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My First Day as a Contractor

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Old 05 August 2003, 07:47 AM
  #1  
beemerboy
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Hello peeps,
most of you will know, that i gave my notice in at work and am back contracting for them on 2 days onsite, 1 day home.

and after the amount of offline mail i received from fellow s/netters, who thought about a silimar path, i thought i'd share with you my experiences of how this has affected me.

basically, i started my own company (sole trading to start) on a shoe string budget of £50!!
i got some FREE business cards from vistaprint (USA), subject to carriage charges, printed my own letterheads, and trundled down to my nearest Barclays bank and saw their business adviser, who explained all i needed, and set my business bank account up for me, then and there. (free banking for 18 months)
about 5 days later, i received my paying in book, cheque book, debit card (for optimax) online banking stuff, telephone banking stuff - basically everything i needed and more...

i've just filled in a voluntary VAT registration form, so i can charge VAT and sell nice new shiny PC's etc.

whacked all the bank details into Sage

and here i am, ready to go.

My first day contracting was a real buzz.
I had focus and drive and a definate plan of what i needed to achieve for the day. (I actually believe that my company will get much more productivity for 3 days contracting, then 5 days full time)
Also word is getting about, and i am starting to get calls from ex-colleagues etc, who have taken up positions in other companies, offering more work. - dont think i'll actually need to advertise.

well, its early days, i know, but i feel so good about this and in control, i would highly recommend it to anyone.
i have created a basic system for myself, involving timesheets/tasklist, remote access, a spy in the office, contracts, etc... so if anyone needs and advice or wants to follow this path, pls feel free to ask.

I've even had to resort to scoobynetting in my own time!!!!

keep up the good arguments (i mean discussions)

BB
Old 05 August 2003, 09:51 AM
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Badger Stuffer
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Unhappy

Daren,

Get on with something you workshy ******.

Old 05 August 2003, 09:54 AM
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rogp
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Well done for having the guts to 'go it alone'.

I hope everything works out for you.

Roger
Old 05 August 2003, 09:55 AM
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Mossman
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Great stuff! I am sure it will work out, and very interesting to read about your experiences.

Mossman
Old 05 August 2003, 09:59 AM
  #5  
what would scooby do
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Yeah BB go for it, only thing I'll add is that you need to keep the "old boys network" alive, as it could be your biggest chance of getting continued work.. ring people you have not spoken to for a while and chat with them.. keep it rolling..

Old 05 August 2003, 10:27 AM
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blip
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Good luck with it!! I'm a self-employed web designer and have been for about four years now. I can't even imagine having to work full-time for someone else now.

My tips (for what they're worth):

- Be v. organised
- Practice good time management
- Try to stay stress-free
- Give yourself the day off when the sun is out!
- Earn stacks & then enjoy spending it.
Old 07 August 2003, 05:04 PM
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Leslie
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Congrats and good luck

Les
Old 07 August 2003, 06:08 PM
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wakeboardar
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keep you going til you find a proper job

Old 08 August 2003, 03:19 AM
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Little Miss WRX
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Excellent stuff, good luck.
Old 08 August 2003, 03:48 AM
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Freak
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welcome to the workd of f*ck all tax....if you do it properly....coff



I could never go PAYE ever again i dont think
Old 08 August 2003, 05:40 AM
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Billbill
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Cool

Best of luck Beemerboy, a few years of self employment and you will NEVER go back to the slave lines.
Old 08 August 2003, 07:31 AM
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Luke
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Its a great step forward.
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