Let me rephrase my answer..I couldn't possibly, or would want to, compete with the big web design companies. I'd love to make a website for coca cola as a freelancer. But it ain't gonna happen is it???
Why not?
I'm trying to make the point that I'd focus my Business at realistic target audiences. Find my OWN niche and start small, as it were.
JMC, if you are targeting up-and-coming bands because you see a good market there, fair enough, well spotted - I'd have thought it was too small a pool of clients to carve a customer base out of, but you could be right and I don't want to presume to tell you your business.
But I wanted to make the point that large corporations
are realistic targets, because they are big consumers. They have lots of projects, so they must need freelancers, as well as big web design companies (I admit I don't know this from experience of the web design world, but I do have enough freelancing experience in other fields that I'd be very surprised if I were wrong).
I will also say that if you are getting established in any freelancing field, it's important to quickly acquire professionalism, i.e., the ability to identify and respond to clients' needs and requirements, and that is easier to pick up from clients who already know their requirements properly rather than just having a vague idea that they would, for example, like to have a cool website ("Dunno, maybe... black? With dark red text? Yeah, an' really, really dark photos. Usability? Wot's that, then?"). Plus, it's always frustrating when your hard-earned professional abilities aren't appreciated because your client is an ignoramus (makes billing so much stickier, as well - "Usability?. I din't ask for none of that").