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.