3 Ways Hiring a Freelance Writer Can Save Your Business Money

Does your company need informational or marketing content, yet lack the resources for a full-time employee? It’s a common conundrum. Small and mid-size businesses often don’t have enough work or resources to justify building their own marketing department. Fortunately, there is a solution for that. By hiring a freelance writer, you can ensure your company meets its content needs without having to pay an arm and a leg. Freelance workers are independent contractors. This means they work on an as-needed basis. By hiring freelance workers, you can save your company money.

Office Space and Time

Freelance writers can work from anywhere. Typically, it’s from a home office. Freelancers are responsible for supplying their own workspace, computer, Internet connection, and anything else they require to complete the job. These expenses are tax deductible for freelancers. The good thing about this is that you don’t have to supply any of these resources. Hiring freelance writers may also enable you to keep your business in a smaller office space, which will definitely save your business money.

In addition, a company’s full-time employees, who do work out of the office, will get paid regardless of the volume of work. Even when business is slow and there isn’t a whole lot to do, your full-timers still get their full salaries. In contrast, you only have to pay a freelancer when he or she completes work.

Onboarding and Training

Another benefit of hiring a freelance writer is that it can eliminate the need to spend money on onboarding and training. Training new employees is time consuming, and since you’re having full-time employees do it, it also costs you money. On the other hand, if you hire a freelance writer, you won’t have to worry about onboarding or training.

All you will need to do is give the freelance writer as much information as he or she needs to complete the project. This might include your company’s style guidelines or information on the business’ brand voice, target demographic, or clients, for example. In addition, be sure to explain any preferences you may have, such as the use of serial commas or the avoidance of certain topics.

Benefits and Taxes

Lastly, the number one way that freelance writers can save your company money is by reducing the amount you will spend on benefits and taxes. Freelancers are not employees. When you hire a freelance writer, there is zero expectation of providing medical, dental, vision, or retirement benefits. Freelancers provide these essentials for themselves.

In addition, by hiring a freelance writer, you won’t have to pay the employer’s share of the taxes, since freelancers are also responsible for this. Just remember to have your accountant issue a 1099 in January for the previous year’s independent contractor payments. You’ll have to file a 1099 for each freelancer to whom you pay at least $600 during a given tax year.

Of course, it’s also important to hire the right freelancer for the job you need done. To find top-notch freelancers who fit your company’s needs, just head over to the Writers Marketplace on Writers Work. You can type in a few keywords or browse our list of freelancers, and then view a freelancer’s profile and portfolio. Then, just click the “Hire Me” button to get your projected started!