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Money management for contractors
Money management is a key skill for successful limited company contractors. The basics are straightforward and easy to pick up.
�ge their money and still focus on the benefits of contracting, such as choosing to do the work they enjoy most,� �flow challenges, particularly if they are between contracts. Time off – holiday, sickness and periods between�
Category:
Articles: Contracting
| Fri, 23 Dec 2011
Contractors underpin innovation, the UK’s main growth driver – Cranfield report
Contractors underpin the UK economy’s main growth factor of innovation, shows a new PCG-commissioned report by Cranfield’s Professor Andrew Burke.
�small to medium sized enterprises (SME). But the contracting and freelance sector needs to develop its own ide�
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News
| Wed, 28 Nov 2012
Ensuring you get paid when contracting
Contractors are small businesses so, unlike employees, are not guaranteed payment for their work and must adopt strategies to ensure they are paid.
�o adopt strategies that ensure they get paid when contracting. Before even starting a contract, contractors sho� �rate for work, contractors should turn down these contracts automatically – that’s one of the reasons that ag� �get paid when contracting. Before even starting a contract, contractors should perform a financial check on�
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Articles: Contracting
| Mon, 26 Jan 2015
Oil and gas contractors should target juniors for contracts, as operators shed staff
Contractors in search of UK contracts should explore potential opportunities with independent and junior firms that remain proactive in the North Sea.
�ent and junior oil firms as a potential source of contracts. This comes after it emerged that a number of sma� �ntractors in the UK who are struggling to stay in contract should look towards independent and junior oil fi�
Category:
News
| Thu, 14 Jan 2016
Timesheets, invoices and payments
When you are contracting you need to complete timesheets and raise invoices. This article explains the process.
�When you start your contracting you will need to complete timesheets and get them� �days being charged. Rate per hour/day (as per the contract). The total value of time charged. Expenses charg�
Category:
Articles: Contracting
| Thu, 15 Sept 2016
Contracting and jury service – the issues explained
A jury summons means that a contractor is legally required to attend court, which can be costly and time consuming, even with jury service insurance.
�could technically leave a contractor in breach of contract. Jury service expense insurance can alleviate som�
Category:
Articles: Contracting
| Mon, 02 Oct 2017
Recruiting and interviewing new team members - a guide
A simple guide to assist you when your client requests your help to interview new candidates.
�the best and offering them the job. Marketing the contract You need to think of recruitment as a marketing c�
Category:
Articles: Contracting
| Tue, 14 Nov 2017
Contractor to consultant: part III – 8 tips to make it happen
Do you want to be part of the team, or an agent of change? Read our guide to becoming an independent consultant.
�After years of contracting, you may find yourself more interested in working� �ess lined up. Many would-be consultants end their contracts, and then spend 6-12 months unemployed trying to�
Category:
Articles: Contracting
| Thu, 23 Nov 2017
Advice on going back to permanent work from contracting
This guide discusses the factors when deciding whether to go back to permanent employment.
�o permanent work include: Reasons for moving from contracting back to permanent Tired The highest paid contract� �that can find themselves continually in well paid contracts. Security can become an issue for those contracto� �urning out the same type of work when moving from contract to contract. Shortly after getting the job it is�
Category:
Articles: Contracting
| Tue, 28 Nov 2017
10 Tips for long term successful contracting
There’s more to a successful contract than getting your timesheets signed. 10 Tips for success.
�Here are our top 10 tips for long term successful contracting: 1. Deliver. Deliver. Deliver - the "Three D's" Y� �well as getting paid, you should aim to end your contracts in a stronger position than when you started them� �There’s more to a successful contract than getting your timesheets signed. If you’re in�
Category:
Articles: Contracting
| Thu, 04 Jan 2018
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