You consider the dream of self-employment where you set the hours and get to be your own boss. But it’s not all fun and games. See the costs of being self-employed.
Have You Thought about the Costs of Being Self-Employed
Posted by Glen Craig under StartupsFrom http://freefrombroke.com 4257 days ago
Made Hot by: Emma on September 3, 2012 10:56 pm
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Comments
4251 days ago
4252 days ago
These are a lot of very good points. Of course, one option, assuming you make enough money, is to incorporate and pay yourself a steady salary out of corporate profits holding back enough for some kind of benefit package. In this way, the company controls your income by doling it out on a regular predictable basis. The only thing you need to worry about is continuing to create and sell your products or services. That will keep enough money in the coffers to keep those steady payments coming.
4252 days ago
As an sole trader (sole proprietorship in American English), Miranda's post is a good reminder of the costs of being self-employed. Have you heard about the term "business employment"? It is an interesting alternative to being employed or self-employed.