http://www.4fmv.ca/seller-100100.htm
Looking at both the geographical area you live and work in and the industry you work for, is contracting or freelancing well established?
If there is already a thriving freelancing or contracting market (such as in IT), you are likely to find it easier to establish yourself.
Conversely, if you work in an industry or area where there is very little competition, you may also be in a strong position to go freelance.
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