Due to the nature of freelancing work, it is important for contractors to set goals for themselves in order for their business to succeed.

With this in mind, experienced freelancer Laura Spencer has written some tips on Freelance Folder to help contractors get their business to where they want it to be.

Firstly, she advises, contractors must determine realistic, honest and specific goals, picking just a few important ones to concentrate on such as increasing income by a certain amount.

Next, it is important that freelancers must work out how they can achieve their set goals and look at any possible barriers to doing so.

Once tasks have been identified, contractors should plan the details so they are effective.

This comes after John Brazier, managing director of PCG, has said that contractors could flourish in 2011 due to their ability to adapt to the changing needs of their clients.