Becoming a contractor gives attractive options compared to being an employee. However, there are certain challenges associated with your own contractor business in terms of starting and running it successfully. In this article, let’s take a quick look at the positives and negatives of working as a contractor in the UK plus tips to overcome those negatives.
Positives of becoming a contractor in the UK:
- Professional autonomy – you’ve got the freedom to govern and control business affairs independently
- Be your own boss – decide what work to take on, determine working hours and your vacation period
- You use your skills and expertise to your own benefit
- Ability to focus on your core expertise
- Complete job satisfaction
- Usually, contractors earn more revenue than what’s possible as an employee