One of the hardest tasks that all freelancers and small business owners are faced with is trying to find new clients and sources of work. Most hustle hard and approach potential new clients themselves. But there is a different approach you might want to take. Umbrella companies are companies that can act as an employer of freelance workers and small companies, and they can source them new work projects. Once a business or freelancer starts working on contracts for the umbrella company, they are paid through a pay-as-you-earn system.
Tempted to sign up to one of these umbrella companies? Here are some pros and cons to bear in mind.