Four Ways To Outsource On A Budget

Being a freelancer is a big deal. You’re out in the world and you’re running your own home office, and you’re basically running your own business. If you are a freelancer who is looking to expand into owning your own business, you need to look at what your finances could be to know whether you could afford something like outsourcing. Let’s be honest: you’re good at what you do, but you’re not good at everything. You can run your niche – it’s why you’re a freelancer in the first place. However, you may not have a clue about IT support or marketing campaigns and advertising ideas.

The problem is money. It’s an age old catch-22: you need money to outsource, but to make more money you need to outsource! Instead, you’ve got to figure out how to do it in a way that’s affordable. When you’re focusing on keeping your IT systems secure, you should speak to companies like ATB, who offer help with anti spam software and virus protection. When you have to focus on your next ad campaign for your business, you’d speak to an expert in marketing to ensure you get the right traffic directed toward your business to improve conversions. Below, you’ll find four ways to outsource on a lower budget than you’d like.

Go For Importance

You may love the idea of a virtual assistant, but it’s the least important job you need to outsource. You can’t keep going with a business that’s unprotected, so look at outsourcing IT first. You’ll be able to expand better when you have a well supported IT system and great web hosting.

Outsource The Jobs You Hate Doing

Who likes to invoice? No one likes to invoice. You’ve got more exciting things to do, like network and get new business your way. Think about the jobs that you find tedious and look to outsource those first. Not only does that get it out of your way, it frees you up to do the jobs you want to do, instead.

Start Small

You’re on a budget, which means that even if you wanted to you can’t pay out big money for your outsourcing. Look at starting small with another freelancer to do the images for your blog or the backend stuff for your IT systems. As you build more cash, you can outsource more and keep bringing in new business with the money that you’re saving.

Outsource To Make Money

What is it about your business that you know will increase your bottom line? If you choose to work on outsourcing those tasks first, you’re going to ensure that you gain from it. If any of the business tasks that you partake in have an effect on your clients, you need to make those the top of the list – these earn you money, remember!

Outsourcing can be overwhelming on a budget, but it doesn’t mean that it’s impossible. Look at the ways that you can layer your outsourcing and start with the small things.


About To Take Up a Trade? Check That You Have The Right Insurance

If you have finished all of your training and are about to step into the career path of a tradesmen, or perhaps just want to start learning a new trade, you may need to consider whether or not you have the right insurance to cover you if there are any potential accidents. Don’t take a risk and instead keep yourself out of harm’s way by finding the best insurance for you and your work.

Tradesman Insurance

If you are looking for the perfect insurance to suit your trade, you need to be able to find a no obligation insurance quote comparison for tradesmen, which will allow you to personalise your insurance so that it fully fits any vulnerabilities in your business model. When it comes to your work, your clients expect a high a standard, whether that is fixing or building parts of their home or even just working on a public community project.

However, what they underestimate is how hazardous working in this field truly is. With over 64,000 non-fatal injuries happening to trade workers each year in the UK, your policy must be tailored to suit your own needs. So be sure to go online to compare different quotes from your intended insurers. When you find one you approve of, then be sure to barter with them to see if you can gain more benefits or a cheaper cost. If you have a proven track record of keeping safe whilst on a job, then your insurer may choose to lower your insurance cost even further.

Liability Insurance Types

Whether you are a sole tradesman or work under a company, if you want to make sure that you are fully covered by your insurance, you should be looking into these three types of liability cover:

• Public Liability Insurance

This insurance is extremely useful if you are looking to protect your business from any potential claims that arise from accidental injuries that occur to a customer, or if a member of the public is in a future accident in connection with the work you undertook. Whether this is simply by slipping over your equipment or through a maintenance malfunction, this insurance can make sure that any claims against you can be taken care of without causing you a financial problem for you and your company.

• Employers’ Liability Insurance

This insurance is a legal requirement for any tradesman, due to UK law, and if you do not get it after you have started employing any additional tradesmen in your team, then you could be fined up to £2500 pounds per day. Employers Liability Insurance will protect you against any claims from your employees if they become injured or fall ill due to work. This can be onsite or off site, and even from your former employees.

• Professional Indemnity Insurance

Professional Liability Insurance will cover your business just in case your clients accuse you of damage or incorrect advice that has caused them to lose their money whilst investing in a new project. No matter what sort of accident happens, you should also keep an Accident Book to ensure that the same mistake.

Keeping Your Calm: 8 Key Principles to Keep in Mind When Dealing with Creditors

It happens to most consumers sooner or later. You fall behind in your credit card payments, You use one credit card to pay another card’s payment. Then, things start to snowball.

If you find yourself hitting the wall, you need to understand the position you’re facing. As Huffington Post says, “As a consumer, the most important thing you can do is to try to understand the debt collection process and know your rights.”

Check these 8 key principles in dealing with creditors:

  1. Keep track: It’s smart to keep a diary of all your interactions with the creditor. You should save emails and take notes on phone conversations. That includes the names of the contacts and numbers assigned to claims.
  2. Need to know: You have a right to know everything there is to know about your account. You can’t negotiate or discuss the collection issue if you don’t understand the starting point. A debt can be complicated with accumulating late fees and interest rates, you should know what’s at issue. You have the right to question the collector and request clarification of any term or process.
  3. Get it in writing: If you agree to anything, you have a right to see it in print. If you are working this out on the phone, you can request an email version before you sign anything. The collectors usually have standardized forms so you can insist they customize your forms to your name and deal.
  4. Take the lead: If your delinquency has reached the collection agency stage, you might take the lead in the negotiation. The collector wants a one-time, lump-sum payment. They are getting commissions on the amount collected so they will go for your gold. But, you can undercut them by offering 50 percent of the lump sum. Any creditor would rather agree to a repayment plan.
  5. Talk to the creditor: A collection agency will tell you to communicate with them only. However, you can still deal directly with the credit card company. They may be open to deals for compassionate reasons and hardship cases. They will come to solutions to reduce their obligation to their own collection agency.
  6. Stop the calls: Collectors must call after 8:00 am and before 9:00 pm. But, you also have the right to tell them to stop the calls altogether. So, it helps if you accept the calls sooner than later.
  7. Keep your cool: You should expect respect from creditors. But, they may respond in kind if you lose your temper. You should avoid the melodrama on your end, but if they are confrontational and angry, you can report them.
  8. Demand confidentiality: Collectors are prohibited from discussing your debt with your spouse, friends, and employer. They do have a right to order a garnishment on your incomes, but it takes a long process to reach that stage. Creditors prefer not to go that route because of the cost to them.

Getting out of trouble

You can start to get out of debt with an honest assessment of your problems. If you have maxed out a credit card or can’t meet the minimum monthly payment, you are in credit trouble.

These are signs it’s time to prioritize. The Houston Chronicle suggests taking inventory, “First, make a list of every debt you have, along with the interest rate and minimum payment. Then, list your income and expenses for each month to assess financial obligations.”

But, if you find you’re still over your head, it’s time to get professional help.