skip to navigationskip to main content
Accountants Cowley Holmes Chartered Accountants Excellence award
Business accountants SME tax Accountants in Bedfordshire Best accountants in Bedford

Self-Employed or Starting a Small Business?

Wednesday July 2016

Did you know that almost one in seven people in the UK are self-employed?

Approximately 13,500 businesses employ 0 to 49 employees and accounted for nearly 98% of the total number of businesses in 2014. This is an increase of 35% in the number of small and micro businesses since 2009.

So why start a micro business or become self-employed?

The benefits of a micro business or becoming self-employed include:

  • Flexible working hours
  • Ability to choose your work
  • Developing a relationship with customers who you want to work with
  • Ability to respond quickly to opportunities
  • Making a greater impact

However there are drawbacks which include:

  • No sick pay, holiday pay or redundancy pay
  • Little or no support, training, no back up if you can’t
  • Not a 9 to 5 job – it’s 24 hours a day
  • No company contribution to a pension
  • What if I can’t get paid on time?

Micro-businesses and self-employed people need assistance and if you are starting up or feeling the pressure get in touch with us as we will be able to support you.

Social Sharing and Bookmarks:

Click here to see how easy it is to switch to Cowley Holmes

FREE Consultation

Worth £200 for Free Call us on
01234 355300 or click on the button below

Click Here

Fixed Fee Quote

Call us on
01234 355300 or click on the button below

Click Here

Sign up to our Tax &
Business Tips Newsletter

Ask an
Accountant a Question

Click Here

Become a Client

To find out 8 great reasons why you should get a quote.

Click Here

Claim your FREE Essential Guide to Understanding your accounts