If you need extra money but don't want a staff job, freelance work may be the answer. These days, companies hire freelancers for everything from writing and design to delivery and sales.
Pros and cons: You usually don't get benefits, but can often set your own schedule and may even be able to work from home. The pay is self-employment income, and is viewed differently than normal wages by the IRS. You'll need to file specific tax forms with your annual return – and, depending on what you earn, you might need to submit quarterly tax payments. On the plus side, you can deduct many of your expenses, and may qualify for the home office deduction.
Here are three companies hiring independent contractors right now.
What they do: National register tape advertising company.
Freelance opportunities available: Sales representatives.
Requirements: Sales experience, preferably in the B2B sector. Must have professional appearance and strong closing skills.
Hours/Pay: Hours may be long, especially at first while establishing yourself in your territory. Pay is based on commission. The company says some sales reps earn more than $1,000 per week.Other info: Reliable transportation is required.
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