Working from home has become increasingly popular since the pandemic began with the versatility of being able to remotely have kept businesses afloat and employees in their jobs. In many ways, flexible working arrangements have been one of the great business lifeboats over the past 18 months.

But with this change comes risk. Because this way of working on a large scale is still new to us, there are many risks that people have yet to think of, especially when the arrangements are made in reaction to a snap government lockdown. A work-from-home agreement will help to cover the following risks.

With different business models and structures comes different forms of hiring. Determining whether you should hire an employee or a contractor is an important step that can come with repercussions should you get it wrong.

If you are unsure whether the person you need is an employee or a contractor, we have covered this in detail in a previous article (Employee or contractor – what’s the difference? And why you could be fined if you don’t do it the right way.) but right now let’s look at contractors.

Having employees that work a mix of in the office and at home or from a co-working space, is more prevalent than ever since the pandemic and it has changed the way workplaces need to operate. Businesses are becoming more open to employees working outside of the office (remotely) or even working from a combination of in the office and at home each week.

Is this the year you embrace something new and set up your coaching business? While there’s plenty to consider when setting up a coaching business, the importance of getting in place your processes and legal formalities should not be underestimated. By getting the foundations sorted from the start, your business will be seen as credible. Plus, you’ll ensure you are personally protected should things go wrong.