Consider scaling back or scaling up your business

Writing for Skyword.com, Emma Siemasko offered some advice to freelancers whose business is getting unwieldy. How can you the money you need without becoming frazzled?

Her suggestions included:

Raising your rates, which may prove you weren’t charging enough.
Narrowing your niche to what you do best.
Outsource work when necessary, which allows you to take on bigger projects.
Add a partner or create an agency, allowing you to team up on projects. “If your business of one suddenly becomes a business of two, you can scale more easily,” she wrote. “You could partner with another freelance writer to create a mini writing agency, or you could find a freelancer with complementary skills. For example, I often partner with graphic designers and web developers and can imagine partnering with one of them to create a full-service agency.”
Produce another product, such as a seminar or book, that makes more efficient use of your time.
Take full advantage of technology — such as invoicing software — to become more efficient.