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Going Contracting

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Hi,

I am fairly sure this has been asked before but I couldn't find it using the search.

I am thinking about the possibility of going from a permanent role to contract and need some advice on the mechanics of it (i.e. do I need my own company, can I work as a sole trader etc).

If any one can point me towards a resource that will help with my research or is willing to let me pick their brain a little, that would be an enormous help.

If you can help, please either answer here or email me (winsermat@hotmail.com)

Thanks

Mat.
mat winser

4 Responses

  1. going solo
    Hi Mat

    A lot to think about, Rus’s material is a help – also gave a look at http://www.trainerbase.co.uk – there are some useful guides in the downloads section for individuals ‘going it alone’

    Things to think about:
    marketing – where are you going to get your work from – most freelance trainers only last 12 months
    day rate – needs to provide you with cashflow through the tough times (and yes they do happen!)

    Other TZ threads inxclude..
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=157274&d=680&h=608&f=626&dateformat=%25e-%25h-%25y
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=170637&d=680&h=608&f=626&dateformat=%25e-%25h-%25y
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=159284&d=680&h=608&f=626&dateformat=%25e-%25h-%25y
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=159237&d=680&h=608&f=626&dateformat=%25e-%25h-%25y
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=157752&d=680&h=608&f=626&dateformat=%25e-%25h-%25y
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=165272&d=680&h=608&f=626&dateformat=%25e-%25h-%25y
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=165179&d=680&h=608&f=626&dateformat=%25e-%25h-%25y
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=157537&d=680&h=608&f=626&dateformat=%25e-%25h-%25y
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=157274&d=680&h=608&f=626&dateformat=%25e-%25h-%25y
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=156429&d=680&h=608&f=626&dateformat=%25e-%25h-%25y
    https://www.trainingzone.co.uk/cgi-bin/item.cgi?id=156673&d=680&h=608&f=626&dateformat=%25e-%25h-%25y

    Hope these help..
    if you want to chat off line – email me

    Mike
    http://www.rapidbi.com/bir

  2. contracting specifically
    Matt
    if you are specifically looking at contracting rather than freelance – then you will need to be a ltd company – most agencies will not touch a sole trader (tax reasons)
    Talk to a couple of accountants, get their take on what you can and cannot do – they each have their own angle (look at TZ sister site accountingweb).

    good luck
    Mike
    http://www.rapidbi.com

  3. Thank you
    Thank you both for your comments.
    I think I still have a lot to consider.

    Mat.