Read more about 10 tips for being a better freelancer at CreativeBloq.com
Your first year of being freelance is the toughest. You have to get to grips with all the paperwork, legislation, and cashflow, plus the stress of being out on your own. And as if that wasn’t enough, freelancing can be risky. You’ll find that borrowing money or even renting a house isn’t as straightforward as it would be if you were employed. Many lenders expect to see a minimum of three years of accounts prepared by a chartered accountant. And if you’re a sole trader and go into debt, you could lose your house.