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Becoming an Employee Again After Being Self-Employed

Becoming an Employee Again After Being Self-Employed

<p><em>Being an entrepreneur or a freelancer can be challenging. Besides all your responsibilities, you must often look for new clients and contracts. With time, it can become exhausting. For this reason, some people decide to become employees again after being self-employed. Here are a few tips if you are considering this.&nbsp;</em></p> <p></p> <h3>Why would a freelancer decide to become an employee again?</h3> <p>There are a few reasons why you likely wanted to <a href="https://www.momenteo.com/blog/why-become-a-freelancer-in-2024" target="_blank">become a freelancer</a>. You could want more flexibility regarding your schedule or a better family-work balance. But why would a freelancer decide to become an employee again?</p> <p>First, as mentioned in the introduction, it is not always easy to be self-employed, especially in recent years. Freelancers are not immune to exceptional situations that can harm businesses. Whether it is a pandemic, inflation, or an economic recession, one of your most important clients can decide not to work with you overnight.</p> <p>Some people become employees again to achieve financial stability and have fewer responsibilities. With a fixed salary, it is easier to plan the money needed to pay all your bills; you will likely be less stressed.</p> <p></p> <h3>A few tips on how to become an employee again</h3> <p>Are you now looking for a job? To ensure the change goes smoothly, let us give you a few tips on becoming an employee again after being a freelancer.</p> <p></p> <p><strong>Mention your professional experience on your resume</strong></p> <p>One of the most popular questions regarding the resume is whether a freelancer should mention their business on it or not. The answer is yes. Besides displaying what you have done during this time, you can promote the tasks and responsibilities you had. You must remember that it counts as a working experience. If needed, in your cover letter, explain that you are not looking for a job opportunity to avoid any ambiguities.</p> <p></p> <p><strong>Briefly explain your reasons during the interview</strong></p> <p>If you have the chance to have an interview, your potential employers may be curious and want to know more about the reasons why you want to become an employee again after being an entrepreneur. Regarding this, we believe that everything can be said when done properly. Here is a small tip: try to focus on positivity without using any lies. For example, explain that you are now looking for a new professional challenge or that their job offer was so attractive that you decided to apply. It will be more interesting than saying that you do not have any clients now and need money. Also, your potential employers must not think that you will leave in the next weeks to focus once again on your business.</p> <p></p> <p><strong>Define your needs and limits</strong></p> <p>To increase your chances of success regarding this career reorientation, we strongly suggest you take the time to define your needs and limits. As a freelancer or an entrepreneur, you can choose your schedule, the place where you work, and your clients. It will likely be different if you decide to become an employee again. Consequently, knowing what you need to have a fulfilled professional life will be necessary. For example, do you need to work a few days from home or have more flexibility regarding the number of work hours? Would you accept a lower salary in exchange for less traveling time?</p> <p></p> <p><strong>Keep a few clients if possible</strong></p> <p>With time, you may have established some great business relationships. You may not be ready to put aside all your clients and contracts. Why not keep a few of them and work on evenings or weekends? Besides helping you have more money at the end of the month, this <a href="https://www.momenteo.com/blog/things-to-know-when-looking-for-a-side-hustle" target="_blank">side hustle</a> could be a way to keep your entrepreneurial spirit. It is up to you to see if it is something possible.</p> <p></p> <p><strong>Check your finances</strong></p> <p>If you decide to become an employee again, there are strong chances that your finances will change, too. First, it is possible that you can say goodbye to installment payments and all the insurance you need for your business. You will likely not have to put aside some money for your days off or holidays each time you receive a payment. Why not benefit from this change by making an appointment with an accountant or a financial advisor? This expert will surely help you optimize your new situation.</p> <p></p> <p><strong>Consider getting a part-time job</strong></p> <p>If you are not entirely ready to become an employee again but still have to find a way to pay your bills, why not consider getting a part-time job? You could tutor students or work at a local store or coffee shop. This way, you will ensure a stable income while keeping some time to manage your business&mdash;the best of both worlds!&nbsp;&nbsp;</p> <p>In conclusion, do not see becoming an employee again as a failure. It is a life experience that allows you to be where you are right now. Moreover, nothing prevents you from keeping your business active; you can decide to accept a few contracts while having a job.</p> <p></p> <p>Whatever your decision, it is essential not to become an <a href="https://www.momenteo.com/blog/are-you-a-selfemployed-worker-or-employee-in-disguise" target="_blank">employee in disguise</a>. A freelancer or entrepreneur is not an employee but a collaborator and a partner!&nbsp;</p> <p><br /> &nbsp;</p>

Ariane