Stefan Töpfer
CEO & Chairman of WinWeb
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I'm passionate about very small business, it's positive impact on personal lives and for local communities. Reducing small business failure is my aim and
that of WinWeb's services.







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Q & A: Can I be a sole-trader while still being employed?




Yes, you can, but you need to make sure that your employes knows about it. You may have a clause in your work-contract, that would require approval for your sole-trader activity. Even if you don’t have such a clause in your work contract, it would be the ethical thing to do to let your employer know.

Best of all, many of my current clients actually started out by having their employer give them the first order for their new business.

Remember small business is all about relationships, trust (even in this cynical world) and networking. ST.

Disclaimer: As with any of my readers questions, I do not have all the answers and here on my blog I can only give you some ideas, since I know very little about your small business. If any of you can add anything here do so for the benefit of my reader, who asked the question and everybody else, leave a comment below - I’d be most grateful.

« Q & A: I’m a Sole-Trader, how can I do my Accounts DIY ( Do-It-Yourself)?
Q & A: What Is A Sole Trader? »



This entry was posted on Thursday, October 18th, 2007 at 9:09 am and is filed under Question & Answer, Sole-Trader, start-up in business, Small Business / SOHO, Start-Up. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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2 Responses to “Q & A: Can I be a sole-trader while still being employed?”

  1. Hazel
    http://www.adsetsbusinessinfo.blogspot.com

    Said on October 18th, 2007 at 10:24 am

    Stefan
    I’d simply add that ensuring the appropriate tax authority knows what you are doing is “a good thing”. Not telling them is a sure-fire way to get into lots of trouble later.

  2. Stefan Töpfer
    http://www.winweb.com

    Said on October 18th, 2007 at 1:49 pm

    Good point Hazel,

    You need to pay tax on any money you make as a sole-trader. ST.

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