Start your freelance business the right way.

•

2 likes•1,037 views

How to start your freelancing business the right way to ensure success. Start, Build and Expand your freelance business. Identify your goals and find a service that works for your strengths. www.newstability.com

Business

7 STEPS TO START,
BUILD & EXPAND
YOUR BUSINESS
NEWSTABILITY.COM

1. Goal
What do you want to get
from your freelance
business?
Consider your skills and
hobbies to maximise your
business potential.

2. Service
Be clear on the service you
intend to offer.
Become specific in your
service offering to know
understand your target
customer.
Consider focusing on a
specific industry or type of
job within your market.

3. Platfrom
Decide on your platform. Will
online markets or offline
markets work better for your
service. Find a way to
differentiate your service so
you don't get stuck
competing on price.

4. Market
Who are your clients and
where can you find them?
Be clear on the value you
add to their business to
ensure you have a strong
sales offering.

5. Portfolio
Create a number of work
samples or a portfolio to
show potential clients the
quality of work they can
expect.
Portfolios can help you
secure your first jobs before
you have testimonials and a
strong client base.

6. Clients
Finding your first clients can
be difficult. Reach out to
your network, friends and
family to share your service
offerings.
Directly contact potential
clients in your market.

7. Strategy
Consider your long term
growth strategy to
expand your business
when you reach capacity.
Maintain a high level of
professionalism & service.
Never discount services
to avoid being seen as the
'cheap' solution.

LEARN MORE.
VISIT
NEWSTABILITY.COM
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A growing literature has affirmed with great confidence the feasibility of high penetration levels of wind and solar energy in electric generation under existing technology. This optimism is based in part on the belief that improved forecasting has effectively “solved” the challenge of intermittency. For example, the UK’s Royal Academy of Engineering has recently noted that wind energy’s capacity weighted forecast error of about five percent is evidence that the wind energy forecasts in Great Britain are highly accurate. This paper assesses this claim using data from Great Britain, 50Hertz in Germany, Amprion in Germany, the California ISO, the Bonneville Power Administration, the Midcontinent ISO, France, Western Demark, Eastern Denmark, and Belgium. The analysis proceeds by comparing the forecast accuracy of load, wind, and solar energy with the accuracy of the corresponding persistence forecasts for load, wind, and solar energy. The analysis indicates that while the load forecasts are generally more accurate than a persistence load forecast, the wind and solar energy forecasts are generally less accurate than the corresponding persistence forecasts for wind and solar energy. Specifically, with a persistence forecast as reference, the mean-square-error-skill-score (MSESS) of the load forecasts are generally positive while the MSESS of the wind or solar energy forecast are generally negative. Evidence is also presented that the forecast errors have a systematic component. Modelling of this systematic component can yield short-run solar and wind energy forecasts that are significantly more accurate. This does not resolve the challenge of intermittency but may mitigate matters.

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Start your freelance business the right way.