Entrepreneur, sole entrepreneur, trader, business name entrepreneur, light entrepreneur... I mean, what? With terms, you can get overwhelmed. Then what would be the best form of entrepreneurship? Can you become a trader as a light entrepreneur? Let's take a look at the possibilities!
What does it mean that you're a trader?
A trader is an entrepreneur who carries on business independently in his own name. This form of entrepreneurship is best suited when you only want to employ yourself and your activities are quite small-scale. Often the trader is a sole entrepreneur.
The trader may have a business name – but not necessarily
Is a trader the same as a business name entrepreneur? Most of the time, the answer is yes. In the minds of the people, the business name and the private trader have become the same thing, and they almost are. Officially, business name means the company registered in the Trade Register.
But you know what? You do not necessarily need a business name to carry out a business. You can set up a business name if you want, but it's not necessary. With the help of the Truster light entrepreneur invoicing service, anyone can be a trader without a business ID and registration rumba.
Should I set up a business name?
So what should you do? Let's take a look at the pros and cons.
If you want to become an entrepreneur, the easiest and lightest way is to establish a business name and become a trader. Also, the taxation of the business name is quite straightforward, since all the income from the business name is your personal income. Of course, you must remember to pay taxes on your own initiative in advance as prepayments.
As an entrepreneur, you have more responsibility – both for money and for taking care of things. To get started, it costs 60 euros to set up a business name. The entrepreneur also usually has a certain amount of mandatory current expenses, such as accounting and various insurance policies. You are personally responsible for all invoices and other obligations of your business name. Spinning papers can frustrate you if you only have work from time to time.
Easily as a light entrepreneur into a trader
If you're interested in entrepreneurship but still hesitate, try Truster light entrepreneurship. You can skip the paperwork and just focus on what you really want to do.
You can easily find out if you have enough work available for you or if, for example, there is a demand for a business idea. If you want, you can continue as a light entrepreneur effortlessly, or become an entrepreneur later when you know your wings can carry you.
If you decide to try Truster invoicing service for light entrepreneurs, we take care of employer costs and other obligations for you. Start lightly without a monthly fee and try with just a service charge, which means that we will be left with a 3.99% reward for your salary. You will not have to pay any other expenses and you will not have to fill out the establishment forms. You'll only easily get paid for a job directly into your account. Brilliant, isn't it?
Would light entrepreneurship suit me?
If you work on a gig basis, work sparsely, for example, alongside your studies, or want to do a gig alongside your main job, light entrepreneurship is perfect for you. If your income increases, then full-fledged entrepreneurship can be a game move worth considering.
Among light entrepreneurs, there are many providers of various services, construction, transport and cleaning professionals, as well as freelancers in the creative and digital sectors. In many areas, it is not so much contracts of employment that are agreed, but individual projects. You should often be able to agree quickly on a commission or gig, but it can slip away to someone else if you don't have the option to bill the subscriber. This is where we come to your aid. Try Truster invoicing service right away. You're not committing to anything!