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Contractor interview: sue builds a better life contracting
Having left a permanent job to take up contracting, Sue has built a better business and has a more rewarding lifestyle.
�en years, to become a contractor. Never Regretted Contracting ''And I've never regretted it,'' Sue insists. ''T� �d start on this contract, Sue gathered a few more contracts around the area she was now living in. She works� �ue to do that anyway.'' With a good start on this contract, Sue gathered a few more contracts around the are�
Category: Articles: Contractor Interviews | Mon, 28 Apr 2008

INTERVIEW: Take a few tips from the contractor who overnight went from £35k to £85k
Tired of languishing in IT sales, veteran contractor Paul Drew reinvented himself as a project manager and saw his income jump overnight by £50k.
�an contractor Paul Drew’s book, whose approach to contracting changed his career, and bank balance, out of all� �of reasons why I consistently managed to win new contracts, and none of those reasons are rocket science,” s� �rtunity presented itself, with an interview for a contract with one of the leading IT firms, working for wha�
Category: Articles: Contractor Interviews | Mon, 26 Jan 2009

INTERVIEW: Don’t let a bad apple ruin your contracting barrel says veteran contractor
Contractors must take the rough with the smooth and shouldn’t let a bad experience put them off, says contracting stalwart Jane Smith.
�mith. And as her story shows, anyone who has been contracting for any length of time needs to develop the ‘rhin� �picking up the phone book. And, as most of Jane’s contracts are direct with the client, she doesn’t usually h� �re client politics “I won a high paying six-month contract, working through an agency, for a major logistics�
Category: Articles: Contractor Interviews | Tue, 03 Mar 2009

Contracting mindset tips: failure to consider the opportunity cost can be expensive
Contractors are often tempted to take contract offers below what they’re worth, but the opportunity cost can end up being more expensive than waiting.
�ailing to consider the opportunity costs of their contracting options may be making costly business decisions.� �a little short-sighted. If you have been between contracts for a few weeks and agents know this, expect offe� �s are tough. But the cost of taking a poorly paid contract can prove to have been an expensive mistake month�
Category: Articles: Contracting Mindset Tips | Fri, 23 Dec 2011

Contracting mindset tips: you can only send a sick note to yourself
Contractors who can’t work because they are ill can only send a sick note to one employer, which is their own limited company, not their client.
�for your company. If you are too ill to find new contracts, it is not the agency’s or client’s responsibilit� �k note to yourself, pay yourself sick pay and use contract law to explain to the client why you could not co�
Category: Articles: Contracting Mindset Tips | Thu, 06 Mar 2014

Contracting mindset tips: save money for sickness, holidays and time out of contract
Clients only pay contractors when they are delivering a service and, unlike employers, do not include paid sick days and holiday as part of the deal.
�expect to pay for services delivered When you go contracting, you become a service provider, just like your ga� �f for holidays or when you’re not working between contracts. Would you pay £300 to watch daytime TV? If your�
Category: Articles: Contracting Mindset Tips | Mon, 31 Oct 2016

Contractor banking: choosing a business bank account
Contractors who have decided to trade through a limited company must apply for a separate business bank account for their contracting business.
�any must set up a separate bank account for their contracting business , and may choose from a range of busines� �r contractors who are due to commence their first contract at short notice and will need to provide a proof�
Category: Articles: Contractor banking | Mon, 08 Aug 2016

Contractor banking – applying for and opening a business bank account
Once a contractor has decided which financial institution they plan to bank with, the next step is to work through the process of opening the account.
�ss Nature of the business – most banks will class contracting as ‘business services’ or ‘business consultancy’� �r – a calculation or estimate of the first year’s contract fees will normally suffice Any funding requiremen�
Category: Articles: Contractor banking | Mon, 22 Aug 2016

Save time and money with the Cashplus Business Account for contractors
Contractors can reduce their business banking burden with the Cashplus Business Account, says Cashplus financial commercial director Nick Biggam.
�establishing a business is securing new customer contracts and securing the funding, which often takes prior�
Category: Articles: Contractor banking | Thu, 04 Oct 2018

How to protect earnings if you are unwell using income protection policies
To ensure you still get paid when you are unwell you can protect your income based on your contract rate
�w company salary. Many specialist advisors in the contracting market have access to special contract rate-based� �y basis during the course of a year as you change contracts. Basing income and premiums on an annualised cont� �provide a level of cover based on your annualised contract rate, and not just on your low company salary. Ma�
Category: Articles: Contractor Income Protection | Thu, 29 Sept 2016