This post is in collaboration with Sherpa If you run your own business from home or work as a freelancer, you’ll know that there are many pros and cons of working for yourself rather than as an employee. There can be so much to organise, it’s easy to Forget to organise things that would always have been sorted for you by an employer previously. I’ve listed below three important things freelancers forget to organise when setting up on their own.. 1. Insurance When you work for someone else you’ll receive sick pay, and even though we don’t like to think about it, usually death in service payouts as well. But if you work for yourself, what happens if you can’t work? How would you pay your mortgage if you became seriously ill and were unable to work for a while? Income protection insurance is something freelancers are strongly advised to get when they start working for themselves. You always need to ensure you have a contingency plan in place should things not quite go to plan. It’s a good idea to find a company specialising in self-employed insurance for freelancers, contractors, and other self-employed individuals so you can be confident that they understand what you need. Sherpa […]
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