1. Going Solo: Irish Tendering Process & Becoming a Freelance Librarian
Stephanie Ronan

3. Outline Find a tender Putting it into practice Costing your tender
Choose your company type
A walk through the tendering process
Outline

5. Sole Trader or
What am I?
Limited Company
Limited Company?
Sole Trader

6. Limited company is separate legal entity, no personal debt1
Register with the Companies Registration Office 2
Company reports and accounts returned to the CRO each year 3

7. Sole trader- relatively simple to set up, personal assets at risk1
Register as a self employed person with Revenue 2
Pay tax using a self assessment system 3

8. Which to choose?
Limited company seemed expensive & complicated to set up for such a small enterprise
Decided on sole trader

9. hwww.etenders.gov.ie/

11. Be enlightened when costing your tender!
Survey the market to ensure you have a competitive hourly rate and then examine it to consider costs:
Income Tax
USC
Pension
Insurance
Accounts
Holiday/Sick Pay
Staff expenses for cover?
Unforeseen expenses

12. Sole Trader Complete TR1 form & return to revenue
Insurance
Purchase public liability insurance
ROL
Register with revenue on line for tax clearance cert & all tax matters
Invoice
Invoice for services monthly

13. More challenges ahead sorting out tax & potentially hiring cover

14. Figure the rest out as I go along!

15. Thank you, looking forward to your questions.