It takes a lot of good people for an ecommerce business to be successful. And by “people,” we mean those who deal with manufacturing, inventory, marketing, sales, customer service, and more. That’s a lot of work, right? And it also costs a lot of money. That’s the reason business owners prefer to hire freelancers to … Read more
Making Tax Digital (MTD) is the UK Government’s plan for making HMRC the most digitally advanced tax administration in the world. From 1 April 2019 most businesses above the VAT threshold of £85,000 are required to keep their records digitally and submit their VAT return using compatible software. VAT-registered businesses with turnover of above £85,000 … Read more
Websites are the future of commerce, and as such, there are numerous ways that you can make money from your website. In this guide, we’ll show you how you can create a website that is centered on bringing in revenue. Let’s get started. Creating a User-Friendly Website Come Up with a Theme and Conduct Keyword … Read more
Experts advise entrepreneurs not to quit their jobs first until they are assured that the business venture will bear fruits. You might run out of resources to keep the business going before it becomes profitable. A smart way is to transition gradually from full-time into freelancing. Get a professional freelance technical writer to assist with … Read more
You’ve got the perfect name for your freelance consulting business. You may have even gone and registered your freelance domain name in a fit of excitement. You may even be lucky enough to have won your first client. It’s time to register your freelance consulting business. If you’re like me, you may find the idea … Read more
Ecommerce continues to expand in 2018 as more retailers and small business owners join the movement. Today, 11% of smartphone owners admit they shop online weekly, and this number is expected to grow. Although there are many benefits associated with the expansion of ecommerce, it is becoming more difficult for shop owners to stand out. … Read more
Getting paid as a freelancer can be a stressful experience, especially when a client is delaying payment on a large invoice that you need desperately. While getting paid is the top of your list, all too frequently paying you falls to the bottom of your list. Here’s how to get paid as a freelancer and … Read more
Working Freelance – Some Points to Consider These notes are intended to give a general overview of some of the main issues associated with freelance work. As each person’s circumstances are different, thorough investigation is necessary, which might include professional advice e.g. on legal and taxation matters. What is freelance work? You are carrying out … Read more
If you’re going through the process of setting up a limited company for your freelance business, your accountant may well ask you to choose between the normal VAT scheme and the Flat Rate VAT scheme. It should be pointed that they you will only have to register for VAT of you’re revenue will be above the … Read more
Our freelance accounting glossary has handy definitions of accounting and bookkeeping jargon – from accruals and aged creditors, to retained profit and written down value. If you’re new to freelancing or running a business, you may hear a lot of words and phrases that are unfamiliar to you. Our freelance accounting glossary will explain some … Read more