If you are a self-employed tradesperson or business owner in the UK, no doubt there will come a time when you need an extra pair of hands to complete a job. The question is, though, will they be a full-time employee, apprentice or a subcontractor? This question will throw up a few different answers regarding insurance and the legal points you must adhere to their contract, how you pay them, what rights they have and so on.
Having Public Liability Insurance can ensure your business is protected in case of any claims, legal fees or other associated costs with injuring a customer or damaging their property. Let's find out why it is beneficial for your business now.
Let's imagine you've been a qualified tradesman or woman on the tools for a couple of years. Things are going well. You have regular work and find that more and more people are ringing you up for jobs. Sadly, you keep having to turn away business because you don't physically have the time to get to them. Ta-dah… maybe it's time to consider a trade apprentice to give you some assistance.
When approaching your trade, whether that's choosing which area to go into, where and who to train with and whether or not you will go it alone will require some thought. That's why we are here today, to offer up some legal considerations to keep in mind whilst you are on your journey to trade superstardom.
That's why Rhino is here to help today. To lay the groundwork, the best way to help manage and grow your business is to branch out and hire the right people to help you along the way. Namely, a tradesman accountant to get your finances in order and save you the headache of invoices, VAT receipts, expenses, and other stuff.
When approaching your trade, whether that's choosing which area to go into, where and who to train with and whether or not you will go it alone will require some thought. That's why we are here today, to offer up some legal considerations to keep in mind whilst you are on your journey to trade superstardom.
Just imagine the scenario. You are a newly qualified, self-employed tradesman or woman. You are beginning to build up clients and get called out for jobs when you suddenly realise that you haven't got the right trade insurance. After a quick Google, you realise Public Liability Insurance is the absolute bare necessity to keep yourself and your business covered.
There are hundreds of trades you could choose from, which means there are a whole host of things you aren't prepared for when working in the trades. Going through an apprenticeship and serving your time is one thing, but knowing these finer details really puts the icing on the cake when deciding whether to learn a trade or not.
There are certain unwritten rules when it comes to working in the trades. You'll most likely eat a full English at least a couple of times a week, take pride in your work, have jokes and banter on-site, and ultimately, come across a variety of characters, especially ones with different colloquialisms!
Tool theft in the UK hasn't just appeared. It's reared its ugly head since the dawn of time when the first hammer and nail were forged. Tradesmen and women all across the UK will know of someone (maybe even themselves) who has suffered due to some selfish individual who has stolen their vital pieces of kit.
It’s basically summer in the UK. The weather has been absolutely banging! But what with the days lasting longer we were wondering what to get up to on an evening. That’s why we wanted to offer something different today, some decent ideas for unwinding after a hard day's graft. Let’s go!
Understanding tools insurance should be easy. Here at Rhino Trade Insurance, we provide thousands of UK tradesmen with top cover for their tools.
Employers Liability Insurance covers you if you hire any employees and is applicable to both sole traders and limited companies. It also is a requirement if you hire subcontractors who don’t hold their own cover. Subbies that hold their own cover are referred to as ‘bona fide’ and will have their own levels of insurance in place.
We are definitely in a bullish market when it comes to people wanting to 'get back to good old-fashioned jobs' and become a tradesman. It's as popular as we've ever known it. What with a skills shortage, opportunities knocking, and a general want to get out into the world and work, different trades are flying at the moment. So we thought that we would give you a little overview on how to price the jobs you are quoting for in your respective tr...
Having Public Liability Insurance as a tradesperson in the UK is absolutely vital. Not only is it a major commodity for any trade business, it really puts the icing on the cake of presenting yourself as a fully professional tradie.
If you wonder whether being a tradie is for you or what the benefits include, you've come to the right place. In this day and age of the digital world, having a quality, skilled trade under your belt can help to forge a long and fruitful career. There are so many brilliant reasons why being a tradesman or woman is a good idea. Not only will you have a long career, but you'll also find:
Have you been thinking about whether or not you need Contractors All Risks Insurance as a tradesman or woman? Not sure what it covers, how much it costs, or where to start? This guide will answer all of your nagging questions. The team at Rhino Trade Insurance have an abundance of experience in this area and have tailormade policies for a variety of trades ready to be explained.
Going into business with your family may seem like an easy route and it can seem like an excuse to skip much of the paperwork that goes into running a business, but there are certain duties and responsibilities that business owners must adhere to even when employing members of their family that are often overlooked.
Trade Insurance can quickly become a minefield. Insurance jargon, terms and conditions and different levels of cover can all turn you off quite quickly. Let's look at the differences between Public Liability Insurance and Contractors All Risk Insurance and break these policies down into something more accessible and concise. What are both insurance policies for? What are the main differences? And do we really need just one or the other, or can...
Let's paint a little picture for you of what a Subcontractor is. The company is called Big Dave's Building Services, and the owner is one David Smith. Now Big Dave has a whole host of work going on and clients waiting in line for his services. He employs a couple of young lads to help manage the workload - They are with him full-time. Big Dave also needs the services of other trades for his projects. They are called Subcontractors, and once th...
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