FreeAgentCentral.co.uk - It's Solo Simplified

FreeAgent is aimed at freelancers, contractors and consultants in the United Kingdom. FreeAgent provides solo business owners with the tools they need to manage their finances quickly and easily to be successful and to sleep better at night. Specifically, FreeAgent"s downloadable software will help you manage projects and track time (ie., create professional invoices, analyze bank statements, work out out your taxes) as well as track money in and out (build a picture of your finances from your bank statements). The site was created by independent contractors who experienced great frustration in their own businesses and want to help others avoid the same mistakes and simplify their lives. The product is in Beta trial form now, and anyone in the UK who tests the product now will get free six months credit when they go public.

FreeAgent Central was formed because we understand the needs, first hand, of freelancers, consultants and contractors. FreeAgent is an online money management tool intended for small, UK-based service businesses of 1-3 employees. This will include most kinds of freelancers, contractors and consultants. Whether you are just getting started, or are already in business as a sole trader or limited company, VAT registered or not, FreeAgent can save you time. FreeAgent will probably not be for you if you tend to sell lots of products rather than services, hold materials and stock, or handle cash as part of your business.

Starting and managing a successful business is difficult for anyone, but especially for solo businesses or small partnerships. This site provides a great resource to those new to the process and will likely help many avoid headaches and mistakes that can put a business under.

While I understand they are limited to the UK because they have formed partnerships with UK banks, do they have plans to expand after a trial period? How are they going to market to program to new entrepreneurs to ensure they get enough clients to make a profit? Are they actively seeking publicity and coverage in the UK? Do the owners come with a successful track record to impress new business owners?