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Showing posts from July 28, 2024

How the Gig Economy is Evolving: Insights from Recent Studies

  Written By: Rosanna Webb The gig economy has been a significant force in reshaping labor markets across the globe, and recent studies provide valuable insights into its evolution. This dynamic sector, characterized by short-term contracts and freelance work, continues to expand, driven by technological advancements, shifting workforce preferences, and economic pressures. Growth and Reach The gig economy has experienced significant growth in the last ten years. According to a 2023 report by the International Labour Organization (ILO), the number of gig workers worldwide has doubled since 2013. This surge is attributed to the proliferation of digital platforms that connect freelancers with businesses and consumers. Popular platforms like Uber, Lyft, Upwork, and Fiverr have become household names, offering opportunities in diverse fields from ride-sharing to professional services. Diverse Workforce One of the notable trends in the gig economy is its increasingly diverse work...

Protecting Yourself from Non-Paying Clients: Contracts and Legal Tips

  Written By: Rosanna Webb As a freelancer or small business owner, dealing with non-paying clients can be one of the most challenging aspects of running your business. The impact of unpaid invoices can be significant, affecting your cash flow, stress levels, and overall business stability. However, with the right contracts and legal tips, you can protect yourself and minimize the risk of non-payment. I will share my insights and strategies on how to safeguard your business from non-paying clients through effective contract management and legal practices. Understanding the Importance of Contracts Contracts are the foundation of any business relationship. They establish the terms and conditions of your work, ensuring that both parties understand their obligations and responsibilities. A well-drafted contract not only sets clear expectations but also provides legal protection in case of disputes. Key Elements of a Strong Contract Clear Scope of Work Define the scope of work...