How to Start A Virtual Freelancing Agency

American

Author: Tatiana Rivers- Tati Rivs Social Media Marketing

The Freelance Economy Keeps Growing

Freelancing is increasing in popularity. With working remotely becoming easier than ever due to technology, more people are looking to create a career working from home and taking on projects that they choose. In the US, the freelance economy is now at 34% and in 2013, the number of businesses hiring freelancers online increased by 46%. The flexibility offered by freelancing is noted as the biggest career draw, with over 69% of all graduates saying they feel independent work offers them a better work-life balance. Source

There Are Challanges With Going Solo

The downside of working from home as a freelancer, is the fact that you work solo. At first this may seem wonderful, no boss or annoying coworkers, however, there is also no collective brainstorming, networking or the ability to learn from your work peers. Solo work can also cap you on the quality and quantity of projects you can take on because you are limited to your skills and time.

Join An Agency To Collaborate Skills And Resources

One way to counter the challenges of going solo is to join a freelancing agency. A virtual group that can allow you to collaborate with freelancers that have complementing skills. Freelance agencies can help bring in more projects through references and referrals. For example, a social media marketer might want to join an agency of freelancers that provide web development, SEO, email campaigns, and branding. If a company hires a freelancer to do SEO, chances are they might need help with social media and online branding. Freelancers in this agency can then share their knowledge, skills and contacts, creating a healthier and more successful career over the long run. The flexibility still exists in choosing projects but their more support is available compared to when working alone.

If You Can't Find One, Make One

Finding the right agency might take some time, although they are starting to become more popular, it is still the early stages of this type of work arrangement. In addition, it may take time to find an agency that would compliment your services perfectly. To speed up this process, you can easily start an agency yourself.

Freelancing sites like Sage Groupy offer the ability to create an agency through their portal. Once you set yourself up through the sites profile system, you can invite other freelancers to join your agency.

Tips On Creating An Agency

Creating a freelancing agency through sites likes Sage Groupy is fairly simple, however, any situation in which work is shared needs to be approached in a careful and professional manner.

To ensure a healthy work environment, we have put together a few tips and best practices that will improve the chances of having a successful virtual agency.

1. Every Agency Needs a Leader

Having one person designated to ensure communication is running smoothly and projects are completed in a timely manner will result in a successful agency arrangement. If you want to be the leader of your agency, make sure you are ready to take on those responsibilities. Decide ahead of time what the expectations are of the roles in your agency. This is espeically important when it comes to the money exchanges. It is usually preferrrable for clients to have one person or account in charge of collecting and distributing payments. Understanding the legal ramifications of this distribution is an important first step and should be researched thouroughly prior to starting an agency.

2. Decide on a Shared Drive

Having one space where collaboration can happen will help with communication and will keep work organized. Cloud drives and apps like Gsuite, Asana, Evernote and Slack make this easier than ever. However, things can get quickly disorganized if too many are used, so choose one or two for your agency and keep it consistent.

3. Create An Agency Manual

When you are just starting out list out all the “rules” for your agency in one document. A simple PDF is all that is needed. Some aspects you want to mention is your preferred way of communication, if there are weekly or monthly meetings that are a requirement, compensation structure, referral fees, payment methods, role assignments, etc. This is not your contract but more of your company manifesto. Have it signed to ensure it was read in it's entirety before bringing on a new member. Using an online PDF signing app or Chrome extension like SignRequest makes signing virtually easy. Pun intended.

4. Have A Contract

Never exchange money without a contract. All freelancers should have their own contracts and any freelance agency should definitely have one. There will be situations where a client may not pay or a freelancer does not live up to their agreement. In those instances, having a contract can protect parties legally. Your contract should be based on your company manifesto but be written out in legal terms. There are many samples and templates to be found online but to create the best contract for your agency, the advice of a lawyer is recommended for a successful arrangement with virtual contactors. Check out our blog post; Freelancing 101- All About Contracts

5. Start Small

If you are just starting your first agency take on one freelancer at a time. For example, if you provide blog writing, maybe hire only one proofreader or digital marketer to start. There will be trial and error and the more freelancers, the more complicated communication and organization can be. Walk before you can run.

For more information and advice on starting a freelance agency check out this article on how to setup a freelance agency.

American

Posted in Resources, Freelancing For Beginners, Freelancing Tips on Oct 25, 2017

Follow Sagegroupy

    Recent Posts

  • What do Clients Want?

    Posted in Freelancing Tips on Oct 12, 2018

    When you are competing against the growing ranks of talent freelancers, how do you stand out from the pack and land the jobs you need? Here's what clients are really looking for.

  • The Top 5 Reasons Why Freelancing is Ideal

    Posted in News on Oct 05, 2018

    If you're thinking of making the leap from traditional employment into freelancing this list might help you make the transition, check out the top 5 reasons why we think freelancing is ideal.

  • How to Get Started as a Freelance Business Consultant

    Posted in Freelancing For Beginners, Freelancing Tips on Sep 28, 2018

    Do you have the interest, experience and work habits required to be a freelance business consultant? If you have years of business experience and are thinking of taking your expertise out of the office and into the freelance world, here are some steps you can take in order to build your own freelance business consultant business.

  • Get and Keep Clients Onboard with these 5 Steps

    Posted in Freelancing Tips, Business Tips on Sep 21, 2018

    A solid onboard process and package can save you time and help you screen out projects that do not fit within your business parameters. Even though each project is unique, you can create a process that will give each of your clients the necessary information about working with you and enable you to gather important information from them. We've narrowed down the process of getting and keeping clients onboard to 5 easy steps that can be adapted for any freelance business.

  • Promote Yourself as a Freelancer

    Posted in Freelancing For Beginners, Freelancing Tips on Sep 14, 2018

    One of the most important things you can do in order to attract clients and get yourself hired as a newly-minted or seasoned freelancer is to promote yourself. If you have the skills clients need, they will hire you - but only if they can find you first! Here are some tips you can use to promote your business.

  • Youtube Channels for Freelancers

    Posted in Resources on Sep 07, 2018

    Youtube is a great place for solopreneurs to find inspiration, motivation and lessons on developing the skills you need to grow your own business. We've rounded some of the best channels to guide you on your path to success as a freelancer.

  • Building Routines for Success: Part 4

    Posted in Freelancing Tips, Business Tips on Aug 27, 2018

    Productivity is just as important for freelancers as it is for people who work in traditional office environments, the only difference is that there is no one to hold the freelancer accountable. It takes time and work to build a good reputation for yourself as a reliable freelancer, but it will only take one or two missed deadlines to lose that reputation. In the final post of our Building Routines for Success series, we’re going to help you build a daily routine so you never miss a deadline and can keep your business running smoothly.

  • Building Routines for Success: Part 3

    Posted in Freelancing Tips, Business Tips on Aug 20, 2018

    Regardless of your work style, having a weekly routine can help you stay on top of all the projects you are working on, and help you remember to do all the little things you need to do to keep your business running smoothly. In the third part of our Building Routines for Success series we offer a weekly routine to keep your schedule organized and keep your business on track.

  • Building Routines for Success: Part 2

    Posted in Freelancing Tips, Business Tips on Aug 13, 2018

    One of the biggest complaints that clients have when working with freelancers is that they do not deliver work on time. If you want to be a successful freelancer you need to be organized enough to never miss a deadline. In the second part of this SageGroupy series on building routines, we offer a simple monthly routine to help you keep your business on track and thriving.

  • Building Routines for Success: Part 1

    Posted in Freelancing Tips, Business Tips on Aug 06, 2018

    When you are a one-person operation, fostering the growth of your business and making sure everything is running smoothly can seem like a daunting task. This is when a few simple routines can come into play and help you keep track of how you and your business are doing. In the first part of the SageGroupy series on routines, we offer a simple yearly routine to help you keep your business on track and thriving.


Tags


Comments

Please sign in to comment!