Five key questions for budding freelancers
Will it suit you?
What will your status be?
Who will help you?
As an employee key headaches, such as payroll and tax, are handled by your employer. Self-employed folk, on the other hand, need to make sure they get the right advice and are supported while they build their business. As a minimum, it is worth considering whether you will need help from the following professionals;
- An accountant – to sort out your day-to-day record keeping, advise on tax and also help you to choose the right business structure
- A planner – to guide you when it comes to long-term saving and pensions and to set up the right policies to protect you if things go wrong
- A solicitor – to help you set up the right legal structure and guide you on contract and liability issues