Category: Business

How Much are Letting Agency Fees

1 February 2024

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8 mins read

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Renting out a property can be a lucrative venture, but for UK landlords, the path to profitability often involves engaging with letting agencies. While these agencies play a vital role in streamlining the rental process, it’s essential for landlords to approach letting agency fees wisely to avoid overpaying.

From understanding the percentage of rent letting agents typically charge landlords, to the most common types of fees, it’s important to know the intricacies of these financial practices. These also include the potential expenses associated with a full property management service.

As you look into the details of letting agency fees, you might wonder whether landlords can effectively manage their properties without external assistance. In an era following the tenancy fee ban, it’s also useful to know how regulatory changes have impacted the fees landlords pay, and how you can strategically reduce costs.

Whether you’re a longstanding or new landlord, we’ll help to deepen your understanding of letting agency fees and empower you to make informed decisions around your finances. In this guide, we’ll provide you with the insights needed to navigate the rental market successfully.

What are letting agency fees for landlords?

Letting agents may charge landlords various fees for specific services, in addition to a monthly commission. These charges can significantly impact the overall cost for landlords, so transparency in fee structures is crucial for informed decision-making. Landlords can request a comprehensive breakdown of all potential fees from the letting agent before entering into an agreement.

Some of the most common types of letting agent fees include:

Tenant referencing fees: Charged for checking the background and financial stability of potential tenants, such as conducting credit checks.
Inventory fees: Covering the cost of preparing an inventory and conducting check-in and check-out inspections.
Tenancy renewal fees: Applicable when renewing a tenancy agreement with existing tenants.
Administrative fees: Charged for administrative tasks such as preparing documents and handling paperwork.
Exit fees: Levied when tenants vacate the property to cover additional administrative and cleaning costs.

What percentage of rent do letting agents charge landlords?

Letting agents in the UK also typically charge landlords a percentage of the monthly rent as their fee for finding and securing tenants. The standard range for this fee is between 8% and 15%. This can vary based on the location, property type, and level of services provided by the letting agency. In prime or high-demand areas, agents might charge a higher percentage due to increased competition for rental properties.

This fee covers services such as advertising the property, conducting viewings and referencing potential tenants. If you want to work with a letting agent but their fee doesn’t align with your budget and expectations, landlords are often able to negotiate with them.

How much are letting agency fees for landlords?

The total cost of letting agency fees for landlords can vary widely based on the services required and the agent’s pricing structure. In addition to the percentage-based commission, the additional fees letting agencies charge landlords can range from £200 to £500 or more. Tenant referencing fees might be around £50 to £100 per tenant, while inventory services could cost between £100 and £200.

It’s advisable for landlords to carefully assess the services offered before making a decision. While fees are an important consideration, the overall value and quality of service should also play a significant role in the decision-making process.

How much does it cost for an agent to manage a rental property?

The cost for an agent to manage a rental property is typically an additional fee on top of the initial letting fee. Property management fees usually range from 10% to 15% of the monthly rent. This fee covers ongoing services such as rent collection, property inspections, handling maintenance issues, and managing communication between landlords and tenants.

Landlords who opt for property management services should consider the added convenience, peace of mind and time-saving benefits. While it increases the overall cost, having a professional manage the property can be valuable, especially for those with multiple properties or limited time to handle day-to-day management tasks.

What does a full property management service include?

A full property management service offered by letting agents involves comprehensive support throughout the tenancy period. This service might typically include:

Advertising and tenant placement: Finding suitable tenants through marketing and property viewings.
Tenant referencing: As mentioned earlier.
Tenancy agreement: Preparing and managing the tenancy agreement, ensuring legal compliance.
Rent collection: Handling monthly rent payments and chasing any arrears on behalf of the landlord.
Property inspections: Conducting regular inspections to ensure the property is well-maintained.
Maintenance coordination: Arranging and overseeing necessary repairs or maintenance work.
Emergency support: Providing assistance in case of emergencies or urgent tenant issues.
Void management: In periods between tenancies when the property is vacant, some letting agents may charge landlords for void management services, which involve tasks like securing the property and managing utilities during vacancy periods.
Deposit handling: Although the deposit is primarily for the tenant, some letting agents charge landlords for handling and securing the deposit, ensuring compliance with deposit protection schemes.
Legal and eviction services: If legal action or eviction proceedings become necessary, letting agents may charge fees for handling these complex and time-consuming processes on behalf of the landlord.
Insurance services: Letting agents might offer insurance products such as rent guarantee insurance or landlord’s insurance. In such cases, they could charge a fee for facilitating these services.
Marketing and advertising: Fees may be applied for marketing and advertising services to promote the property. This includes costs associated with online listings, photography, and promotional activities.
Utilities and council tax management: Some letting agents offer services to manage utility payments and council tax on behalf of the landlord, and they may charge fees for handling these administrative tasks.

Is a letting agent worth it?

The decision of whether a letting agent is worth it depends on various factors, including the landlord’s experience, time availability, and the number of properties they own.

They’re beneficial for landlords lacking experience in tenant selection, referencing, and the legal aspects of renting. At the same time, they’re also great for landlords who own multiple properties and need efficient management across a portfolio, with limited time to manage the property themselves.

How can you reduce letting agents’ fees?

It’s crucial for landlords to be proactive about securing a cost-effective agency, while ensuring that essential services are not compromised. You can try out these strategies to reduce letting agents’ fees:

Negotiate fees: Engage in negotiations with letting agents to agree on more favourable terms, especially if you have multiple properties you can work with them on.

Compare agents: Obtain quotes from multiple letting agents and compare their fee structures and services, to settle on the most cost-effective option.

Bundle services: Ask about discounts for bundling services, such as tenant referencing, inventory preparation, and property management.

Can landlords manage properties themselves?

Landlords do have the option of managing their properties themselves. Self-management allows landlords to retain control over various aspects of property management, including tenant selection, rent collection, and property maintenance. However, it requires a good understanding of landlord responsibilities, legal obligations, and effective communication skills.

Landlords opting for self-management should be prepared to invest time in learning and staying updated on relevant legislation. Using online resources, attending landlord workshops, and networking with other landlords can be valuable for those choosing to manage their properties independently.

For landlords who are experienced, have the time to handle responsibilities, and want to save on fees, self-management may be a viable option.

What was the ban on letting agency fees?

The ban on letting agency fees, introduced in England on 1st June 2019, aimed to make renting more affordable for tenants. The Tenant Fees Act prohibits letting agents and landlords from charging certain fees to tenants, such as fees for referencing, credit checks, and administrative tasks. The ban also capped security deposits at five weeks’ rent (or six weeks if the annual rent exceeds £50,000).

However, it’s important to note that are letting agencies are allowed to charge some fees, including holding deposits, rent in advance, and fees for changes to the tenancy requested by the tenant. Landlords and letting agents must comply with the regulations to avoid legal consequences and penalties. The ban on letting agency fees has significant implications for the cost structure of renting in the UK, impacting both landlords and tenants.

Get rent guarantee insurance with Protectivity

For protection against unpaid rent from tenants, you’ll need to invest in rent guarantee insurance.

Protectivity’s rent guarantee insurance includes up to £100,000 of cover for up to 24 months of unpaid rent, rent recovery, tenant eviction, property damage and more.

Find out more and get an online quote tailored to your needs.

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A Guide to Health and Safety for a Small Business

26 January 2024

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8 mins read

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As the number of small businesses grows every year, the commitment to health and safety is not just a legal necessity but a fundamental obligation to customers and teams. As regulations evolve and workplaces transform, ensuring a safe and secure environment becomes a paramount concern for business owners.

From the formulation of comprehensive policies to understanding certification requirements and the role of the Health and Safety Executive (HSE), we explore the vital components that contribute to a culture of safety and wellbeing in your workplace.

In this guide, we outline the essential steps, practical insights and guidance that small businesses in the UK need to know, to navigate the intricacies of health and safety compliance.

How to practise health and safety as a small business

Ensuring health and safety in a small business is crucial for the wellbeing of employees and compliance with regulations. Businesses manage health and safety through a combination of policies, risk assessments, employee training, regular inspections, emergency preparedness, compliance with regulations, and ongoing communication with employees.

Read more detail about the various elements of health and safety advice for small businesses.

Develop a health and safety policy

You’ll need a health and safety policy for your small business, outlining your commitment, procedures, and responsibilities around health and safety in the workplace. It is a legal requirement for small businesses to have a health and safety policy. The Health and Safety at Work Act 1974 places a duty on employers to ensure, as far as reasonably practicable, the health, safety, and welfare of their employees at work.

So what exactly is it? A health and safety policy is a key document that outlines how a business intends to meet this duty. The size and complexity of the policy may vary based on the individual business. However, having a written policy is a legal obligation for anyone with five or more employees, to demonstrate that you will meet health and safety standards. If you have fewer employees than this, it isn’t a legal requirement to write it down but it may be useful for you to refer to.

You should be able to find free health and safety policy templates for small businesses in the UK if you need guidance, within many online resources. However, the policy needs to cover these areas:

Part 1: Statement of intent – this is where you’ll detail your own commitment to health and safety, with information on your general policy. It will need to be signed and reviewed regularly by the employer or most senior person in a company.
Part 2: Responsibilities for health and safety – this part needs to include names, positions and duties of the business employees who are responsible for adhering to health and safety guidelines.
Part 3: Arrangements for health and safety – this is where you can outline the plans you’ve set in place to achieve the health and safety objectives in your policy, such as risk assessments and training.

Risk assessment

Small business owners must systematically identify and evaluate potential hazards within the workplace. This includes scrutinising physical, chemical, biological, ergonomic, and psychosocial factors. The process also extends to implementing effective mitigation measures, regularly reviewing and updating assessments to align with evolving workplace conditions.

Proactive risk management not only creates a safer working environment but also serves as a foundation for compliance with health and safety standards, safeguarding the wellbeing of employees and the overall integrity of the business.

Training

Just like any other business, small businesses with employees will benefit from delivering comprehensive training for effective health and safety. Educate teams on safety protocols, emergency procedures, and proper equipment use. Regularly update training so that it’s relevant to evolving risks and regulations. A well-trained workforce ensures awareness, and compliance, and contributes to a secure working environment.

Emergency preparations

Establish robust emergency preparedness in small businesses for effective health and safety. Develop clear evacuation plans, conduct drills, and ensure accessibility to first aid resources. Communicate emergency procedures to employees, for the best chance of a swift and coordinated response. Prioritising preparedness safeguards lives and minimises risks during unforeseen events.

Personal protective equipment (PPE)

Personal protective equipment (PPE) is vital for health and safety in many small businesses. It plays a crucial role in injury prevention and employee protection. Assess workplace risks to understand the type you’ll need, before providing appropriate PPE. This could include gloves, masks, and helmets. Regularly train employees on PPE protocols and proper usage, for a secure environment and compliance with safety standards.

Regular inspections

Regular inspections are vital for small businesses practising health and safety. Conduct systematic checks to identify and mitigate potential hazards. Inspect equipment, facilities, and work processes to make sure they’re all compliant, creating a safer workplace. Proactive inspections contribute to risk reduction, regulatory adherence, and the overall welfare of employees.

Health and safety committee

If you have a team, you might like to create a committee to involve employees in the decision-making process regarding health and safety. Create a health and safety for small business checklist and share it with everyone, or develop it together. This ensures that the whole team are informed on how to support the business in maintaining the required standards.

Record keeping

Effective record-keeping is integral to practising health and safety in a small business. Maintain detailed records of risk assessments, safety training, and regular inspections. Document incidents, near-misses, and corrective actions taken. This information not only ensures compliance with regulations but also aids in identifying trends and areas for improvement.

Accurate record-keeping demonstrates your commitment to health and safety protocols, facilitates the tracking of employee training and equipment maintenance, and is invaluable in the event of audits or inspections. Regularly review and update records to reflect changes in the workplace, for a proactive approach to maintaining a safe and secure working environment.

Enlist professional support

Health and safety consultants for small businesses can offer you invaluable support. You may wish to invest in professional help from someone who specialises in guiding organisations through regulatory compliance, risk assessments, and policy development. They’ll tailor their expertise to the unique needs of small enterprises, so that they can give you practical solutions to enhance workplace safety and adhere to legal standards.

From conducting thorough safety audits to offering employee training, these consultants play a pivotal role in helping you create a secure working environment. By collaborating with them, you can navigate complex regulations efficiently, mitigate risks, and put employees and customers first. It can be a worthwhile business expense for the benefits to your business reputation, as well as the time and stress it saves you in running your company safely.

Does my business need a health and safety certificate?

In the UK, small businesses typically do not require a specific health and safety certificate. As discussed above, the focus is on the need for small businesses to assess their operations, identify potential risks, and implement measures to ensure compliance.

While there isn’t a universal certificate, certain industries or activities might necessitate specific certifications. Consultation with regulatory authorities and professional advice can clarify whether any industry-specific certifications or registrations are mandatory for your company.

Do I need to register my business with HSE?

In the UK, not all businesses are required to register with the Health and Safety Executive (HSE). Registration is generally not mandatory for most low-risk businesses. However, you are still obligated to ensure health and safety compliance. If your business involves higher-risk activities or falls within certain industries (e.g., construction, manufacturing, or hazardous materials), you may need to register with the HSE.

It’s recommended to use the HSE’s online tool or contact them directly to determine your specific obligations. Keep in mind that even if registration is not mandatory, compliance with health and safety regulations outlined by the HSE is essential for all businesses in the UK.

Get small business insurance with Protectivity

When it comes to mitigating financial risks and protecting your business against unexpected events, having the right insurance is crucial. It gives you coverage for property damage, liability claims, legal expenses, and employee-related risks. Running a small business can be unpredictable enough, so you can enjoy more peace of mind if you protect yourself against accidents or lawsuits, which can threaten the financial stability of a small business. This ensures that your company can recover and continue operations in the face of adversity, for a resilience that instils confidence among any stakeholders and safeguards your investment.

Protectivity’s small business insurance offers you a safety net, with up to £5 million worth of public liability and up to £10 million worth of employers’ liability to choose from. You can also opt for a products liability insurance extension, or optional commercial legal protection.

Read more and get an online quote tailored to your needs. If you need any support, our team are on hand to answer your questions.

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Benefits of Sports Massage

11 January 2024

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8 mins read

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In the world of sports and physical fitness, achieving peak athleticism requires more than just rigorous training and a disciplined routine. It demands a holistic approach to your wellbeing, which is where a sports massage benefits your performance greatly. This dynamic therapeutic technique goes beyond the sole benefits of relaxation, giving a variety of advantages to anyone engaging in regular physical activity.

From enhanced circulation and increased flexibility to stress reduction and accelerated recovery, the science behind sports massage shows how it can become an integral component of your training regimen.

In this comprehensive guide on the benefits of sports massage, we aim to shed light on the transformative power of this treatment, which is far more than just an occasional self-care activity.

Key benefits of sports massage

Here are some of the main benefits of a sports massage for different areas of your body and mind.

Improved circulation

Better circulation is one of the key benefits derived from sports massage. As this therapeutic technique employs various hands-on techniques and movements to target muscles and soft tissues, it stimulates blood flow throughout the body.

The massage strokes, ranging from effleurage (long, light strokes) to petrissage (deep pressure on specific muscles and tissue), create a vasodilation effect. This means they expand blood vessels and enhance blood circulation. As a result, more oxygen and vital nutrients are efficiently delivered to the muscles, supporting their function and aiding in the removal of metabolic waste products.

This increased circulation has several positive effects on the body. Firstly, it promotes faster muscle recovery after strenuous physical activity by reducing the buildup of lactic acid and other metabolic byproducts. Additionally, improved circulation plays a crucial role in preventing muscle soreness and stiffness.

Beyond muscle-related benefits, enhanced blood flow contributes to better overall cardiovascular health. It can lower blood pressure, improve the efficiency of the cardiovascular system, and positively impact the circulatory and respiratory systems.

Muscle flexibility and range of motion

Sports massage plays a pivotal role in enhancing muscle flexibility and improving your overall range of motion. The targeted manipulations and stretches address muscle tension and promote suppleness. As the masseuse works to release knots within muscles, those muscles see increased elasticity. Additionally, specific stretching techniques employed during sports massage help lengthen muscles and improve their flexibility.

As a result of these interventions, anyone doing regular physical activity experiences improved range of motion. The increased flexibility contributes to better joint mobility and allows muscles to move through their full range, reducing the risk of strains and injuries during physical exertion.

The benefits of enhanced muscle flexibility and improved range of motion extend beyond the immediate post-massage period. Regular sports massage sessions can contribute to the prevention of muscle imbalances and the development of more efficient movement patterns, promoting long-term flexibility and mobility.

Injury prevention and rehabilitation

If you’ve experienced musculoskeletal issues, sports massage is a powerful tool for both preventing injuries and aiding in the rehabilitation process. This is because the most important sports massage benefits are around maintaining the overall health of muscles and soft tissues, helping to identify and address any muscular imbalances. This can contribute to the prevention of injuries. By promoting a more balanced musculature, the risk of overuse or strain on specific areas is reduced.

Whether used proactively to prevent injuries or as part of a rehabilitation plan, sports massage complements other therapeutic methods by promoting faster recovery and minimising the risk of recurring issues. Anyone recovering from injuries, whether an athlete or recreational sports player, can benefit from the targeted approach of sports massage to ensure optimal musculoskeletal health.

Sports massage aids in the rehabilitation process by promoting blood flow to injured areas, and facilitating the delivery of nutrients and oxygen essential for healing. This can also reduce the risk of injury before any has occurred. Through specific massage techniques, the formation of scar tissue can be minimised, contributing to improved tissue flexibility and functionality during the recovery process.

Stress reduction

Sports massage can have a profound impact on stress reduction, extending its benefits beyond physical improvements to include mental and emotional aspects too. Here’s how sports massage contributes to stress relief:

Activation of the relaxation response – Sports massage techniques stimulate the parasympathetic nervous system. This activation triggers the body’s relaxation response, leading to a reduction in stress hormones like cortisol. As a result, the overall stress levels in the body decrease.
Muscle tension release – Stress often manifests physically as muscle tension. Sports massage targets specific muscle groups, releasing knots and tightness. This physical release contributes to an immediate sense of relaxation and can alleviate chronic muscle tension associated with stress.
Improved sleep quality – Stress can interfere with sleep patterns. Sports massage promotes relaxation, helping you achieve a more restful sleep. The release of tension and the calming effect on the nervous system induced by the massage contribute to better sleep quality.
Mood enhancement – The release of endorphins during sports massage contributes to an improved mood. Endorphins are natural mood enhancers, and their release during the massage creates a sense of wellbeing and relaxation, countering the effects of stress.
Mind-body connection – Sports massage emphasises the connection between the mind and body. By promoting awareness of bodily sensations and encouraging mental focus on the present moment, massage helps you release mental stressors and achieve a state of mindfulness.

Lactic acid reduction and muscle recovery

Sports massage plays a crucial role in lactic acid reduction and muscle recovery, with a focused approach that alleviates the aftermath of intense physical activity. Here’s how sports massage benefits you in this way:

Lymphatic drainage – The massage techniques employed assist in lymphatic drainage, helping to eliminate waste products such as lactic acid from the muscles. This process accelerates the body’s natural ability to clear metabolic byproducts that accumulate during strenuous exercise.

Reduction of muscle soreness – Lactic acid accumulation is often associated with muscle discomfort and fatigue. Sports massage helps alleviate sore muscles by reducing the concentration of lactic acid in the muscles.
Prevention of delayed onset muscle soreness (DOMS) – Delayed onset muscle soreness, often caused by microscopic damage to muscle fibres during exercise, can be mitigated by sports massage. By addressing tension and promoting efficient waste product removal, the massage aids in preventing or minimising the severity of DOMS.
Faster recovery time – The combination of increased blood flow, lymphatic drainage, and alleviated muscle soreness leads to quicker recovery for athletes. Sports massage enables you to bounce back more quickly from intense training sessions or competitions.

Common questions

Here we’ve answered some commonly asked questions about sports massage benefits.

What is the best time to get a sports massage?

Here are the optimum times to book a treatment for to enjoy the benefits of sports massage:

Before exercise – Light, dynamic massage can be performed as part of a warm-up routine to prepare muscles for activity.

After exercise – As mentioned earlier, deeper, more therapeutic massage helps in recovery by reducing muscle pain and aiding in the removal of waste products.

Regular intervals – Periodic sessions during training phases to address muscular imbalances, prevent injuries, and promote overall wellbeing.

How often should you get a sports massage?

The frequency of your treatment depends on your own health needs, training intensity, and goals. Athletes in heavy training may benefit from weekly sessions, while others may find monthly maintenance sufficient.

What happens to your body after a sports massage?

As we’ve highlighted, sports massage induces a cascade of positive effects, promoting both physical and mental health. The specific responses can vary in everyone, but the overall outcome is a body that feels more relaxed, flexible, and prepared for optimal performance. After a sports massage, several physiological and psychological changes occur in the body, contributing to improved wellbeing and physical performance.

To summarise the sports massage benefits discussed in this article, here’s an overview of what typically happens to your body right after a treatment:

Reduced muscle stiffness
Lymphatic drainage
Release of endorphins
Stress reduction
Improved muscle recovery
Increased body awareness
Temporary slight fatigue

Get sports massage insurance with Protectivity

Sports massage insurance is essential for practitioners to safeguard against potential liabilities and financial risks inherent in the field. As massage therapists work in dynamic environments with active people, the likelihood of accidents or injuries increases. Insurance provides crucial coverage, protecting you from legal claims and financial losses resulting from unforeseen events during sessions. It’s a necessary investment that gives everyone peace of mind, promoting a secure and professional environment for both you and your clients.

Protectivity’s sports massage insurance ensures that you can focus on delivering quality care without the constant worry of potential legal and financial repercussions. Choose from public liability between £1 million and £5 million, optional equipment cover, professional indemnity, employers’ liability, personal accident cover and more.

Find out more and get a quote online.

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Winter Business Ideas

9 January 2024

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8 mins read

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With the start of the new year, you may be looking into business ideas for the winter season. This time of year is a popular time for change, as new resolutions are made and current job satisfaction may be a little low.

There are many customer problems you can look to solve in order to build a company that thrives, resulting in a solid income stream as you offer a genuinely valuable service. From personal training to specialist catering, the possibilities within different industries are more varied than you might realise. All it takes is a little original thinking and research.

In this article, we’ll explore some of the best UK winter business ideas and look into some considerations before you start.

What to consider when creating winter business ideas

Starting a winter business can be a rewarding venture, but it comes with its own set of challenges and considerations. Here are key factors to keep in mind when launching a business made for the colder months.

Understand seasonal demand

Before diving into a winter business, thoroughly research and understand the seasonal demand in your target market. Identify the specific needs and preferences of consumers during the winter months. Consider whether your chosen niche experiences a surge in demand during the colder season, and analyse the potential competition.

What are good business ideas for winter?

Winter business ideas are everywhere once you start looking. You could look at tried-and-tested ideas and get in on mainstream trends or commonly in-demand services, to give people something practical that stands a good chance of being profitable. If you’re more of an innovator and want to set yourself apart, you can think beyond conventional money-making ideas that serve a crowded market.

Here is a selection of winter business ideas that generally do well in the UK.

Personal Training & Fitness

Winter often marks the beginning of the new year, a time when individuals are motivated to make positive changes in their lives, including adopting healthier habits. This creates a prime opportunity for personal trainers to tap into the market of people seeking to fulfil their New Year’s resolutions and get in shape. Furthermore, starting a personal trainer business in winter allows for ample time to build a client base and establish a strong presence before the peak fitness season in spring and summer.

Home maintenance services

The winter season often prompts homeowners to prepare their properties for the colder months. Offering services such as gutter cleaning, roof inspections, and window sealing can help businesses thrive during this time. You can educate potential customers about why these services are essential for protecting homes from winter weather, showing the value of your work.

Winter clothing retail

With dropping temperatures comes the inevitable increased demand for warmer clothes. Your business could focus on stylish and functional winter wear, with designs for men, women, children or a combination of everything. Your collections might range from fashionable coats and boots to cosy accessories like scarves and gloves.

You could either design your own products or source them from wholesalers. If you want to appeal to the increasing consumer market who prefer to shop from eco-friendly brands, you could use only sustainable materials and work with suppliers who use ethical practices.

Health and wellness services

Winter often brings with it seasonal illnesses such as colds and flu, making health and wellness services more relevant than ever. Businesses offering immune-boosting products, wellness retreats, or virtual fitness classes for indoor workouts can capture the attention of health-conscious consumers.

You can help to grow your brand by positioning yourself as an authority on health and wellbeing, speaking out about physical or mental health (or both). You could start a blog for your website, appear on podcasts or start your own, interviewing guests who work in the industry or speaking on your own. There’s also lots of potential for informative content on social media. For example, you could create a regular video series talking about current trends and hot topics.

Winter landscaping

You might associate garden landscaping with spring and summer. However, winter landscaping services can include designing and decorating outdoor spaces with festive lighting and decorations. This can appeal to homeowners looking to create a winter wonderland in their outdoor spaces.

Snow removal services

Depending on your location or how far you’d like to travel, you could provide snow removal services in regions where snowfall is common. This can be a lucrative venture in areas such as the North Pennines and Scottish Highlands, which usually see snow on around 50 to 70 days each year. Catering to both residential and commercial clients, this business can ensure safe and accessible pathways during snowy days.

Hot beverage retailer

Another small business that works well in the UK is a hot drinks vendor. Setting up a small kiosk or operating a mobile van, serving warming and seasonal beverages, can be a profitable venture in busy areas. Offer a variety of drinks and treats to attract customers, in locations such as national parks and Christmas fairs.

Winter pet care services

Pet owners may find it challenging to give their furry friends the exercise they need during the colder months. Offer pet services such as winter dog walking, pet sitting, or boarding to help pets stay active, happy and spoiled with lots of attention. Take a look at some dog business ideas for inspiration.

Winter photography services

Capitalise on the picturesque landscapes or captured festive moments that this time of year brings, by offering photography services. This can include family portraits, engagement shoots, or snapping the beauty of winter scenes for commercial use. There are plenty of opportunities for a range of different audiences, so you could market your services to both private clients and businesses.

Winter sports equipment rental

If you’re in an area with access to winter sports destinations, consider starting a business that rents out skiing, snowboarding, or ice skating equipment. Target both tourists and locals looking to enjoy winter sports without the commitment of purchasing gear.

Winter vehicle maintenance

With winter comes challenging driving conditions, so you could specialise in helping to ensure safe and reliable transportation during the colder months. Start a business that focuses on winterising vehicles, offering services such as tire changes, antifreeze checks, and overall vehicle inspections.

Winter caravan/camper rental

Cater to the adventurous spirit by offering winter caravan or camper rentals. Provide equipped vehicles that allow customers to experience winter getaways comfortably, whether it’s for a weekend retreat or a longer holiday.

Indoor plant sales and maintenance

Bring a touch of greenery to homes during the winter by starting a business that sells and nurtures indoor plants. Offer a variety of plants that thrive in indoor conditions; you could also provide maintenance services to keep them healthy.

Catering Services

People are often seeking convenient solutions to cater events without the stress of cooking during the winter period. Events such as winter weddings and parties are still popular especially for alternative food truck catering services. The colder weather can also provide an opportunity to create more hearty, comforting food such as pies, casseroles, curries to name a few.

Ice sculpture services

Offer a unique and visually striking service by creating custom ice sculptures for events, weddings, or corporate gatherings. This kind of business can cater to a niche market looking for elegant and bespoke winter decorations.

Get small business insurance with Protectivity

When you’re founding your own venture, there are a range of considerations to make in order to boost your chances of success. While you’ll want to get off to the best start in attracting your customers and bringing in a profit as soon as possible, you’ll also need to plan for the long-term. That means putting things into place such as investing in the right business insurance.

Protectivity’s small business insurance has been created to offer protection against any claims that may arise from customers or employees. Whether you’re looking for Personal Trainer Insurance, Therapist Insurance, Catering Insurance or Pet Business Insurance there are a range of options including public liability cover as standard. You can also opt for employers’ liability, if you have employ staff as well as a selection of optional extras to tailor to your requirements.

Find out more and get a quote tailored to your needs. If you need any support, our team are on hand to help.

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Sole Traders: Key Dates in 2024

4 January 2024

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8 mins read

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As attentions turn to 2024 and the new calendar year, UK sole traders find themselves at the intersection of opportunity and responsibility in the world of business. It isn’t always easy to stay ahead of key dates, including tax deadlines, cut-off dates for payments, and public holidays. To thrive as a small business, however, it’s essential. That’s why staying on top of deadlines is key for sole traders to successfully manage professional responsibilities.

This comprehensive guide aims to empower sole traders with the essential information you need to navigate the financial year effectively. From critical submission dates to strategic planning milestones, we detail the key dates that will shape your business throughout 2024.

In this guide, we look at key dates in 2024 for sole traders.

Key dates in the sole trader business calendar

Remember to stay informed about any changes in tax laws, attend to your year-end obligations, and plan ahead for self-assessment tax return submissions. Regularly check with HM Revenue and Customs (HMRC) or seek advice from a financial professional to make sure you meet tax regulations and meet all your filing and payment requirements.

Note that specific dates may vary based on your location and tax jurisdiction. Here’s an outline of the key dates to know as a sole trader.

January

Monday 1st: New Year’s Day (Public Holiday)

Wednesday 31st: Deadline for submitting the previous tax year’s self-assessment tax return

March

Friday 29th: Good Friday

April

Monday 1st: Easter Monday

Friday 5th: End of the UK tax year

Saturday 6th: Start of the new UK tax year

Friday 19th: The Full Payment Summary and Employer payment summary is due to be completed for the tax year ending 5th April 2023, with any tax or NIC due to be paid.

Tuesday 30th: Deadline for filing personal income tax returns

May

Monday 6th: Early May bank holiday

Monday 27th: Spring Bank Holiday

Friday 31st: Give employees their P60 forms by today

June

Sunday 30th: Deadline for filing your VAT return, if you use the VAT Annual Accounting Scheme

July

Friday 5th: PAYE Settlement Agreements are due to be paid

Friday 19th: Paper submissions of Class 1A National Insurance contributions are due to HMRC (21st for digital versions)

Wednesday 31st: Second payment due for self-assessment tax bill

August

Sunday 26th: Summer bank holiday

September

No specific tax deadlines, but a good time for financial planning and record-keeping

December

Wednesday 25th: Christmas Day (Public Holiday)

Tuesday 31st: New Year’s Eve

What are the tax year dates for 2023-24 in the UK?

In 2023-24, the tax year runs from 6th April 2023 to 5th April 2024. This specific timeframe, also known as the financial or fiscal year, is established by HMRC (Her Majesty’s Revenue and Customs) to govern the assessment and collection of taxes. The choice of these specific dates is rooted in historical calendar adjustments that were made to align the tax year with the old Julian calendar.

The tax year is crucial for sole traders as it determines the period over which income, gains, and allowances are considered for tax purposes. It also influences the timing of various tax-related activities, such as filing self-assessment tax returns and making payments to HMRC.

Understanding the tax year’s boundaries is essential for accurate financial planning, record-keeping, and compliance with tax obligations. As the tax year draws to a close, people and businesses can finalise their financial affairs and prepare for the upcoming tax year’s obligations.

PAYE deadlines for payroll system

If you run a payroll system for your employees in the UK, you’re responsible for meeting various deadlines related to reporting and payment of taxes and National Insurance contributions.

It’s important to note that failure to meet these deadlines may result in penalties or interest charges. Additionally, be aware that these deadlines are subject to change, and it’s advisable to check with HMRC or consult with a payroll professional to ensure compliance with the latest regulations.

Here are some key deadlines for sole traders who are employers in the UK.

Monthly deadlines

Before or on the 5th of each month, you’ll need to submit full payment submission (FPS) to HMRC, reporting details of employees’ pay and deductions for the previous tax month.

By the 19th of each month (or 22nd if paying electronically), you’ll have to pay PAYE (Pay As You Earn) taxes and National Insurance contributions to HMRC for the previous month.

Quarterly deadlines

By 5th July, October, January, and April, you’ll have to submit your Employer Payment Summary (EPS) to HMRC if you didn’t pay any employees in a tax month.

Year-end deadlines

By 19th April, you should submit your final FPS for the tax year.

By 31st May, you’ll need to provide employees with a P60 form, summarising their total pay and deductions for the tax year.

By 6th July, you have to report expenses and benefits provided to employees in the previous tax year.

What are the sole trader changes for 2024?

There are new rules when it comes to taxing sole trader profits, which are due to come into effect in this next new tax year. Starting in April 2024, certain self-employed individuals (sole traders) and partnerships will experience a change in how their profits are taxed, with calculations now aligning with the tax year instead of their accounting year.

This shift is a result of the introduction of new rules known as ‘basis period reform.’ Under these rules, all profits from self-employment and partnerships will be subject to taxation based on the tax year. The transitional year for this change is 2023/24, during which specific rules have been established to facilitate a smooth transition for relevant businesses. These transitional measures aimed to ensure that all businesses affected by the basis period reform were prepared to adopt the tax year basis effectively from 6th April 2024.

If your accounting period concludes between 31st March and 5th April, inclusive, there is some flexibility in the regulations. You can continue reporting profits as usual, as these rules consider any accounting period ending on these specific dates as aligning with the tax year. Nonetheless, it’s important to note that you might still be impacted by basis period reform if you have unused overlap relief.

What are the changes in HMRC 2024?

In addition to the basis period reform changes, there are further changes coming into effect for 2026/27, which some sole traders can start getting prepared for. If you earn over £50,000, you’ll no longer need to complete a Self Assessment return in two years’ time. Instead, you’ll need to comply with new Making Tax Digital for Income Tax rules (MTD for ITSA).

This will be done through a digital system, with the need to periodically report your earnings to HMRC at least once a quarter, rather than once a year. You’ll also have to provide an End of Period Statement (EOPS) at the end of each January, along with a final declaration. It’s all designed to give you better insights into your business finances. The good news is that you’ll know ahead of time exactly how much you’ll need to set aside for tax at the end of the tax year.

You can start preparing for these changes in 2024, by doing away with paper and using software for your accounting if you don’t already, so that you have online records of all your finance details. It will also be a requirement of the new Making Tax Digital system to record all of your business expenditures digitally, so you can get into the habit of taking photos or scans of your receipts, inserting them into your accounting software.

Get small business insurance with Protectivity

The last thing you need when trying to make a success of your small business is for anything to go wrong. However, unexpected events are bound to happen from time to time, which is all part and parcel of providing a service to the public. This is why investing in the right insurance is a good idea for your peace of mind and ability to focus on moving your company forward.

Protectivity offers a range small business insurance cover options, from up to £5 million worth of public liability for third-party claims, to up to £10 million worth of employers’ liability, if you have a team working for you. Whether you’re an artisan looking for Crafters Insurance, a a decorating contractor needing Painters & Decorators Insurance, a private chef who requires Catering Insurance we can cover a variety of requirements and many more professions.

Find out more and get an online quote to suit your business needs.

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Finding Clients as a Freelance Make-Up Artist

26 December 2023

•

8 mins read

Contributors

My main focus is managing the blog and product content for the Protectivity website ensuring everything aligns wi...

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In the ever-evolving beauty industry, the role of a makeup artist extends far beyond the application of cosmetics. If you’re establishing a brand in this field, balancing your creative talents with good business skills is crucial to make it a success.

If you want to know how to get more clients for your beauty business, there are a range of strategies you can follow. Growing your customer base involves consistent and genuine engagement with your audience, both online and offline, as well as building a strong brand and providing excellent customer service that will enhance your business reputation.

In this guide, we look at how to get more makeup clients, from navigating the intricacies of the industry to valuable insights on skill diversification, as well as effective marketing and client acquisition.

Skill diversification

Diversifying your skills is essential for a successful makeup artist business. It not only broadens your professional capabilities but also positions you as a well-rounded expert capable of meeting the diverse needs of the beauty industry.

Here are several other reasons why skill diversification is crucial for a successful makeup artist business.

Versatility and adaptability

Diversifying your skills allows you to cater to a broader range of clients and occasions. Whether it’s bridal makeup, special effects for film or television, or high-fashion editorial work, being versatile makes you more adaptable to different demands within the industry.

Expanded client base

By offering a variety of services, you can attract clients with different needs and preferences. This expands your potential client base and increases the likelihood of securing bookings for various projects.

Competitive edge

In a competitive industry, having a diverse skill set sets you apart from other makeup artists. Clients often seek artists who can bring a unique touch or specialise in specific areas, giving you a competitive edge in the market.

Maximising opportunities

Different projects and opportunities may require different skills. For instance, a film or theatre production may demand special effects makeup, while a bridal client may require expertise in long-lasting and natural-looking makeup. Skill diversification means you can take opportunities that present themselves to you, by being well-equipped for a variety of projects and people.

Professional development

Continuous learning and skill diversification contribute to your professional development. Staying updated on the latest trends and techniques not only enhances your abilities but also demonstrates to clients that you are committed to excellence in your craft.

Increased income potential

Offering a broader range of services can lead to increased income potential. A makeup artist who can handle various projects may find more opportunities for work, leading to a more stable and lucrative business.

Building a strong portfolio

A diverse portfolio showcases your talent and versatility. This can attract a wider audience and make you more appealing to clients looking for a makeup artist with a well-rounded skill set.

Client retention and referrals

Satisfied clients are more likely to return for different services if they know you can meet various makeup needs. Additionally, they may refer you to others, increasing your client base through positive word of mouth.

Marketing strategies

Marketing is a highly important area to focus on when researching how to get clients for your makeup business. Effective marketing will help to amplify your visibility and attract clients in a competitive industry. It builds brand recognition, establishes credibility, and engages potential customers through various channels and touchpoints.

Marketing also allows you to showcase your unique style as a makeup artist, establish your brand image, gain positive reviews, and create a compelling online presence. Strategic marketing not only drives client acquisition but also helps to build the foundations for long-term relationships, turning satisfied customers into loyal advocates.

Here are a variety of marketing strategies you can try.

Create an online presence

Build a professional website showcasing your portfolio, services, and contact information. Utilise social media platforms like Instagram, Pinterest, and Facebook to share your work and engage with potential clients.

Optimise your website for search engines using SEO strategies, to increase its visibility. This includes using relevant keywords, creating valuable content, and obtaining backlinks.

Client testimonials

Request feedback from satisfied clients and feature their testimonials on your website and social media. Positive reviews build trust and credibility.

Collaborate with Influencers

Partner with local influencers or bloggers for make-up collaborations, so that they’ll talk about you to their followers. This can significantly expand your reach and introduce your services to a broader audience.

Networking

Attend local events, bridal fairs, and networking gatherings to connect with potential clients and other professionals in the beauty industry.

Client attraction

Here are a few ways you can directly attract clients and get them to choose your offering over competitors:

Offer promotions – Provide limited-time promotions or discounts for first-time clients. This can incentivise people to try your services.
Referral programmes – Implement a referral programme where existing clients receive incentives for referring new clients. Word of mouth is a powerful tool in the beauty industry.
Online booking system – Implement an easy-to-use online booking system. Many clients appreciate the convenience of scheduling appointments online.

Finding clients

Here are a variety of ways you can locate people who may be interested in your work and get more clients for your beauty business.

Local partnerships

Collaborate with local salons, spas, or bridal shops. Establishing partnerships can lead to referrals and cross-promotional opportunities.

Freelance platforms

Join freelance platforms like Upwork, Freelancer, or Thumbtack. Create a compelling profile and actively bid on relevant make-up projects.

Community engagement

Engage with local communities through workshops, charity events, or volunteer work. This not only helps you give back but also increases your visibility.

How to get bridal makeup clients

If you want to get specific and attract bridal makeup clients, this is a highly lucrative area to work in. Bridal makeup is also a niche market with unique demands, so the tactics for how to get makeup clients in this field are slightly different. This means it’s essential to employ a targeted approach. By implementing a comprehensive strategy that combines online presence, partnerships, and personalised offerings, you can successfully attract bridal makeup clients and make a lasting impression on their special day.

Here’s how you can effectively reach and resonate with potential bridal clients.

Build an impressive portfolio

Showcase a diverse range of bridal looks in your portfolio, demonstrating your ability to create both traditional and contemporary styles. Include high-quality images that highlight your attention to detail and skill.

Create a bridal-specific website section

Dedicate a section of your website exclusively to bridal makeup. Provide details about your bridal packages, include testimonials from satisfied brides, and showcase before-and-after photos to demonstrate your abilities.

Make use of social media

Leverage platforms like Instagram and Pinterest to share your bridal makeup work. Use relevant hashtags, engage with bridal content, and create visually appealing posts. You could run targeted ads to reach brides-to-be in your local area.

Encouraging satisfied clients to share their experiences through social media is a fantastic way to build your profile and get word-of-mouth recommendations from user-generated content.

Collaborate with wedding vendors

Establish partnerships with local wedding businesses such as bridal shops, photographers, and wedding planners. Networking within the wedding industry can lead to referrals and collaborative opportunities.

Offer bridal packages and promotions

Develop attractive bridal packages that cater to different budgets and preferences. You can offer promotions for brides who book both bridal and bridal party makeup, creating added value for your services.

Engage in bridal shows and fairs

Participate in bridal shows and fairs in your area. This allows you to directly connect with brides, showcase your work, and distribute promotional materials. Be prepared to offer consultations or demonstrations at these events.

Optimise local SEO

Ensure that your website is optimised for local search engine results. This includes using location-specific keywords and claiming your business on Google My Business. Brides often search for local makeup artists, so being easily discoverable is crucial.

Build relationships with wedding planners

Establish relationships with wedding planners who can recommend your services to their clients. Wedding planners often play a pivotal role in helping brides assemble their dream team of vendors.

Get make-up artist insurance from Protectivity

Building a business is an exciting challenge on its own and the road isn’t always straightforward, so it’s a good idea to have insurance in place to protect you against unforeseen events. This gives you peace of mind and reassures clients that you are a highly professional business.

Protectivity’s make-up artist insurance offers various cover options. Choose from public liability, products liability, equipment and stock, personal accident and legal expenses. If you employ team members, you can also opt for employers’ liability.

Find out more and get a quote online. If you need any support, our team can answer your questions.

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How to Get Started as a Handyman

7 December 2023

•

12 mins read

Contributors

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If you have strong practical skills and are good with people, a career as a handyman (also referred to as a handyperson), could be for you. You can enjoy independence in your professional life, as well as variety in your work environments and the people you meet. Handymen work in settings such as people’s homes, workplaces, schools, hospitals or other public buildings.

The entry route to becoming a handyman is fairly straightforward, with the potential for a good income if you grow your entrepreneurial abilities and continue building your business. By gaining plenty of hands-on experience and continuously expanding your skills, you can enjoy a fulfilling career.

In this guide, we’ll explore how to become a handyman, covering qualifications, responsibilities, potential earnings and progression opportunities.

How in demand are handymen?

Research in the last few years has shown that handymen work an average of 10 hours per day to fulfil the high demand for work. The demand for handymen in the UK can be influenced by various factors such as economic conditions, population growth, and the housing market. The demand for specific services may vary based on location.

In today’s busy lifestyle DIY tasks are often outsourced with people having a lack of time or inclination to focus on them – that’s where a handyman can come in.

Main clients

With no shortage of work available, starting up might be sounding good, but knowing who your customers are will help to promote your services. These are a selection of your clientele.

Homeowners

Around a third of the UK population own their own homes, and homeowners often require maintenance and repair work.

Many properties in the UK are older and may require regular maintenance and renovations, creating a steady demand for handyman services.

Busy lifestyles

Households with multiple full-time workers often have the need to hire handymen for tasks they don’t have the time or expertise to handle.

DIY limitations:

While DIY is popular, some tasks are beyond the skill level or time constraints of homeowners, prompting them to seek professional help.

Landlords

Around a fifth of the UK are private renters. Landlords and property managers often require maintenance and repairs for rental properties, contributing to the demand for handymen.

Home improvement trends

Homeowners investing in home improvements and renovations contribute to the demand for skilled professionals.

Qualifications and experience

Unlike many professions, becoming a handyman doesn’t require a formal education. However, gaining relevant qualifications and offering particular services can enhance your skills and marketability. Consider specialising and pursuing courses in carpentry, plumbing, electrical work, and general maintenance.

Vocational qualifications, such as a City and Guilds diploma in Maintenance Operations or Construction Skills Certification Scheme (CSCS) cards, may be required depending on your job, which you can add to your CV to boost your credibility.

Hands-on experience is the most crucial element to bringing in a steady amount of work. Apprenticeships, volunteering schemes, or assisting an experienced handyman can give you valuable insights and help you refine your skills.

What does a handyperson do?

Here are some of the typical responsibilities you can expect to carry out as a handyman.

Minor repairs and maintenance

You can expect to handle a range of general practical tasks as part of your day-to-day. You might be fixing leaky taps, repairing broken doors or installing shelves. You could also be putting up curtain rails, fitting smoke alarms or assembling furniture.

Plumbing and electrical work

Basic plumbing repairs fall within a handyman’s scope too. These could include unblocking sinks or dealing with leaks. Simple electrical tasks, such as fixing small appliances and installing thermostats and doorbells, can also be part of your duties.

More complex issues will likely fall under the remit of professionals, who are more specialised in these areas.

Painting and decorating

Handymen also carry out basic painting and decorating tasks. You might be working on areas such as walls, window frames, furniture and doors. These could be inside or outside buildings.

Roofing

Another area you can offer services in is roofing. This could include cleaning up, repairing or repainting roofs, on the interior and exterior, as well as applying insulation, replacing any fixtures and improving structural components.

Gardening work

You can also base your services outside of the home, with this kind of work particularly in demand over the spring and summer months. Handymen services in the garden can include mowing grass, erecting and painting sheds, clearing out debris and jet-washing driveways.

Tiling and flooring

Installing or repairing tiles and flooring is a common responsibility too. This kind of work may involve measuring floor spaces, applying adhesive, cutting, laying and sealing tiles and other flooring materials.

Window fitting

You could base your business around installing or fixing windows, replacing panels and frames, and attending to smashed glass.

Customer service

If you work for yourself, interacting with clients, understanding their needs, and providing excellent customer service are essential aspects of the job. This could mean answering emails and calls, outreaching for new clients over the phone or online, or making door-to-door sales calls.

Required skills for a handyman

Becoming a handyman requires a diverse set of skills to effectively address the varied tasks and challenges involved. By honing these skills, you can increase your chances of success by providing a quality service.

The best way to learn these skills is to work closely with other tradesman or take a course to improve your knowledge.

If you want to know how to become a handyman, read more about the most important skills you’ll need.

Technical skills

The practical and technical skills you may need include:

Carpentry – A proficiency in woodworking for tasks like furniture repair, door installation, and building shelves.

Plumbing – Basic knowledge of plumbing systems to fix leaks, install faucets, and address common plumbing issues.

Electrical work – Understanding of basic electrical systems for tasks such as installing light fixtures, outlets, and switches.

Painting and decorating – Skill in painting walls, ceilings, and trim, as well as basic knowledge of decorating techniques.

Problem-solving skills

It will greatly benefit you to be able to apply analytical thinking and to be able to quickly identify practical solutions to problems. You’ll also need to be adaptable, being able to apply yourself to various different tasks and unexpected challenges on the job.

Communication and interpersonal skills

Strong communication skills will help you to understand your customer’s requirements, explain your work processes and negotiate contracts. A customer-centric approach is essential, as you’ll need to make sure they’re satisfied with your work. Happy clients are key to building a strong reputation, encouraging word-of-mouth recommendations and securing good reviews.

You’ll need to work well in a team too. Whether you work for someone else and divide your daily duties with colleagues, or you manage people and have responsibility for others’ livelihoods, it’s critical that you can talk to teams, managers or employees effectively, pass on instructions and feedback, and hear what others have to say.

You may also regularly interact with suppliers, fellow industry professionals and other third parties. You’ll need to cultivate good working relationships with people from all walks of life, at all levels of seniority.

Manual dexterity

Hand-eye coordination is highly important. You’ll need precise control and coordination for tasks such as using tools, handling materials, and performing intricate work.

Organisation and time management

You should be able to plan and prioritise tasks efficiently to complete jobs within deadlines, which is one of the most important parts of your job. If you can carry out good work in a shorter timeframe than other professionals, this can give you an edge over competitors. It can allow you to increase your prices as you become more efficient over time. You could also give the option for a shorter turnaround at a higher fee.

Effective time management skills will also help you to handle multiple tasks in different locations when you are balancing projects for a range of different clients.

Physical fitness

Strength and stamina are also an important asset in this work. The job can be physically demanding, so being in good physical condition is important for tasks that involve lifting, carrying, and working in various positions.

Attention to detail

Precision is everything when it comes to making clients happy. Paying attention to detail ensures that your work is completed to a high standard and meets customer expectations. One minor lapse in concentration, or a failure to check over your work, could be the difference between a good review and a bad one, or even a refusal to pay.

Knowledge of tools and equipment

Tool proficiency is important too. You’ll need to be familiar with a variety of tools and equipment used for different tasks, from basic hand tools to power tools.

You’ll need to have the right kit to be a handyman, so make sure you have a reliable set of tools, ladders, protective clothing and, ideally, a van. Depending on the work you do, you may require and need to be comfortable using painting supplies, electric drills, spirit levels, circular saws and tape measures. You can protect your tools with our specialist tools insurance for tradespeople.

Safety awareness

Health and safety is paramount as a handyman. You’ll have to adhere to safety regulations and protocols at all times, to prevent accidents and injuries on the job. This isn’t only for your own protection, but that of your clients and anyone you employ. This also means protecting yourself financially with the right insurance, in case an incident occurs and a lawsuit is brought against you.

Business skills (if self-employed)

Entrepreneurial skills are highly valuable, especially if you work for yourself and want to grow your business. Understanding basic business principles, including budgeting, pricing, and marketing, is essential for self-employment.

If you do go self-employed, you’ll need to register with HMRC and make sure you file and pay your taxes before each annual deadline.

Progression opportunities

You can either start out as a handyman working for a construction company in a team, or working for yourself. However you enter the industry, over time you can start to develop your services and reputation to for more financial and job security.

Here are a few ways you can progress as a handyperson:

Specialisation – As you gain experience, you can choose to specialise in certain areas such as plumbing, electrical work, or carpentry, expanding your expertise and potential income.

Entrepreneurship – Experienced handypeople often start their own businesses, offering a wider range of services and managing a team.

Further education – You could opt to take up additional training in specific trades, enhancing your qualifications and marketability. Acquiring relevant qualifications will help you to market yourself and set yourself apart from the competition.

Networking – Building a strong professional network can help you secure partnerships, collaborations, and a greater number of job opportunities.

Earning potential of a handyman

Handyperson earnings can vary based on experience, location, and the services you offer. However, the average salary is between £19,000 and £42,000. As you grow your experience and portfolio, you can expect to earn at the higher end of the scale.

The average self-employed handyman hourly rate in the UK is around £30, though many have a minimum call-out fee to make the job worth their while. Specialised skills or emergency call-outs may command higher rates.

When you start out, the hourly rate will usually be lower. If you work for yourself, it’s up to you to increase your income over time and bring in your worth as your career develops.

Starting out as a handyman

Starting a handyman business can be a rewarding and profitable venture, but it’s important to get the basics right. This 10-point checklist covers the key steps to help you set up, stay legal, and grow your business successfully.

Learn the Trade – Gain experience in basic skills like plumbing, carpentry, painting, and electrics. Online courses or apprenticeships can help.
Get Certified – While not always required, having qualifications (e.g., NVQ in maintenance operations) can boost credibility.
Register as Self-Employed – Notify HMRC if you’re working for yourself to stay legal and handle tax properly.
Get Insurance – Public liability insurance protects you in case of accidents or damage.
Invest in Tools & Transport – A reliable van and quality tools are essential for professional work.
Set Your Rates – Research local handyman rates to price your services competitively.
Market Yourself – Use social media, local directories, and business cards to attract customers.
Join Trade Platforms – Websites like Checkatrade, Rated People, or MyBuilder can help you find work.
Network & Get Reviews – Word-of-mouth and positive customer feedback are key to growing your business.
Stay Legal & Organised – Keep records of income, expenses, and jobs for tax purposes.

Get Tradesman Insurance with Protectivity

Being a handyman comes with certain hazards, as with any trade. Starting a company also has elements of risk, as you navigate finances, build a customer base, try to deliver good work and establish your reputation. Therefore, protecting your business is important if you want to make a success of it.

Protectivity’s tradesman insurance has been created to help protect your handyman business from typical risks you might face. Our policies include public liability up to £5 million as standard; you then have the option to add Contractor Works cover, Plant and Tools cover, financial loss and employee tools (only if you’ve included the other benefits). You can also insure your tools from as little as £8.98 a month with our new tools insurance offering.

Find out more about our liability insurance for tradesman get an instant quote designed for your needs. If you need any help, our experienced team are on hand to help.

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15:55:04 GMT • 29 January 2025

Christmas Craft Ideas to Sell

5 December 2023

•

8 mins read

Contributors

My main focus is managing the blog and product content for the Protectivity website ensuring everything aligns wi...

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If you’re looking to make extra money or diversify your business around the festive season, why not make or stock Christmas crafts to sell? Whether you offer them at fairs, online or in an existing store, it can be both profitable and fun to help people gift their loved ones or fill their homes with the warmth and charm of Christmas. Whether you’re an experienced artisan or dipping your toe into getting crafty, there’s undoubtedly always a market for Yuletide creations.

Once you’ve decided to share and spread joy through your creativity, you’ll want to settle on your niche or narrow down your products. If you’ve been to Christmas markets or fairs before, you’ll know there are many different things you can sell, aimed at a range of demographics. Whether you specialise in cards, woodwork, ornaments, or other festive crafts, you can tap into different audiences on various platforms and channels, for a successful seasonal business.

In this article, we’ll explore some of the best Christmas craft ideas to sell, with advice on current trends and how to approach the festive market.

Is it better to source or make Christmas crafts to sell?

Before you do anything, you’ll need to decide whether to source existing products or make Christmas crafts to sell. This depends on various factors, including your skills, resources, and business goals. Designing and producing your own crafts gives you the option of making unique, personalised products that reflect your creativity. This can set you apart in the market and build a brand identity. However, it will require time, effort, and a certain level of proficiency in craftsmanship. Aside from the business benefits, it’s also, of course, about whether you enjoy the making in and of itself.

The benefit of sourcing existing crafts is that it lets you be more efficient with your time. You can offer a bigger range of products and have more hours in the day for other aspects of your business, such as marketing. This is a good option if you lack specific crafting skills, while also giving you the opportunity to bulk price collections, potentially increasing profit margins.

Research market demand, competition, and your target audience. Handcrafted items often appeal to consumers seeking one-of-a-kind pieces, while sourced goods might cater to those looking for convenience and variety.

You might want to go for a hybrid approach, crafting signature pieces while supplementing your offering with sourced items. Striking this balance lets you increase your product range and appeal to a broader customer base, maximising your potential in the market. Regularly assessing customer preferences and market trends will guide your strategy for long-term success.

What crafts can I make and sell for Christmas?

There are numerous Christmas crafts you can make and sell, catering to a wide range of tastes and preferences. The popularity of different items can vary from year to year. Anything personalised can add a touch more emotional connection and make people feel special.

Here are some ideas for Christmas crafts to sell at craft fairs, in stores or on online marketplaces.

Homemade Christmas cards

If you want something straightforward to produce yourself, cards are easy Christmas crafts to make and sell. Handcrafted Christmas cards are timeless yet still elevate this long-held tradition, with the huge rise of digital designs in recent years. This means unique and personalised designs offer a nostalgic point of difference.

Consider using traditional festive symbols or incorporating popular Christmas themes. Experiment with different techniques such as embossing, calligraphy, or incorporating small ornaments into the card design. Start early to ensure you have enough stock for the rush. Selling customisable options lets people add a personal touch.

Wooden ornaments

Woodwork crafts add a rustic, charming touch to tree decorations or rooms in the home. If you’re planning to make and sell wooden Christmas crafts, you could include classic holiday shapes like stars, snowflakes, reindeer or Christmas trees. Alternatively, you might want to sell gifts that can be used throughout the year, such as jewellery boxes and planters.

If you’re environmentally minded, give some thought to using or sourcing reclaimed wood for an eco-friendly twist. Whatever materials you opt for, they can be set apart with intricate details, painting or wood burning. Bundle your ornaments into themed sets to encourage customers to purchase multiple pieces, or personalise them with names and dates for a sentimental touch. Crafters’ platforms like Etsy are great for these kinds of products.

Festive wreaths

Wreaths are a staple in Christmas decor, so beautifully crafted designs help to set people’s homes apart for everyone to see. Experiment with different materials such as pine cones, berries, and ribbons. Offer a variety of sizes and styles to cater to different tastes.

You could also host wreath-making workshops to engage with your local community. Create a strong online presence through social media and a dedicated website to showcase your designs, while remembering traditional marketing to reach people offline, such as posters in local shops or cafes.

Personalised stockings

Add a personal touch to another Christmas tradition by creating bespoke, handmade stockings. Experiment with different fabrics, textures, and embellishments. Personalised stockings with names or monograms to make them extra special.

Offer a range of sizes and designs aimed at different preferences and age groups. You could also collaborate with local retailers or online marketplaces to expand your reach. You can sell stockings in sets with other festive items, such as candles to put around them on the mantlepiece, for a complete holiday package.

Candles and scented crafts

People love to bring evocative seasonal scents into their homes. Help them create that cosy Christmas ambience that’s so coveted this time of year, with handmade candles and scented crafts. Experiment with festive scents like cinnamon, pine, or gingerbread. Package candles in Christmas-themed containers, or create decorative wax melts for a unique twist.

There’s also the option to create gift sets with coordinating scents and candle sizes. Invest in striking packaging to elevate your products.

For inspiration on starting a candle making business read our short guide.

What are good craft show ideas?

Consumer tastes are ever-evolving, so you’ll have the best chance of success if you latch onto current ideas that bear the modern market in mind. Stay informed on emerging trends and tailor your craft range accordingly.

This year, you might want to consider something that falls within these areas:

Sustainable crafts: Give purpose to your brand identity by creating sustainable crafts that minimise environmental impact. Emphasise eco-friendly, recycled materials and practices in your designs, reducing waste and educating people on how to protect the planet. An ever-increasing percentage of customers specifically seek out globally conscious retailers, so it makes good business sense. From upcycled ornaments to reusable wrapping paper, your creations can inspire others to embrace a more sustainable approach to holiday celebrations.
Interactive workshops: Take your craft show experience a step further by offering live demonstrations or workshops, to engage attendees in hands-on creativity. From personalised ornament crafting to holiday wreath making, these workshops create an energised atmosphere, letting you connect with your audience. Sparking creativity and making lasting memories of your craft show booth provides an immersive experience that goes beyond shopping.
Tech-integrated crafts: Transform traditional crafts with a tech-savvy twist by embracing augmented reality (AR), LED lights, or interactive elements. Seamlessly integrating technology into your creations gives a modern and innovative take on classic designs. From illuminated ornaments to interactive digital displays, captivate audiences with crafts that bridge the gap between tradition and cutting-edge technology.
Personalised experiences: Allow buyers to customise their products, so they can take away something bespoke. You can let them do this in person at a fair, show or in-store. Alternatively, you can give people the option to go away and personalise items online after selecting their purchase from you, so that they have extra time to create something they love.
Collaborative exhibits: Partner with other crafters for joint displays or interactive projects. Create a dynamic craft show experience by fostering collaboration with other artisans. Collaborative exhibits bring together diverse talents, resulting in interactive and visually stunning displays. From joint workshops to shared projects, these exhibits encourage a sense of community, providing attendees with a unique and enriching artistic experience that transcends individual creations.

Get Crafters Insurance with Protectivity

One of the core considerations of any commerce business should be getting the right insurance. It’s no different when it comes to crafts, as you’ll want to protect yourself and your products for professional longevity.

Protectivity’s Crafters Insurance is designed to give protection from customer or third-party claims, with Product Liability Insurance for the event of accidental damage to someone else. You can also opt for Craft Fair Insurance, specifically created for stallholders.

Find out more and get an instant quote tailored to the needs of your business. Get in touch if you have any queries at all.

Get Crafters Insurance from Protectivity

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How to Start a Painter and Decorator Business?

30 November 2023

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11 mins read

Contributors

My main focus is managing the blog and product content for the Protectivity website ensuring everything aligns wi...

Get painters and decorators insurance from Protectivity

Starting a painter and decorator business can be a rewarding venture if you have the skills and passion. It requires time and effort, but there are plenty of opportunities out there to bring in work if you remain committed. You can enjoy the freedom and flexibility of being your own boss and get to flex your creative skills, while meeting a wide range of people.

If you love the idea of running your own company, setting your own schedule and the variety of constantly changing working environments, the profession certainly gives you all of this. You’ll need to take a sustained approach to building a client base and reputation, as patience and consistency are key. Of course, it all starts with offering a high-quality service. However, there’s so much more to building a successful business that will give you an attractive income.

In this guide, we’ll talk you through how to become a painter and decorator, with advice on the kind of money you could earn and ways to eventually grow your business.

Do painters and decorators make good money?

Painters and decorators can earn a good living from their trade. You can work on ways to increase your earnings over time. For example, you could research the most profitable areas to specialise in, charge higher rates with experience, and focus only on your local area to keep travel costs down.

It’s well worth knowing what kind of income you could make from your profession before you decide how to market your business and how you’ll source customers. If you’re wondering how much self-employed painters and decorators earn, you can consult government resources and trade websites for a good indication.

However, as a rough guide, sole traders can earn around £37 an hour, £296 a day, or £54,576 a year, on average. This increases if you set up a limited company, to an average of around £48 an hour, £384 a day, or £70,802 a year; factor in the additional costs from this figure, such as corporation tax. If you employ staff, your outgoings will also include their wages.

Build your business with a methodical approach

Here is a step-by-step guide to how to start painting and decorating for a living. If you already work in this profession for an existing company, you can follow these tips to find out how to set up on your own.

Review your current skills and qualifications

You don’t need to be qualified to be a painter and decorator, but you will need to demonstrate your experience. The first thing you’ll want to do is make sure you have the necessary skills and knowledge in painting and decorating.

If you don’t have any past work under your belt yet, consider taking courses or gaining experience through apprenticeships. Maybe you could take on work for an established painter and decorator before you become self-employed, to give you some stability of income and learn from someone else as you hone your talents.

Decide what kind of services you will offer

Knowing your strengths is key. You can either choose to do more of the type of jobs you love, find out what is likely to be most profitable for you, or understand what type of jobs are most likely to be available in your area.

Here are some examples of painting and decorating services you can specialise in:

Basic painting
Painting with effects (e.g. marbling)
Traditional finishes
Wallpapering (including other materials such as vinyl)
Minor repairs
Carpentry
Tiling
Flooring

Decide who your ideal customer will be

There are a range of ways you can approach this, so you don’t have to rely on guesswork to find out the best way to secure a steady stream of work. Once you know what you’ll offer, you can research your ideal customer base and assess your competition.

Will you offer your services to commercial or residential clients? What type of buildings have the most potential to bring you business and a healthy fee? Find out how many other people are offering those services, and look at what kind of buildings are in your area. If you focus on working in your own region, you can develop a strong local reputation.

Create a solid business plan

A well-thought-out business plan is essential. It will give you a clearer understanding of how you will approach building a company and securing work, while helping you secure financing if needed. At the very minimum, it should outline the following:

Your short-term and long-term business goals
Associated costs, e.g. any requirement investment, training, vehicle, materials and tools
Your specific services
Your target market
Your pricing strategy
A marketing plan outline
Financial projections

Register your business correctly

When establishing what you need to be a self-employed painter and decorator, registering your business is one of the most important first steps. Ascertain the appropriate legal structure for your business (either a sole trader or limited company) and register it with the government. Obtain any required permits or licenses for your area. There are advantages and disadvantages to both, but when starting out it may be more likely that you’ll meet the requirements of a sole trading company.

As a sole trader, you’ll be able to keep everything you earn after tax. You can register as a limited company when your income is over a certain threshold, which could give you more credibility. Some bigger clients may only do business with limited companies.

Invest in the right equipment and supplies

Purchase the necessary painting and decorating equipment and supplies. This includes brushes, rollers, ladders, drop cloths, paint, and wallpaper. Aim to invest more in items where the materials need to be high-quality, which will help you deliver a professional service. For anything that can be bought at a lower price without compromising the results, make sure you shop around for the best value.

Determine your pricing and how you want to be paid

Be intentional with how you will price your services. You can do your research to find out how much others charge, but also consider factors such as the cost of materials, labour, overheads, and your desired profit margin. Use your business plan projection as a guide, looking at how much you’ll need to earn each month in order to meet your desired annual income. Decide on payment terms and methods, including whether you will require upfront deposits.

Start marketing your business online and offline

Develop a detailed marketing strategy that will help you to attract clients through various channels. At the very least, you should create a professional website, set up social media profiles, create business cards and flyers, and network with local real estate agents, builders, and interior designers. Find out what networking events are in your area, and join local and national business federations which encourage referrals between members.

Continously add to your portfolio

Showcase your work through a portfolio of completed projects, which can sit on a dedicated page within your website. You could also post regular updates on sites such as LinkedIn and Facebook to keep people informed on your latest work, encourage conversation about your services and generate enquiries.

Include before-and-after photos to demonstrate your skills and the quality of your work. This portfolio will be a valuable tool when meeting potential clients, as they can easily see what you do rather than taking your word for it.

Familiarise yourself with estimating and bidding

Learn how to provide estimates for projects. This is a useful alternative to giving quotes, as they can’t be changed if the work ends up taking longer or incurring unexpected costs. This can leave you out of pocket and doesn’t establish you as a professional who’s being paid what they deserve, which can diminish the respect people have for your business.

Be transparent with clients about the scope of work, costs, and timelines. Providing detailed and competitive bids can help you win contracts.

Create a reliable template for client contracts

Always have a written contract in place before starting any project. The contract should outline the scope of work, timelines, payment terms, and any other relevant details. This helps protect both you and your clients, giving you both a clear vision of what to expect and what the finished outcome will look like.

Contracts serve the purpose of letting clients know exactly what they’re getting in return for their investment and minimising the chance of any disputes around payments or delivery dates further down the line.

Create a thorough accounting system

Set up a system to manage your finances, including tracking income and expenses, invoicing clients, and paying taxes. Consider hiring an accountant if you need support in this area. If you have the know-how and confidence to take care of your own finances, you can use accounting software to help you stay organised. Read our blog on Accounting tips for small businesses.

Develop your knowledge of safety and regulations

Make sure you are highly knowledgeable about safety regulations and best practices in your industry. Anyone you hire will also need to know these inside out, in order to follow guidelines and prevent accidents. You’ll need to comply with workplace health and safety regulations, as well as exercising fire safety. Pay attention to areas such as the use of equipment, protective clothing, and processes for reporting accidents.

Always provide high-quality customer service

Never underestimate the importance of excellent customer service for your reputation. Satisfied customers are more likely to give you good reviews, which you should always ask for as standard practice. Ask on completion of the work whether they’d be willing to give you a positive review, and include it in your follow-up emails. You could even offer future discounts in exchange for reviews.

People like to get recommendations for painters and decorators, so if you’ve built trust with customers and impressed them with your quality of work, they’ll talk about you and refer you to anyone and everyone, from friends to family and colleagues. Securing repeat customers should also be a priority when it comes to your business strategy, so the happier clients are, the more likely they’ll return to you for future projects.

Grow your business when the time is right

Your marketing plan should incorporate ways to keep scaling your business, so that you can increase your earnings year on year and become an established name in your sector. Once you’re bringing in a steady stream of work and developing a good reputation, you may get more word-of-mouth referrals, but it pays to avoid complacency. As you experiment with new ways to bring in work, you’ll increase the likelihood of scalability, rather than simply aiming for consistent work.

As you start to increase the scale of your work, you can take on additional painters or decorators. Expanding your team means you’re well-resourced to take on bigger projects, which you could charge higher fees for, and reach out to a greater number of potential customers.

Get Painter and Decorator Insurance with Protectivity

Running a professional painting and decorating company needn’t be made more difficult by worrying about claims against your business. While you focus on doing great work that keeps clients happy, liability insurance gives you reassuring financial support in the event that third parties take you to court, employees become poorly or have an accident while working.

Whether someone suffers an injury, illness or damage to property, Protectivity’s Painter and Decorator Insurance gives you a range of options for protecting your reputation and finances, with your chosen limit. Our Public Liability option protects you in the event you are sued by clients or members of the public, while Employers’ Liability includes claims from staff and subcontractors. You can also protect your tools and equipment with our new tools insurance offering.

Our insurance for tradesman is trusted by thousands. Our helpful team are on hand to support you with any queries.

Get Painters and Decorators Insurance from Protectivity

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