Course description

This is an essential course for every freelancer – it will take you through everything you need to know to manage the business side of your freelance career.

 "Empowering - after 10 years as a freelance, I finally have an idea of how to run a business."       

Dealing with: types of self-employment, the main financial regulations you need to observe. By the end of the course, you will have a good grounding in the major financial aspects of freelancing and how to make the most of what you earn and manage losses and debt.

Included in the subsidized fee are simple downloadable accounting spreadsheets and access to follow-up individual advice through David Thomas Media. The course will be taught in straightforward language - no business-speak!  

Specifically you will cover: 

  • Taking control: set-up costs, where to find advice on money/debt management

  • The financial regulatory system - what you need to know as a freelancer

  • Accountants – do you need one, and how to get the best out of yours

  • Types of self-employment, sole trader, limited company etc

  • Separating personal and business finance

  • How tax works, National Insurance, VAT

  • Getting organized: sorting the paperwork, keeping track of contracts, insurance issues, professional invoicing

  • Your game plan: business planning

  • Forecasting and managing cash flow

By the end of the course you should have a firm grasp on the essential financial aspects of managing your business as a freelancer.

Learning Outcomes 

  • Have a greater understanding of the importance of business planning and cash flow forecasting, as well as issues surrounding tax and national insurance.

  • Receive handouts with tips and tools to organise your finances and accounts.

  • Gain a comprehensive understanding of the financial regulatory system

Who Should Attend?

New and existing freelancers and anyone considering a freelance career.

Cost: BECTU members £90; SMA members £115; non members £125

Dates 2019: 23 September, 19 November

Book and pay for your place HERE


The Vocation training course privacy notice can be downloaded here


This course is held at BECTU head office


This one-day course runs from 10.00am - 5.00pm with one hour for lunch (lunch not included).