Freelance Income Report for February 2009

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Comments

ETA: For those who want to do a little comparison, scroll down to the bottom of this post where I’ve listed links to all of the previous freelance income reports we’ve posted thus far. (Lorna)

I’d like to start February’s income report by saying that, as with most businesses and individuals these days, the Berry-Brewer Freelance Agency has been negatively affected by the economy. In addition to general annoyance, we’ve lost three fairly regular clients who simply had to cut back on their own expenses. We also had a very late international payment almost cut in half because what the exchange rate was in October (when we did the work) and February (when we got paid) were two very different things. These things do not make us altogether happy.

That being said, I’d like to also state that the Berry-Brewer Freelance Agency has been positively affected by the economy. We’re not quite sure if more businesses are turning to independent contractors to provide low-cost copy (as opposed to doing it in-house), or if we’re experiencing something of a fluke, but this has been the most incredible month we’ve had as a business so far. It was so incredible, in fact, that Lorna squealed like a little girl and hugged me when I told her what number we’d hit. And I’m not a hugger.

Here’s the breakdown:

Monthly Income: $7,300
Percentage of Income Paid Out to Our Writers: 14.8%

SEO Articles – $2,605

Web Content – $2,219

Blogs – $261

Ebooks/Reports – $1,840

Newsletters – $150

Print – $0

Press Releases – $225

We’d really like to follow this month up with another one breaking $7,000. After all, nothing beats kicking the economy in the butt like showing regular growth regardless of stimulus packages and housing market collapses!

http://www.sparkplugging.com/freelance-parent/freelance-income-report/ – January, 2009

http://www.sparkplugging.com/freelance-parent/freelance-income-report-playing-catch-upand-losing/ – November and December, 2008

http://www.sparkplugging.com/freelance-parent/freelance-income-report-aka-show-me-the-money-3/ – October, 2008

http://www.sparkplugging.com/freelance-parent/freelance-income-report-aka-show-me-the-money-2/ – September, 2008

http://www.sparkplugging.com/freelance-parent/freelance-income-report-aka-show-me-the-money/ - August, 2008

http://www.sparkplugging.com/freelance-parent/our-first-freelance-income-report-aka-show-me-the-money/ – July, 2008

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Comments

1. On March 3rd, 2009 at 9:50 am, Monica Shaw said:

Wow, impressive figures. It’s nice to see how possible it is to make a damn good living as a freelancer. This also reminds me that I really need to diversify my client base. Out of curiosity (and forgive me if you’ve addressed this before), how many hours per week do you work?

Monica Shaws last blog post..Seth Godin Interview: How to Become a Leader

2. On March 3rd, 2009 at 10:04 am, Genesis said:

Congratulations! That`s a very impressive month! I`m finding the same thing . . . that despite the economy, writing jobs are up. I`m thinking it`s because people are making one last attempt to earn online? Maybe. Who knows, but it`s nice!

Genesiss last blog post..Motivational Monday: Interview with Ann Westby

3. On March 3rd, 2009 at 12:50 pm, Allena said:

Go B-B!!!

I lost a $1200 per month client who got bought out in Feb and my other regular income reduced their rates, so I am probably looking at a $1300 per month hit for a bit, until I get going on drumming up new clients.

Despite that, January was the highest month I’ve had in my entire career. Haven’t looked at Feb yet.

Allenas last blog post..Don’t Forget: It’s Words Matter Week

4. On March 3rd, 2009 at 1:46 pm, Tamara Berry said:

Monica – In the past, we’ve always hovered around 20 hours per week each. I’d say this month we went over that (me by a few hours, Lorna was probably closer to 30). Lorna is moving full force ahead with that number, but it’s actually more than I want to work, so I’m laying low for a week to regroup.

5. On March 3rd, 2009 at 4:33 pm, Petula said:

Very impressive and congratulations. The economy has been a little rough on me. When I was taking my “maternity leave” almost two years ago and returned about five weeks later, I knew that one magazine I wrote for was going out of business. What I didn’t expect was one to cut their budget and another one to just disappear. That on top of a separation and pending divorce has been rough.

I realize that I’m going to have to put as much effort into other projects as I did into print. I hope some of the other things I am working on are successful. I look forward to seeing your next income report.

Petulas last blog post..Fashionable scrubs

6. On March 10th, 2009 at 9:46 am, Anne Wayman said:

Lovely to see and congratulations. Some always thrive in down economic times and it’s usually people who are thrifty and skilled.

Thanks.

Anne Waymans last blog post..Links To Help With Queries – Rescource Roundup Tuesday



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