I’ve contributed a small but clever tip to a new book, A Field Guide to Freelancer Finances, which is being published very soon by the Edinburgh-based accountancy software provider FreeAgent. I’ve been lucky enough to see a preview and it really is gorgeous.
When I started out as a freelancer nine years ago I found two things to be very frustrating:
- Accountancy and finance advice for n00bs was written on the presumption that your business had employees and payroll, and that you sold physical stock; accounting software worked on the same presumption.
- Accountancy and finance advice presumed you had an in-house accountant.
There was simply nothing for people like me, and so I spent my first year of freelancing bumbling along with Excel spreadsheets and even a paper ledger. Thankfully, along came FreeAgent, which was the software the self-employed had been crying out for.
A Field Guide to Freelancer Finances is the book that I wish I’d had when I had started up. It’s written for today’s digital economy, not yesterday’s factories.