More folks now, experiencing the "credit crunch" are "Moonlighting" with the only real objective of producing an extra earnings to outlive and which earlier than, was once to afford luxuries.
Moonlighting takes on varied types, ie those who take a second job over and above their normal job and the other individuals who even have a daily job, however who are skilled in what they do and supply a service to anybody ready to pay them outside of normal working hours.
With the latter kind of "Moonlighter" this can be a win win state of affairs for both the consumer and the moonlighter alike.
The patron gets a job done by a professional for a fraction of the normal price of hiring possibly the identical professional by means of the Company he or she works for. Add to this, the good thing about the moonlighter offering his or her services exterior of normal enterprise hours. ie no have to take day off work to wait for the washer engineer to call and fix your damaged appliance.
The moonlighter will get an additional increase to his or her normal income.
Evidently, there are dangers related to this observe, for both the moonlighter and the consumer.
From a Consumer perspective, if wishing to use the services of such a moonlighter, it is smart to use only someone advisable or on the very least, ensure that he or she has appropriate legal responsibility insurance coverage cowl for any unforeseen accidents etc.
The best threat nonetheless, is for that of the moonlighter.
Most employers, will take a really dim view of anyone carrying out or providing a service in the identical subject as which the moonlighter is employed by them. Anybody considering this route would do well to test their contract of employment to make sure that they don't breach the phrases of this and which may result in dismissal if found out. If unsure ask!
Moonlighters ought to always be sure they have satisfactory legal responsibility insurance coverage, to cowl them against claims for unintentional damage and even negligence etc.
There's one other type of moonlighter. These people and there are an increasing number of of them, who begin an on line home based business half time. The attraction of being able to make a substantial enhance in earnings on line, is drawing in lots of if not 1000's of people daily.
It doesn't matter what type of moonlighter, they're all striving for a common aim..to become profitable!
It can't be stressed sufficient, that when you become profitable, you attract the Tax Man! You must keep records of all revenue and expenditure and be ready to put some aside for when the Tax man wants his minimize!
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