Hi there
I'm thinking of setting up a new business/service providing professional services and consultancy.
I want to test the waters for a while by trying to take on a few small local clients. I plan to start out on a sole trader basis (I'm already VAT registered, have an accountant etc).
The idea initially is that I’ll line up the clients and the work, and I hope to have someone working for me carrying out the actual services. My plan would be to invoice the client for work done, and the guy/gal working for me would invoice me in turn, so I imagine they will need to set themselves up as a sole trader or Ltd company?
My question is, what do I need to consider to cover myself?
i.e I presume I wouldn’t be obliged to provide any pension, PAYE, PRSI etc, entitlements for the person working for me?,
I presume I need to consider public liability and public indemnity insurance for myself and anyone providing services on my behalf?, we will be working on client sites. How would I research this, costs etc?
Would appreciate any help here, and other related items that I need to consider.
Thanks