The Scot will have to work in a limited market due to the transfer embargo hanging over the Championship club.
Freedman understands that he has a restricted pool of players to take his pick from, and he concedes that even convincing them to join his team would be a problem.
However, the 40-year-old has found a smart way to increase his options - by looking for players all over Europe.
“Our market, because of the embargo, is a free transfer market,” the Scot told BBC Radio Nottingham at the weekend. “I have worked in this market before.
"I do know that they (players) are there, it’s just convincing them to come here, which is going to be difficult because of the restrictions on the money.
“They are definitely there, and we need to work hard. It’s just not England we are looking at, we are looking all over Europe for these players who can take us forward.”
Players who are out of contract in the summer transfer window will not necessarily be the best, and those who will be better than others will want a good wage.
Because of the transfer embargo and the limited budget, Forest cannot afford to pay high wages, which means that Freedman will have to sell the club to the players in a different way.
It is also quite smart of the Scot and the Forest bosses to scout Europe for players. It increases the pool of players from which Freedman can choose the best.
It will not be easy, but the Nottingham-based outfit could uncover some very good players.