When you are your own boss, you need to set your own goals. There’s nobody else telling you what targets to hit or which aims you ought to achieve. It’s all up to you. You’re in charge of laying out the objectives.
Every contractor and freelancer should create financial goals to hit before the end of each year. Having something to work towards ensures impetus and motivation, and there are fewer bigger driving factors than monetary reward. If you haven’t set yourself an earnings goal already, there’s no time like the present. By taking the following tips on board, you can boost your income and give yourself the best chance of reaching (or even surpassing) your revenue targets.
Find the ideal working environment
Contracting/freelancing offers a huge amount of flexibility and freedom in many instances, but without an authoritative figure looming over you, there’s always the danger you could end up becoming distracted.
To stop your mind wandering, you need to find a working environment that’s suited to you. Some knuckle down best in cafes, some crack on well at home, and others find that visiting a co-working space is best for their productivity levels. By discovering the working zone that’s right for your specific mind-set, you’ll put yourself in pole position for higher earnings before 2017 is over.
Have an expert sort your finances
Successful self-employed people are invariably self-disciplined, but even the hardest grafters tend to put off arranging their finances.
Organising all your numbers can be messy and time-consuming, which is why it’s best to bring in a pro to do it for you. With a specialist contractor/freelancer accountant by your side, you won’t have to worry about filling in spreadsheets and talking to HMRC. They’ll handle everything for you.
Get into a routine…and stick to it
We’re creatures of habit at the end of the day, working best when we’re engaged in a routine. Therefore, if you can integrate a strict work pattern into your typical week, you’ll find you get far more done at a faster pace.
By sticking religiously to a schedule, you’ll see your efficiency go through the roof. Clients will also come to know when you’re available, which minimises wasted time chasing missed calls.
Ultimately, routine breeds productivity, and productivity breeds financial success.
Look after yourself
In order to boost your income, you’ll need to give yourself a break once in a while. You know that routine we mentioned earlier? Make sure it involves a window for lunch and an afternoon snack. If possible, get a bit of exercise and take a quick walk.
Being strapped to a digital device/PC all day can plague you with tunnel vision, drowsiness, and creative block, and if standards slip, your income will dwindle rather than rise. Look after your mind by eating healthily, staying fit, and giving yourself time to regenerate.
Boosting your income takes time, hard work and perseverance, but it also involves making smart decisions. Your time is too valuable to be spent poring through financial figures – so let an accountant do the work for you instead. Bright Ideas can keep your finances in fine fettle, leaving you to focus on improving your business and increasing your revenue. Get in touch today on 0161 951 5306 and we can start helping you today.
