Become A Freelance Editor - Business Ideas

Pat Walls

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Updated: September 16th, 2022

Become A Freelance Editor

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Freelance editing is a great business idea for those passionate about language, grammar, and literature. As a freelance editor, you will review and improve written materials, whether novels, articles, reports or resumes.

To start a freelance editing business, you will need excellent communication and editing skills and a keen eye for detail. It is also helpful to have a background in writing or editing, although this is only sometimes necessary.

To run a successful freelance editing business, you must establish a robust online presence through a website or social media platforms. You will also need to market your services to potential clients through networking or paid advertising.

One of the main benefits of starting a freelance editing business is flexibility. You can work from anywhere, anytime, as long as you have a computer and an internet connection. You can work around other commitments, such as raising a family or pursuing other interests.

Freelance editing is a great business idea for those looking for a flexible, rewarding career that allows them to use their skills and expertise to help others. This could be the perfect business opportunity if you have a passion for language and a keen eye for detail.

Becoming a freelance editor requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell freelance editor service, or selling freelance editor service online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size

$1.5T

starting costs

$11.7K

gross margin

90%

time to build

210 days

growth

Organic social media

business model

Subscriptions

time investment

Full time

Startup Costs

	Min Startup Costs	Max Startup Costs
Office Space Expenses	$0	$7,000
Employee & Freelancer Expenses	$150	$250
Website Costs	$223	$7,015
Business Formation Fees	$600	$4,700
Software Expenses	$162	$2,894
Advertising & Marketing Costs	$0	$1,400
Total Startup Costs	$1,135	$23,259

See all startup costs ➜

Case Studies

Leaving The Agency Grind To Start My Own Freelance Writing Career

I’m Daniel Waldman and I’m a freelance writer. My business is called Dan...

• $3.5K/mo

See all success stories ➜

Successful Businesses

Business	URL	Rank
Miranda Marquit	mirandamarquit.com	395,394
Ruangmuda.com	ruangmuda.com	407,480
animation jobs and careers online	animatedjobs.com	534,195
Singapore Freelance Zone	freelancezone.com.sg	673,382
Pitchwhiz	pitchwhiz.com	685,884
Gorkana	gorkana.com	862,164
Who Pays Writers?	whopayswriters.com	919,309
Welcome	editors.ca	967,487
Moya K. Mason	moyak.com	1,157,724
Council of Science Editors	councilscienceeditors.org	1,206,645
Professional Business Writers	probizwriters.com	1,629,201

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Pros & Cons

Pros	Description
Flexibility	You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home	It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required	The cost to start a freelance editor costs significantly less money than most businesses, ranging anywhere from 62 to 23,259.
Rewarding work	Starting a freelance editor can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable	With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
No overhead costs	To get your freelance editor started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!

See all pros ➜

Cons	Description
Crowded Space	Competition is high when it comes to your freelance editor, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Longer Sales Process	A freelance editor can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.
Work can be inconsistent	As a freelance editor, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.
Lack of benefits	With a freelance editor, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation	Often times, as a freelance editor, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes	As a freelance editor, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

See all cons ➜

Key Stats

Startup Costs

Case Studies

Successful Businesses

395,394

407,480

534,195

673,382

685,884

862,164

919,309

967,487

1,157,724

1,206,645

1,629,201

Pros & Cons