How to Hire and Manage Freelancers

Punch Financial
5 min readDec 8, 2022
Two entrepreneurs shake hands.

There are many benefits to hiring freelancers, including the ability to tap into a global pool of talent and the flexibility to scale your workforce up or down as needed. But managing freelancers can also be challenging, as they are often working remotely and may not have the same level of commitment to your project as full-time employees.

Here are some tips for successfully hiring and managing freelancers:

1. Define the scope of your project clearly from the outset. Freelancers will need to know what is expected of them in order to deliver quality work on time and on budget.

2. Communicate frequently with your freelancers. Keep them updated on any changes to the project scope or timeline, and provide feedback on their work on a regular basis.

3. Use project management tools to help you stay organized and on top of deadlines.Tools like Trello or Asana can be helpful for tracking tasks and keeping everyone on the same page.

4. Pay your freelancers promptly. They are relying on you for income, so be sure to honor your payment terms and avoid any delays in payments.

5. Be prepared to let go of control. When you hire freelancers, you’re giving up some control over how the work is done. Try to be flexible and open-minded, and trust that they will deliver quality work.

By following these tips, you can set your freelancers up for success and create a productive and positive working relationship.

Tips for Finding and Hiring Great Freelancers

1. Know What You Need

Before you start looking for a freelancer, it’s important to know what you need. Take some time to think about the skills and experience you need for the project. Once you have a good idea of what you’re looking for, you can start your search.

2. Set a Budget

When hiring a freelancer, it’s important to set a budget. This will help you narrow down your options and find freelancers who fit within your price range.

3. Search Online Job Boards

One of the best ways to find freelancers is to search online job boards. There are many different job boards available, so be sure to choose one that specializes in your industry or field. Once you find a few good candidates, you can contact them and invite them to apply for the job.

4. Use a Freelancer Marketplace

Another great option for finding freelancers is to use a freelancer marketplace. There are many different marketplaces available, so be sure to choose one that specializes in your industry or field. Once you find a few good candidates, you can contact them and invite them to apply for the job.

5. Ask for Recommendations

If you’re having trouble finding good freelancers, you can ask for recommendations from friends or colleagues. They may know someone who would be perfect for the job.

6. Check Portfolios

When you’re considering a freelancer for the job, be sure to check their portfolio. This will give you a good idea of their skills and experience. If they don’t have a portfolio, you may want to consider another candidate.

7. Ask for References

If you’re considering a freelancer for the job, be sure to ask for references. This will give you a good idea of their skills and experience. If they don’t have any references, you may want to consider another candidate.

8. Interview Candidates

Once you’ve found a few good candidates, it’s time to interview them. This is your chance to get to know them better and see if they’re a good fit for the job. Be sure to ask about their skills, experience, and rates.

9. Make Your Decision

After you’ve interviewed all of the candidates, it’s time to make your decision. Choose the freelancer who you think is the best fit for the job. Be sure to communicate your expectations and budget before you start working together.

10. Get Started

Once you’ve found the perfect freelancer, it’s time to get started on your project. Be sure to provide them with all of the information they need to get started. Once they have everything they need, they can get to work and start delivering results.

How to Manage Freelancers

There are a few key things to keep in mind when managing freelancers:

1. Make sure you are clear about what you expect from them in terms of work product and deadlines.

2. Pay promptly and according to the agreed-upon schedule.

3. Communicate frequently and openly, so that there are no surprises on either side.

4. Be respectful of their time and professional boundaries.

5. Offer constructive feedback, so they can continue to improve their work for you.

With these tips in mind, you should be able to develop a good working relationship with your freelancers, and get the most out of their talents!

Benefits of Working with Freelancers

There are many benefits to working with freelancers. Here are some of the most notable ones:

1. They’re usually more affordable than hiring a full-time employee.

2. You can hire them for specific projects or tasks, rather than having to commit to a long-term contract.

3. They often have more flexible schedules and can often work around your schedule or deadlines.

4. You can usually get started working with them much faster than you would be able to with a full-time employee.

5. They often bring a fresh perspective and new ideas to the table.

6. They can help you save time on training and onboarding since they usually already have the skills and knowledge you need.

7. They can help you scale your business up or down quickly and easily as your needs change.

8. You don’t have to worry about things like employee benefits or payroll taxes when you work with freelancers.

9. You can often find freelancers who specialize in the exact type of work you need, which can save you a lot of time and energy.

10. Working with freelancers can be a great way to build long-term relationships with talented individuals who you can rely on for future projects.

We Make Managing Freelancers Easy

Keeping track of and managing freelancers and making sure they are paid on time can be stressful, especially when you’re also focused on other aspects of running your business. Punch Financial can help you take hold of important parts of your business- bookkeeping, accounts payable, accounts receivable, cash flow management, and automation- making it easier to manage not only freelancers but also other aspects of business ownership. Contact us today to learn more.



Punch Financial

Outsourced finance, bookkeeping, & CFO solutions for #startups! Our clients included Honey, Lootcrate, Kangarootime, Boulevard, and many more.