Member-only story
The 4 Parts of a Successful Freelance Writing Business
“I credit my success not to my ability to gather wealth, but to my ability to gather great ideas.” — Albert Einstein
When I was working on my Bachelor of Science degree in Business Management some years ago I came across a concept that highlights the four parts of a successful business.
As I began going through that particular course and reviewing all the examples the textbook showed in reference to traditional businesses, I began to see some principles and ideas that were very similar to that of running a freelance writing business.
For example, if you are going to run a traditional business, you have to have a product. And in order to have a product you have to have a department or team that develops and produces that product — The Production Department.
In addition to a Production Department, you are going to need a Financial Department. It is the financial department’s goal to keep the business above water and to stay within budget.
Moreover, included with those two departments, a Marketing and Customer Service Department are essential to the success of any traditional business.
