What profit do freelancers make and how?

freelancing profit

Asked on October 7, 2023 in Freelancing.
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    The profit that freelancers make varies depending on a number of factors, including their industry, experience, and location. However, freelancers can typically make a good living, and some freelancers earn very high incomes.

    According to a recent survey by Upwork, the average freelance rate in the United States is $60 per hour. However, rates can vary widely depending on the industry and experience level of the freelancer. For example, freelance software developers with 5+ years of experience can command rates of $100 per hour or more.

    Freelancers typically make a profit by charging their clients an hourly rate or a fixed fee for a project. Once the freelancer has completed the project, they will keep the difference between their income and their expenses as profit.

    Answered on October 7, 2023.
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