When working out your hourly rate for contracting, what you’re really trying to work out is this: How much is your time, your energy, and your talent worth? These are difficult questions for anyone to answer. So instead, when working out your hourly rate, think in more grounded terms. Think about how many hours you…
If you’re new to the world of freelancing, you might wonder what to charge for your hourly rate. It’s a tough question. Perhaps for the first time in your life, you need to determine just how much your time is really worth. But working out your hourly rate for freelancing doesn’t have to be so…
Being self-employed means you’re your own boss. You’ll do everything on your terms, working wherever you want and whenever you want. It’s certainly not easy, but being self-employed can be immensely rewarding – not to mention profitable. This is a short guide to becoming self-employed. We’ll show you what sort of work you can do…
The Financial Conduct Authority (FCA) is one of a few bodies that regulate the financial services sector, including insurers and insurance brokers. You need FCA authorisation if you want to provide most types of financial services in the UK. When you register for FCA approval, you’ll have a choice between applying for “full” or “limited”…
Going self-employed for the first time can be nerve-wracking. There are many benefits to being your own boss. But when you’re your own boss, you have to take care of everything. So if you’re new to the world of self-employed work, how can you be sure that you’re doing everything right? This is your essential…
If you run a business, then you need insurance. You’re legally required to get certain types of business insurance. But even beyond your legal obligations, you should view business insurance as an essential safety net. Insurance guarantees that you’ll be able to bounce back from any crisis, no matter how severe or unexpected. If you…
Any contract is a legal agreement between two parties whether they are corporate or freelance contracts. They essentially make it clear just what’s expected from both parties and ensure that no party can back out of the agreement without incurring a penalty. Contracts are commonplace in most, if not all, business arrangements. But if you’re…
As a dental nurse, you need medical malpractice insurance. Your GDC registration depends on it. But you may also have heard of treatment risk insurance, or treatment liability insurance. And as dental nurses offer certain treatments, you might be wondering – do I need treatment risk insurance? In this post we’ll explore the differences between…
According to a 2019 report by the Federation of Small Businesses, small businesses fall victim to around 10,000 cyber-attacks every day. Cybercrime is estimated to cost small businesses a staggering £4.5 billion each year, with the average cost of a single attack at £1,300. The latest 2020 Cyber Breach Survey from the government, reported that…
A director’s loan account (DLA) allows directors, or their family members, to take money out of their company. To qualify as a “director’s loan”, this money must not be a salary, a dividend, or an expense repayment. Also, it must not be money you’ve previously paid into or loaned to the company. How Does A…