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Are you better off as a contractor or an employee? How does the idea of being your own boss, earning a rate that is worthy of your time and having more control over your future sound?
“Pretty good if you ask me” is what many of our clients say.
Making the shift from working for someone else to representing yourself can sometimes seem overwhelming. Although it is a steep learning curve, the rewards for those who get it right are worth considering.
However, people often assume that being a contractor is always better than working for someone else. Sure, you may be able to charge a higher rate for your services – but that only tells part of the story.
If you become a contractor and make an uninsured mistake, run out of work or take on clients that don’t pay their bills, you may find yourself in an undesirable financial position that could have been avoided by remaining employed.
To help you gain a clearer understanding of whether becoming a contractor is in your best interests at this stage, we can provide a detailed review of your financial position and options for only $250+GST.
The benefits of being a contractor are numerous. However, there are several considerations and potential hidden costs that are important to weigh up before deciding whether to go out on your own:
During this session, one of our experienced advisors will take a close look at where you’re at from a business and accounting perspective, provide an accurate financial picture of your earning potential and offer advice about whether you are likely to be better off making the shift.
Clients often tell us that looking at their plans with a fresh set of eyes helped them to gain a clearer understanding of what needed to be done, and gave them the confidence to successfully make informed decisions.
“The best business decision I have made in the last ten years has been to use the services of Rebecca Stilton. She has been a godsend.”
– Barry Duffield, actor on Spartacus and independent screenwriter
Our intention is to help guide you in the right direction. There is no one correct answer, as every situation is unique and depends on a range of factors. From our breadth and depth of experience in working with both contractors and employees, we have gained a deep understanding of what leads to success on both sides of the fence, and can therefore use our knowledge to support your financial future.
Click here to book a fixed price consultation today – no ongoing commitment (unless you really like what we do!).
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