Week 7: Business structures and other practicalities
Last week you focused on the potential costs of setting up your creative freelance idea and the financial investment or fundraising opportunities that might be available to support you. This week you’ll look at some of the practical issues involved in setting up and running a business, including the steps you need to take to register either as a sole trader or limited company, some of the other options you could consider, and practicalities such as pricing and invoicing.
First, watch this video of our freelance creatives sharing their views on what type of company to set up.
By the end of this week you should be able to:
- understand the range of formal structures available to you in setting up your business
- identify appropriate insurances and protections for your business or project idea
- approach practical issues, such as invoicing, with greater awareness.
You’ll start by looking at a broad overview of the structural options.