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What contractors should do if their umbrella company goes bust
Contractors must protect themselves up front and move on if their umbrella company goes bust, say Parasol’s Rob Crossland and ClearSky’s Derek Kelly.
�to exist overnight, and that means all bets, and contracts, are off, as Kelly explains: “Contractors’ employ� �ould take home pretty much the same percentage of contract value. So beware of umbrella companies making ext�

Category: Articles: Contractor umbrellas companies | Tue, 02 Aug 2011


Decide between an hourly or daily contract rate and maximise your earnings
There are pros and cons for both hourly and daily rates. Find out what they are here, and choose the one to maximise your earnings.
�When you decide to go contracting and start looking for work you will be asked by r� �recruitment agents and hiring firms "what is your contract rate?" Depending on your industry and how much yo�

Category: Articles: First timers | Fri, 11 Nov 2016


7 common questions answered when considering the move to contracting
Find out answers to the most common questions people ask when considering contracting. Learn the hurdles and get started!
�for it then you could read the steps to becoming contracting in another guide: See steps to become a contracto� �mal hours on a contract and take time off between contracts. And you might have flexible working hours, with� �ility? It is very unlikely you will find flexible contract working, in terms of a few days a week or short d�

Category: Articles: First timers | Wed, 19 Oct 2016


From permie to contractor to small business owner
Kylie Sullivan is a contractor who has built a small business with more than 60 clients.
�van finally switched from permanent employment to contracting, the usual issues arose. Sullivan was both reliev� �k about how to build their businesses from single contracts to multiple ones. A Good Employee... Kylie Sulliv� �s. ''I’m unlike the contractor who does a 6 month contract at a time, and finding work is not done via agent�

Category: Articles: First timers | Fri, 13 Jul 2007


How engineers should start out in contracting
Engineers should get some experience before starting out in contracting, and should also improve their organisational and communication skills.
�While the market for high-technology contracting is stable and growing in almost all areas in the�

Category: Articles: First timers | Fri, 25 Apr 2008


Why contractors cannot trade as sole traders
First time contractors often question why they cannot simply trade as a sole trader, rather than setting up a limited company or using an umbrella. This article explains why.
�or work within umbrella limited companies. Direct contracts & the risk of employment status For direct co� �d person, since the very nature of their standard contract implies that you will be in receipt of regular pa�

Category: Articles: First timers | Fri, 30 May 2008


Timesheet finance can help new contractors with cashflow
Limited company contractors starting out or in urgent need of cash can access funds through timesheet finance, says Joanna Holloway of UC Finance.
�Limited company contractors who have just started contracting, or who have short-term cash requirements, can us� �t allows a limited company contractor - who has a contract for services with a creditworthy client or agency�

Category: Articles: First timers | Mon, 01 Oct 2012


What is a partnership?
A partnership is formed when two or more individuals decide to go into business together and want to keep their business administration to a minimum.
�at their roles in the business are, who can agree contracts and how, the leaving procedure for partners who w�

Category: Articles: First timers | Tue, 20 Jan 2015


Contractor guide to using specialist job boards
Contractor specialist job boards offer additional benefits, including networking opportunities and resources, says Mark Cherry of GoToJobBoard.
�contractors can increase their chances of finding contracts by using other tools. Many job boards have begun� �nning to gain more traction and interest from the contract sector, particularly in areas such as IT and fina�

Category: Articles: First timers | Thu, 07 Apr 2016


The 6 most popular reasons why so many employees go contracting. Is it for you?
Thinking of going contracting? Better pay and greater flexibility are just two of the benefits you could enjoy by making the leap. Find out more.
�ractors were permanent employees before they went contracting. But why did they leave? Why did they make the le� �idays it is rare for contractors to get part time contracts . Most contractors work the same amount as perman� �er. It is the most common reason for entering the contract market. But what about those permanent benefits?�

Category: Articles: First timers | Tue, 22 Nov 2016


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