Benefits of Becoming a Sole Trader

Is working as a sole trader right for you?

Whether you are an existing sole trader or considering setting up as a sole trader it is important that you work with a specialist contractor accountant.  With a specialist contractor accountant like Brookson to help manage all of your business affairs and guide you through the legislation and compliance, you benefit from the reassurance of knowing that you are receiving the best contractor accountancy support and that you are working compliantly at all times.  At Brookson, we make the whole process of setting up and running your own business as a sole trader easy for you.

You do however need to think carefully before setting up your sole trader business. It needs genuine commitment on your part to do it properly. There are rules to follow and responsibilities, and you need to be comfortable with the administrative side of things -credit control, obtaining insurance, managing your tax affairs, as well as the small matter of keeping the flow of work coming through the door.  We can help you with all of this.

But if you are up to the task, running a business as a sole trader has many advantages. You are your own boss, with no one to answer to; you have total freedom and flexibility of who you work for and when.

Carolyn Arber
New Business Advisor

Our accountancy service incorporating Connect and our friendly, proactive Customer Services Team take away as much of the administrative burden as possible and provide the guidance you need to meet your responsibilities and to ensure you are optimising your income by making the most of tax planning opportunities.

It may seem daunting when you are first thinking about setting up a business or you may find your current accountancy service cumbersome and requiring a lot of your time to manage, but don’t be put off. We have put together a free guide to starting operating as a sole trader which explains the process in more depth and provides the information you need to make an informed decision that is right for you.

Alternatively, please feel free to contact us on 0800 230 0213 and talk to one of our specialist advisors about how our services can help you take your first steps to starting your business or how we can help you to run your existing business.