works. you feel like you can find potential clients who would be interested in working with you . You can pay money for a good internet connection. You can pay money in case when you have to add or use some paid features in the project.

6. How To Start Freelancing…..? Identify Your skills & figure out what you're good at and what services you can offer. Choose marketplace (online platforms) where you have to focus on your freelancing efforts. Create a portfolio Showcase your work, projects, and achievements to potential clients. Be specific on your skill set don’t include everything but include only those you are best in. Set your rates & Determine how much you'll charge for your services based on factors like your skills, experience, and market rates.

7. How To Start Freelancing…..? Build your online presence on the freelancing platforms you have joined. Install the applications of the platforms so that you can login through your mobile devices and can stay online everywhere. Marketing Plan Advertisemet Share your business on Social media ( facebook,Instagram,Linkedin ) Websites(make blogs on problems related to your skill set and let people contact you through your email for solutions of the problems ) Google ads Paid advertisement on social media . Find Work But How….? Search Work on Business directories related to your skill Direct G oogle search Can find work social media ( Facebook,Instagram , Linkedin ) Freelancing Platforms

8. Platforms…….. Upwork After creating profile se Upwork's search filters to find projects that match your skills and preferences . Fiverr Known for its gig-based model create gig related to your skills and let people contact you for project. Freelancer.com P eoplePerHour Guru.com Toptal Craiglist (a old website where you can find the job on skill and location base)

9. Market Analysis……. Research Demand Use freelancing platforms like Upwork , Freelancer, or Fiverr to analyze the demand for services. Look for the number of job postings, the types of projects . Analyze Competitors Identify other freelancers or agencies offering similar services. Study their profiles, portfolios, pricing strategies, and client reviews. Understanding what your competitors offer and how they position themselves can help you differentiate your services . Understand Trends Stay updated on industry trends, emerging technologies, and changes in client preferences . Assess Pricing Determine the average rates charged by freelancers, Consider your skills, experience, and the value you provide when setting your rates. Identify Target Clients Define your target client personas based on factors such as industry, company size, budget, and specific needs

10. Investment Skills Development : Continuously invest in learning and improving your skills. This might involve purchasing courses, attending workshops, or obtaining certifications relevant to your field. Tools and Software : Invest in tools and software that can enhance your productivity and the quality of your work. This could include project management tools, accounting software, design software, or any other tools specific to your niche. Marketing and Branding : Allocate funds towards building your personal brand and marketing your services. This might involve creating a professional website, investing in social media advertising, or hiring a graphic designer to create a memorable logo and branding materials and need SEO for website.

11. Services……… Writing and Content Creation Blog writing Article writing Creative writing Social media content creation Content editing and proofreading Graphic Design Logo design Website design Social media graphics Banner and ad design Programming and Development Web development (front-end and back-end) Mobile app development ( iOS , Android) Software development E-commerce development Database development and management WordPress development Game development

12. Services……… Video and Animation Video editing Animation (2D, 3D) Explainer videos Motion graphics Video production Digital Marketing Search engine optimization (SEO) Social media marketing Pay-per-click (PPC) advertising Email marketing Content marketing Translation and Localization Document translation Video captioning and subtitling Multilingual content creation Proofreading and editing Website localization Software localization

13. Vision & Mission Of Freelancer… To create a sustainable and fulfilling career as a freelancer. To get benefits of my skills and expertise to make a positive impact while enjoying flexibility and autonomy in my work. A im to continuously improve the skills. T o deliver high-quality services to clients, exceeding their expectations and building long-term partnerships based on trust and reliability . S eek to create value for clients while achieving personal and professional growth as a freelancer

14. SWOT Analysis…… Strengths Flexibility You can work from anywhere and choose when you work. Lots of Work There are many different jobs available in different fields. Easy to Start You don't need a lot of money or special qualifications to get started. Can Make Good Money Sometimes you can make more money per hour than in a regular job.

15. Weaknesses Unstable Income Your income can go up and down a lot, so you might not always know how much money you'll make . No Extra Benefits You don't get things like health insurance or paid time off like in a regular job . Can Feel Lonely You might miss being around other people because you work alone.

16. Opportunities Global Reach Freelancers can work with clients from around the world. Work from Anywhere You can work from anywhere all over the world . More Jobs Available There are always new jobs and companies looking for freelancers. Learn New Things You can try different kinds of work and keep learning new skills . Expert in skill You can become really good at something specific & can be expert in your skill.

17. Threats Relying on Clients It means client dependency If you rely too much on one client and they stop giving you work, you could lose money . Competition There are a lot of other freelancers out there competing for the same jobs . Negative feedback Negative feedback, conflicts, or disputes with clients can damage a freelancer's reputation and impact their ability to attract new clients and secure future work . Rules and Laws There can be complicated rules and laws about taxes and contracts that you need to follow.