Ways You Can Make Money

No one can live according to their own rules unless they want to live far in the jungle and not enjoying all the inventions that humankind have made from electricity to internet and the comfortable things that you need to enjoy life. Part of being an adult is to make money because whether you like it or not, you need money to survive because nothing is free. Even just to sleep at night will require you to pay for the bed, the roof above you, blankets, pillows, and the room. Though you must be familiar with entrepreneurship and being an employee, here is a more in-depth explanation so you can choose which one is more suitable for you.

Start a business

workIt is the ultimate dream for anyone to own a successful company where you do not have to work anymore and let the management do everything for you. But nothing in this life will come to you if you do not work for it, and anything in life needs to start somewhere, and you start small. Patience, perseverance, luck, and knowledge is the four things that can make your business thrive in the future later. There is no excuse to say that you do not have the money to kick-start the company when 1 hour loans can help you to loan the cash that you need.

Get a job

job workWorking for someone else or in a company is not as bad as people say it is. Especially if you can find an industry that you love so going to work will be a little bit more enjoyable since you are passionate about the purpose of the company. There is joy in being an employee and having coworkers while you can have a career and pursue a higher role later in life. The stability is the perks of having a job since you know how much you will earn each month and there are more benefits that you can get from insurance and many other compensations.

Be a freelancer

If you are looking for something that can still provide food on the table and make a living out of without having you tied into a long-term commitment, then you should give freelancing a try. Find a skill that you can turn into cash and work on short projects so you can still have the freedom to take day offs and be your own boss.

How to choose the best umbrella company

In the UK, contracting is becoming a way of life to many people. In fact, you could say that the sector is booming. Umbrella companies are at the forefront of this growth, and you could be tempted to want a stake in at least one of them. It could be your best financial move. On the other hand, it could you down fall.

Pick the right umbrella company

Experience and reputation

It is popularly said that reputation is everything. This is even important when it comes to choosing an umbrella company. You should look for a trustworthy company, one that has a good name and record for contractor’s support. It is also important to bring up the issue of experience when you are searching for the best company. You want a company that has experience dealing with a spectrum of issues in the contracting world.


Do they have a genuine contract of employment?

Any genuine umbrella company will ensure that its contractors get employment contracts. This will ensure that you are entitled to all rights of a permanent employee. You will be guaranteed of sick, paternity and holiday pay.

If you do not get a compliant company, you will be missing on so many of your entitlements. Be on the look out to ensure that you are getting nothing but the best for your needs.

What’s their rate margin?

How much will you be getting back? This is an important question when you are out looking for the best umbrella company. The only difference that separates one umbrella company from the next is the margin. The government sets all the other rates such as national insurance and income tax and apply to each company. Do a deep search to know the pay rates. Only go for the company that offers a relatively fair pay.

Do they ask for joining or leaving fee?

You will find some interesting things when looking for a suitable umbrella company. One of this will be joining and leaving fee. You will be asked to pay these fees by some potential companies. Do not go for such companies. Continue with your search, and you will find a perfect match for you. Without joining and leaving fee, it means you are free to leave anytime you want.

Assess their user-friendliness

If a company will make you jump over a thousand hoops before you can get paid, that one is a bad choice. Take time to know how your would-be company deals with its contractors. Look for a company that has an online portal for you to submit all your expenses and claims. With this, you can be assured of excellent service all the time.


Do suppliers prefer the company?

Many recruitment companies will use preferred supplier lists. In this list, you will find companies that agencies trust will look after their contractors. As you search for a company, look it up and see if it is in any of these lists. If it does, it must be a good one. If it does not feature here, you should move on and look for another one.