Business Guides - Starting Out
In this guide we explore the advantages and disadvantages of freelancing and give 10 qualities that make a successful freelancer.
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.
There are several key ways to find your first contract role. This section helps you on your way if you're new to freelancing.
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.
Limited, sole trader, umbrella? An overview of the different options available to you and advice on the best way forward.
Methods of raising finance for your freelance 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.
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'.
There are various insurances that you might need, but Professional Indemnity is the must have for certain freelance sectors these days.
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.
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.
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.
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.
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.