Displaying All Posts tagged with self-employed

How to Avoid the Risks of Freelancing

Risks of Freelancing

The only truly effective way to avoid the risks inherent to self employment and freelancing is to not be self employed and to not freelance. That particular way of generating money tends to be one giant risk when compared to full time contract work.

Being your own boss is all about embracing the risk in order to reap the significant rewards that come with it with the only major compensation being that you’ll technically never be made redundant. Click Here to Read Article …

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Risk in freelancing

Be Self-Employed & Smart: Know Your Insurance Options

Insurance options

Congratulations! You are one of the estimated 42 million Americans who has managed to escape the corporate treadmill and have found success in a partnership or sole proprietorship, or perhaps even as a contractor or freelancer.  You’ve found that there are plenty of perks being your own boss and having more control of your day-to-day duties when you are self-employed. You are also likely able to spend more quality time with your spouse and family members.

But you also realize there are some slight disadvantages in the situation. For one, you are the one ultimately responsible for your own successes and failures. Not only that, but you also recognize you are very likely taking on some additional financial responsibilities that may have previously been covered by a previous employer – many of which fall outside your standard office expenses. I’m talking about things like knowing all your insurance options such as retirement/401k options, health insurance, and life insurance. Click Here to Read Article …

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