Navigated to S1E03 - A journey into the world of Umbrella Companies

S1E03 - A journey into the world of Umbrella Companies

Nov 20, 2020
31 mins

Episode Description

We once thought about setting up an Umbrella Company. So James decided to find out exactly what's involved. 

In this episode, James shares his journey into the eye-opening world of umbrellas and reveals what he learnt along the way. We guarantee you'll learn something new: the killer marketing costs, the "timesheet submission fees" and providing liquidity to agents. It turns out there's a lot more to running an umbrella than meets the eye, and it's easy to see where your fees go in this low-margin business.

Needless to say, the inniAccounts board didn't give the go-ahead to this venture.


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