There is a lot involved in running your own subcontracting business, and a very real risk that you will go broke. First, you need to deal with the initial business and legal set-ups, such as choosing the right business structure, choosing a business name, getting an ABN, along with organising licences and various insurance covers.
Next, you need to determine your functional needs, source the equipment required, and actually find work. While industry experience will definitely help you a lot here, you are still going to have to do some legwork to bring in new customers. Without customers and proper finance management, you may end up in a tight spot.
Let us guide you through becoming a subcontractor – from setting up the business to negotiating contracts and managing your finances. Once you’ve read our free guide, you’ll be well on your way to becoming your own boss!