Business Guides - Starting Out

The pros and cons of freelancing

Freelance be a dream or it can be an incredibly daunting prospect. You will need to consider both the pros and cons of freelancing to make the right decision of going freelance, that is suitable for your lifestyle and industry. There are some great benefits such as flexibility and pitfalls include loneliness. 

How to start a freelance personal training business from home

Do you take an interest in exercise and enjoy it and are looking to start a business? There this guide will help you on how to start a freelance personal training business from home. 

How freelancers can build a powerful personal brand on LinkedIn

LinkedIn is the most powerful business networking tool on the planet, and as a freelancer, you simply cannot afford to miss out.

The Rise of the Self-Employed

The number of self-employed is rising due to the many benefits. Individuals are either taking up a side hustle or going full employed because of the extra income and the flexibility which supports the work-life balance. Here is how you can become self-employed.

Turn your side hustle into a legitimate freelance business

Have you got a passion that you work on? Can you make money from it? Then here is why you should consider turning your side hustle into a legitimate freelance business. 

Freelancing while you’re at university

A guide for university students looking at going freelance as a side hustle. Freelancing can be great for students as it can be additional income and it comes with flexibility. Students can also benefit from the real-life work experience. 

How to gain relevant experience before going freelance

The guide on getting relevant experience before taking the jump into going freelance give four ways in which you can gain experience. The four ways to get experience include training and courses, doing work for free, creating a portfolio and networking. 

A graduate’s guide to freelancing

A graduate's guide for any prospective freelancer. The guide for graduates focuses on deciding if freelancing is the right path, the pros and cons of freelancing, the business side of freelancing and getting the right skills and experience. 

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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