Find guides and information to help you manage the finances for your freelance business. Understand what records you must keep and the most effective ways to store that information, as well as tips for freelancing whether it’s a full-time enterprise or something on the side.
Most people nowadays have thought about either starting a side hustle or turning their creative hobby into a business. It’s perfect if you want flexibility and financial freedom, or to earn some extra cash in uncertain times. One of the routes you might choose to go down is freelancing. This is where self-employed individuals work…
Making the move from employment to self-employment can feel overwhelming, but you’re in good company. There were a reported 3.1 million sole traders in the UK at the beginning of 2022. And these figures are continuing to grow! We’re going to look at the most frequently asked questions surrounding sole traders. Including: What is a…
A freelancer and a contractor are two different things, though the terms are often used interchangeably. It’s easy to see why the differences between the two are often overlooked, when both are: Forms of self-employment Temporary additions to a company’s in-house workforce Non-salaried Despite these similarities, freelance work is actually a different beast to contracting,…
Freelancing is on the rise, whether that’s instead of regular employment, or as well as. Alongside the ability to drum up business, bookkeeping is an essential key skill for any freelancer. Accurately recording and monitoring business accounts goes a long way towards reducing stress when that Self Assessment tax return rocks round. So, what with…
It’s only natural for a business to quieten down a bit during the festive period. When that happens though, a bigger business can usually take the hit and recover much more easily than a freelancer. When it’s just you running a business, even just a little less work can have big consequences….
