Hey all!

I'm currently doing some work experience for a design company. They have mentioned that if I became a sole trader or limited company I might be able to do some contract work with them in the future. I was hoping someone could help me with a few questions:

Can anyone who has gone through this process give me some advice? i.e. limited company vs. self employed

What are good ways to get similar contract work from other companies? (I want to be involved in the design process - not just creating CAD models).

Its all very new to me so any advise is appreciated!

 

Hi James

There are pros and cons on the ltd question. I found Business Link is a good place to start.
http://www.businesslink.gov.uk/bdotg/ac ... 1073865436
http://www.businesslink.gov.uk/bdotg/ac ... =RESOURCES

You could always start as a Sole Trader and see how it goes. Going ltd does cost money. You will also need to get a good, helpful accountant.
Good luck either way.
Cheers
Alex

 

Hi James

I've been a self-employed/sole trader since 1992 and I've not had a problem getting work from large companies like BAE.

As long as you have adequate business insurance, you don't need to go limited.

Having a good website is key, I get all my work from my site, see below.