when to start, warchest #4
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| If you don't have a signed contract in hand and wish to quit work before applying for a contract, you need to build up savings before hand - please refer to the warchest section for more details on that. | ||
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| In an ideal scenario, you should get your first contract from a personal connection, perhaps a past employee and not rely too much on the broaded job market. | ||
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I believe all of those things are covered below already. Any particular reason you want to repeat them in the intro?
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I think these snippets fall well into the category of useful things to know when just setting out. I wouldn't want to start a Ltd without knowing up-front how to set up remuneration and which entity owns which pot of cash. |
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I agree it may be useful to know, however with every new bit of information and ifs/else you add to the document you make it more difficult to read. I believe this may discourage and scare people from proceeding in setting up their business. Therefore I would like to only keep the essentials there. In my case I did not know anything about those things, but my Crunch accountant explained everything during the onboarding process. They also set me up with payroll and display clearly how much tax do I owe from day 1. That's why I think this is not essential until you start trading. If we were to cover all aspects and subtleties, I think the best thing to do would be creating separate documents in this directory for such topics and linking to them from the main doc, thus keeping the main doc simple and easy to read. |
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