IF SO, HERE’S WHY THIS COULD BE THE PERFECT TIME TO TAKE THE PLUNGE!
Here at His & Hers, we hear from a lot of contacts who are already freelancing, but don’t know whether or not it’s worth setting up their own limited company. If you haven’t done so before, the prospect can be really daunting. However, we think it can be well worth the effort. Here are a few reasons why…
There’s plenty of advice available to help you get started
Companies like One Click Group can help you to work out which business structure is right for you. They’ll help you to decide whether you’d be better off owning a limited company and to weigh up all the pros and cons before making a decision. They can also help you to take the stress out of tax deadlines and even help you run your payroll if your business grows faster than anticipated and you need to ensure that your team gets paid on time.
It’s faster (and cheaper) than you’d think
When His & Hers Magazine was launched back in 2011, the prospect of setting up a limited company seemed a little daunting. However, filing the paperwork was really fast and easy and cost next to nothing, which really wasn’t what we were expecting.
It can help when you want to land your first big clients
Having a company name and a website which prospective clients can visit to check out your credentials can be a big help when you’re starting out, especially if you want to work with bigger brands. Again, it can be tempting to put off launching your company, as the prospect of making it all official and even getting a logo designed or website launched can seem overwhelming. His & Hers’ advice is to chunk down the tasks you need to complete in order to get your company off the ground and then tick them off your list one at a time. You may be surprised at how fast things come together and discover that you do have time to launch a limited company after all!
We’re very proud to bring you this feature in association with One Click Group. Although this is a collaborative post, the words, and tips, are all our own.
If you’ve recently set up your own company and have any advice to share, we’d love to hear from you in the comments below. Alternatively, if you have any questions, please post them, too, and we’ll get back to you as swiftly as possible.
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