For a freelancer’s POV, it’s beneficial to them since number one they can generate lots of income from freelancing especially if they’re experienced. Two your hours will be flexible as long as you’ll be able to hit the deadlines. But what about the employer’s side or companies and solopreneurs as well as the coaches? It’s also advantageous to them to hire freelancers since it will lessen their expenses, especially on manpower. This contractual agreement helps eliminates the worries about the benefits and the taxes that you got to pay.
Most companies do contract out a lot of things because it costs them less in the long run. Even if they pay a higher hourly rate than they would for a regular employee.