Latest / Freelance Careers with Fexingo: Independent Work, Consulting, and Self-Employment
How to Build a Freelance Exit Plan
Most freelancers think about starting their business, but almost nobody plans for how to leave it. In this episode, Lucas and Luna walk through the story of a freelance graphic designer who sold her solo practice for six figures by preparing a 'transition playbook' two years in advance. They discuss the three documents every freelancer needs: a client transition plan, a recurring revenue audit, and an IP inventory. They also look at the numbers behind a typical freelance exit, including the common multiple of 1.5 to 3 times net profit, and why most solopreneurs fail to sell because…
The skinny
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