Business Guides - Starting Out

Is freelancing the life for me?

In this guide we explore the advantages and disadvantages of freelancing and give 10 qualities that make a successful freelancer.

Planning for success - setting your goals

Once you are sure the challenges and rewards of freelancing are for you, we recommend that you take an honest look at factors determining the success of your business - you and your skills.

Research your market

There are several key ways to find your first contract role. This section helps you on your way if you're new to freelancing.

Why you need a business plan

Every business, no matter how small, needs a working plan for the future detailing where you are now, where you want to be and your strategy for growth.

Setting up your company

Limited, sole trader, umbrella? An overview of the different options available to you and advice on the best way forward.

Raising Finance

Methods of raising finance for your freelance business.

Advice from the Forum of Private Business

Essential elements for start-ups and existing businesses - Freelance UK speaks to the Forum of Private Business about the best ways to turn your ideas into a commercial reality.

Financial Matters

If you are working through a limited company, you will pay yourself a monthly salary (many take a small salary). Those caught by IR35 will pay themselves a 'deemed salary'.

Freelancing insurance

There are various insurances that you might need, but Professional Indemnity is the must have for certain freelance sectors these days.

Getting a mortgage as a freelancer

Traditional lenders require three years of a freelancer's accounts, however Freelance UK has negotiated a special deal, with no arrangement fee with freelancer money specialists, FreelancerMoney.

Do I need an accountant?

If you have decided to trade through your own Limited Company then you really ought to have an accountant to help you with the various forms, obligations, taxes etc.

Why you need a portfolio

A portfolio is a showcase for your talent and experience. As you move from job to job more frequently by nature as a freelancer, your portfolio will become your strongest selling tool enabling you to demonstrate past successes in why you were a useful or profitable resource.

How to get organised

As you are your own boss, you are the only person responsible for not only ensuring you deal with the day-to-day admin but also that you are compliant with all regulations.

Final considerations

So, you've found your first project, got yourself an accountant and started trading. What else is there? Well, what about training to keep your skills up to date, what happens if you get sick? Click here for ways to mitigate these challenges.

                             

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