Hidden costs you’ll need to consider as a freelancer

Hidden Freelancing Costs

If you’re considering becoming a freelancer, regardless of the industry, there’s likely to be some hidden costs you might not have counted on when you first started out.

As a freelancer your overheads will be low. With no business premises and no employees, all you seem to have to pay out for initially are the fees that come with putting together a website (alongside some small marketing costs).

But what about the other potentially financially perilous situations you may not have considered?

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Cyber Liability Claims

Cyber Attack

When you think about cyber attacks, you probably think about the big data breaches. Snapchat. Equifax. The NHS. They might make the headlines, but in reality cyber criminals are targeting small and medium-sized businesses at a rapid clip.

Why? Smaller businesses are seen as easier targets, but they’re also often used as stepping stones to the larger organisations they invariably work with.

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Increase in Cyber Attacks Continues

Cyber Attacks

We’ve spoken about the prevalence of cyber attacks on these pages before. As we become ever more reliant on digital platforms, we leave ourselves more and more susceptible to the possibility of having our data breached.

Whether it’s a hallowed institution like the NHS or a corporate monolith like Snapchat seems to make little difference. The only prerequisite for becoming a target is inadequate protection and preparation.

We build our houses on firm foundations and plan our skyscrapers down to the final millimetre, but there are always flaws. The digital world, a superstructure of infinite proportions, is no different. As hard as we try there will always be a backdoor or an exploit somewhere waiting to be found.

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Bring your Dog to Work Day

Kingsbridge Puppy

The cartoonist Charles M. Schulz once said that “happiness is a warm puppy.” He wasn’t wrong. Multiple studies have proven that bringing a dog to work helps to significantly reduce stress. It can also increase employee satisfaction, improve morale, and promote an atmosphere of teamwork and communication. Most importantly, however, dogs are just really cute.

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Kingsbridge announces the appointment of James Twining as Group Chief Executive

Kingsbridge James Twining

Kingsbridge Group, the UK’s leading provider of specialist insurance services to contractors, freelancers and the recruitment and utilities industries, has appointed James Twining as its Group Chief Executive with immediate effect.

Most recently, James was Group Commercial Director of Jardine Lloyd Thompson plc (JLT), a role encompassing group strategy, M&A and marketing.  During his time there, James also acted as Chairman and Chief Executive of its former Thistle subsidiary.  James joined JLT in 2011 from McKinsey & Co. and was appointed to its main Board in 2012.

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Awards Season

Award Nominations

Although it might feel like it’s here already, it doesn’t officially become autumn until 22nd September. For us, it’s a time of year full of competition, ceremony and celebration. The vast majority of our industry awards take place between September and December, and we’ll be attending a few this time around.

Customers have always been the cornerstone of Kingsbridge, the strong foundation on which our business is built. Although we’re always delighted to pick up nominations for our business and the products we offer, it’s the nominations we receive for customer service that mean the most to us.

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4 must-know tips from seasoned freelancers

Freelancer Advice

If you’re new to freelancing or contracting and you’re after some advice from seasoned professionals then today’s your lucky day!

We recently took some time to gather a few of the best tips a new freelancer or contractor could possibly wish for.

We spoke to a number of contractors and freelancers who have all been there and done it. Read on for their advice.

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4 things no one tells you about becoming a freelancer

Freelancing Tips

Thinking of taking your career into your own hands? If you’re toying with the idea of becoming a contractor or freelancer, there are a few things that are useful to know before you start. Read on below and see if it’s still the career for you!

You actually don’t need much money to start

To start freelancing you don’t need a whole load of money, but you do need bags of passion and enough time to invest in your new business. Time has to be spent on building yourself a presence and being driven enough to submit proposal after proposal, even when you get knocked back time and time again. Passion certainly conquers all in this game and if you’re doing what you love, it’ll keep you interested and motivated to always do better.

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