Entrepreneurship
Key Business Trend: Agency
As more people in the country shift to being a freelancer rather than being gobbled by the time constraints of having a corporate job, Filipinos are now becoming more renowned in different freelancing platforms.
For those freelancers who bit off more than they could chew in terms of accepting projects, one great idea is to help budding freelancers have jobs by outsourcing them to do the work for you, so you could just focus on closing deals with clients.
This basically is how online agencies work.
Starting an online agency on a freelancing platform can provide several advantages that can help freelancers to own an actual business, help in brand and reputation building, and increase earning potential.
Here are some benefits of having your own agency:
Increased earning
By collaborating with other freelancers under a single agency, it is possible for you to take on larger projects that would otherwise be an impossible task to complete as an individual freelancer.
Having more freelancers at your disposal means you’ll be focusing on one thing—providing jobs by closing more deals down the line. This will also lead to higher-paying jobs and increased earning potential.
Offer service to a broader range of clients
Having freelancers will also allow you to offer services for different niches or specialties for different industries. Just be sure to diversify your freelancer portfolio to have an ace for any client.
Higher rates
Having more freelancers and offering services for more industries will let you charge higher rates, especially if you have built an impressive portfolio and have high reviews.
But before you’re able to do that, you must build your agency’s reputation from the ground up. This will be a tedious task but with the right freelancers around you, having high ratings and reviews will be achievable in no time.
The best thing about having an agency is being able to provide jobs to other Filipinos who may be having a hard time transitioning to a freelance role from the corporate world, or just starting with freelancing. With an agency, you’re able to rise to new heights, bringing along with you your handpicked freelancers. (GFB)