Your most-asked start-up questions: answered by founders

Planning & preparing

Can I run contractors from day one?

Yes.

One of the biggest misconceptions in start-up recruitment planning is that you’ll have to fund contractors from your own cash.

love-for-money

There are plenty of invoice finance providers who will:

fund (pay) your contractors, and pay your margin upfront

manage timesheets and client approval

These services vary in scope/complexity, but will typically cost 1-3% of total invoice value.

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There are also ‘employer of record’ providers and umbrella companies who will:

provide an entity through which to compliantly employ contract workers, and

manage payroll and tax

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recruithub

Building a contract book?

RecruitHub has a pre-built network of funding and EOR providers (+ T&Cs) to enable you to run contractors from the start.

For more information,

get in touch⁠

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