The Trotters are hoping to have fresh faces on board before the end of May, with more to follow when the transfer window re-opens.
Freedman is already making arrangements for next season despite being unaware of which division Bolton will be in, with there every chance that they will be involved in the Championship play-offs.
He is, however, keen to get his transfer business completed early and believes he has identified players that will strengthen his ranks regardless of what happens over the coming weeks.
"We will be signing two players by the end of this month no matter what division we're in, and there's another three that are on the sheet that the chairman's aware of," said Freedman.
"No matter what, I sign a certain type of player with a certain DNA. It doesn't matter what division we're in, I know what players we're going to go after.
"It's not about spending the biggest money, it's about getting the right targets. I have planned for that and I think it's always crucial to do that."
Freedman has refused to be drawn on the identity of his targets, but added: "I think I'd like to balance the squad up a little bit.
"With the amount of centre-halves we've got and centre midfielders we have, I just need to balance it up in the wider areas, and that's what we're going to do.
"That may make one or two people move on but that's life in football, that's the way it goes."