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6 Tips To Master Being Self-Employed

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One of the biggest dreams many people have in their careers is becoming self-employed. For those that have made the transition, you already know how difficult it can actually be. The initial career transition from your regular nine-to-five job into the world of becoming self-employed can seem overwhelming.

Thankfully, there are options for you to seek help with career transition assistance. They provide interview coaches and job search specialists to help you get the job you want. 

To start preparing yourself, here are six tips to help you master the art of being self-employed.

 

  • Create a Professional Website

 

The first thing you’ll want to do is to create a professional website. This will act as your portfolio for all of your work, share your resume, and highlight some of your best work. It’s an opportunity to begin branding yourself in your field of expertise.

Some of the key steps to building a great website include:

  • Keep it simple and easy to navigate.
  • Ensure that your website is mobile-friendly.
  • Provide clear contact information.
  • Add client or previous employer testimonials.
  • Create a blog with regular content relevant to your industry.

 

  • Update Your LinkedIn Profile

 

Once you’ve developed a digital portfolio, you can start connecting through various social media platforms and building your network. LinkedIn is the most optimal social network to help not only find new freelance work but also to connect with other influential people within your industry. It can also help set you apart from other self-employed workers who are in search of freelance jobs.

Your LinkedIn profile should be updated with the same types of content as your website. This would include your portfolio of work, resume, and can provide you with additional credentials through skill tests. This will show potential companies that your skills are suitable for their needs and give you a leg up on your competition.

 

  • Work On Self-Discipline

 

On a soft skill level, self-discipline is one of the most crucial elements to becoming self-employed. Since you won’t have a manager hovering over your shoulder, you have to be your own boss. You are in charge of your schedule and meeting deadlines.

 

  • Build a Scheduled Routine

 

Maybe you don’t want the typical Monday through Friday work schedule. Regardless, you’ll want to ensure that you are designating certain days and times to be for work only. It can be easy to slack off or, on the flip side, work too much. Choose your start and stop times, along with any breaks you take throughout the day, just as you would if you were in the office.

 

  • Set Up An Appropriate Work Station

 

In order to stay productive, you need to have an environment that is conducive to your work style. It’s more than simply setting up your computer. Maybe you’ll need a whiteboard to jot down ideas or greenery around your workstation to keep you feeling energized throughout the day.

Find what works for you and make it your designated spot. That way, when you aren’t working at a local coffee shop, you have a space within your home to get down to business.

 

  • Get Situated With Your Finances

 

Being self-employed means you will need to manage your finances. Oftentimes, you will not be receiving a typical W-2 form where taxes and other costs will be taken out. Because of this, you are now in charge of paying your own taxes every year.

Start by putting at least 30% of every paycheck into your savings account. From there, you will want to start keeping regular track of all your work expenses. You’ll want to save your receipts and keep an inventory of any write-offs you may have. If you aren’t sure where to start, we highly recommend you work with a professional accountant.

The most important thing to do when you are looking to transition into becoming self-employed is to remember that you are your own boss. You are the one in charge of finances, your website, branding, and all of your deadlines. And of course, having the necessary self-discipline will get you to where you want to be.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Why Multi-Province Payroll Compliance Is the Hidden Challenge Canadian SMBs Face and How Folks Solves It

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Photo courtesy of: Folks

Byline: Shem Albert

Running payroll in Canada can feel like crossing a country stitched from many different fabrics. Each province weaves its own pattern of tax rules, leave policies, and benefit requirements, creating a landscape where a single misstep can ripple through every paycheck. For small and mid-sized businesses, the challenge often remains hidden until growth pushes hiring beyond provincial borders or brings remote workers into the fold. What seems like a routine back-office task quickly becomes a test of accuracy, timing, and local knowledge. This is the gap that Folks set out to close, offering a way for employers to navigate Canada’s regulatory patchwork without slowing their momentum.

Provincial Rules Add Complexity

Canada’s payroll environment varies sharply by province. Federal rules set the foundation, but provincial tax rates, deductions, statutory leave entitlements, and benefit premiums add layers of complexity that employers must monitor carefully. Small and mid-sized businesses with staff across provinces or remote employees face different tax tables, reporting deadlines, and leave calculations that directly affect pay accuracy and remittance schedules.

Folks built its payroll module to address these differences. The platform calculates the correct provincial tax rates and deductions for each employee, applying updates automatically so employers avoid misapplied withholdings or late filings. Multi-location tax management allows a company with workers in Ontario, Quebec, or several other provinces to process payroll without creating separate accounts for each jurisdiction. Bilingual functionality in English and French and secure Canadian data hosting support compliance while keeping employee records accessible across language and regional boundaries.

Unified Records Improve Accuracy

Payroll errors often stem from mismatched employee data. Changes in pay rates, banking details, or benefits eligibility may not align between HR and finance systems, creating incorrect deductions or delayed payments. Smaller teams juggling separate platforms spend valuable hours reconciling information instead of focusing on strategic work.

Folks resolves these issues by combining HR and payroll in one platform. Updates to wages, hours, or tax information entered on the HR side flow directly into payroll without re-entry. This single, verified record strengthens the accuracy of every payroll run and ensures employees receive the correct pay and deductions. By removing the need for repetitive administrative work, HR staff can redirect their time to tasks that support growth and employee engagement.

Automation Keeps Provinces in Step

Each province sets its own requirements for holiday pay, pay frequency, and statutory benefits, making manual calculations both time-consuming and error-prone. Businesses that expand or hire remote employees must keep pace with shifting provincial regulations or risk penalties and audit issues.

Folks address these demands with automation designed for Canada’s regulatory landscape. Pay statements, deduction calculations, and custom pay schedules follow the applicable provincial rules without extra configuration. The system’s automated updates mean that a company hiring staff in British Columbia or Quebec can meet local payroll standards without adding new layers of setup or monitoring. Employers gain the ability to expand into new regions while maintaining accurate, on-time pay.

Reporting Strengthens Compliance

Changing tax rates and reporting requirements require ongoing attention from HR and finance teams. Companies that rely on disconnected systems risk missing a provincial update or submitting incorrect remittances, which can lead to fines and interest charges.

Folks provides detailed reporting tools that compile payroll, deductions, and benefits information across all locations. Employers can generate clear remittance and deduction summaries, simplifying the process of meeting provincial filing requirements. For organizations that want additional guidance, Folks also offers a payroll management service that brings in-house specialists to assist with configuration, compliance, and regular updates. These reporting features help companies stay audit-ready and avoid costly compliance gaps.

Scalable Payroll for Expanding Businesses

Many small businesses begin in a single province, where local tax and payroll demands can be learned over time. Growth into new provinces or the decision to hire remote staff adds a level of complexity that manual processes cannot handle efficiently. Errors multiply, compliance risks rise, and payroll teams spend more time correcting mistakes than supporting expansion plans.

Folks provides payroll that scales with company growth. Provincial tax logic, automated deductions, bilingual support, and secure Canadian data storage are built directly into the platform. By maintaining an accurate employee record and applying province-specific rules automatically, the system allows Canadian SMBs to expand with fewer administrative surprises and more predictable payroll operations. Companies gain the stability of compliant payroll across provinces while controlling the time and costs that typically accompany multi-jurisdiction growth.

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