Contractor doctor: do I need to be an expert to go contracting?

Contractor?

Enjoy the benefits of a return up to 88%...

Simply enter your current rate of pay to find out how much better off you could be:

Dear Contractor Doctor,

I’m bored with permanent employment and can tick every box in your article regarding the reasons permanent employees go contracting.

I’d love to go contracting for the lifestyle and more money, but am concerned that I’m not good enough to be considered an expert in my field.

Can I still go contracting even though I’m not a guru?

Thanks

[Name supplied]

Contractor Doctor says:

Thanks for your question.

Not being good enough is probably the number one concern permanent employees have about going contracting.

However, it is one of the common myths about contracting that all contractors are experts. Anyone can go contracting, and contractors skills range from little experience to industry experts.

There are many reasons why firms hire contractors. The demand for contractors is driven commercially by the need for a flexible workforce, not by the need for experts and gurus.

Regards

Contractor Doctor

Updated Friday, June 08, 2007, [Originally published Sunday, August 14, 2005]

© 2010 All rights reserved. Reproduction in whole or in part without permission is prohibited.


Readers Comments...


  
Bookmark and Share
  
     
  

Latest Site Updates

Contractor guide to completing a statement of capital Contractor guide to completing a statement of capital

What is a statement of capital and how should they be completed by limited company contactors?

What contractors need to know about investing through their contractor ltd company What contractors need to know about investing through their contractor ltd company

Contractors can build up large sums in their limited company, but James Abbott of Baker Watkin warns that investing this cash can mean higher taxes.

Contractor guide to new model articles of association Contractor guide to new model articles of association

As part of the changes introduced by the Companies Act 2006, limited company contractors should consider updating their articles of association.

IT contractor demand soars by 26% but there are still more contractors than contracts IT contractor demand soars by 26% but there are still more contractors than contracts

‘Green shoots’ are showing in the UK’s ICT labour market, as spending rises and IT contractors see demand soar by 26%, according to e-skills.


  
     

  
  

Advertisers

ClearSky Accounting DarwinPay Hiscox ClearSky Accounting AM Limited ContractorCalculator Marketplace Contractors Handbook
  
IR35 Tax Contracting Special
  

Advertisers

Contractors Handbook

The expert guide for UK contractors and freelancers

Tarpon – IR35 Umbrella Company

Increase your earnings today. Try our free salary calculator now.

Bedouin Group

No more IR35. Retain up to 85% of your earnings.

Parasol - umbrella company

The UK’s favourite umbrella company. Award winning service, fast set up.

Darwin Pay - up to 88% Return

Contractors can take home up to 88% of the contract safely.

NA D J Colom Accountants Bedouin Group Contractor Financials NewsNow
  
Darwin Pay
IR35 Tax Contracting Special

  

The UK's leading contractor site. Independently audited traffic (ABCe) – 107,479 monthly unique visitors.