Is light entrepreneurship worth it?

Light entrepreneurship is an excellent way to test out running a business or to invoice for side work. It's also worthwhile from several different perspectives: there are no start-up costs, and fixed costs are minimal. You can spend your time on what matters, because you don't have to worry about paperwork, taxes, and other bureaucracy.

As a light entrepreneur, you get to safely try out whether entrepreneurship is for you. You can change your mind at any time and call it quits — or later set up a full-fledged company backed by the customer base you've built up.

How does the invoicing service's service fee work?

The service fee is the percentage that the invoicing service takes as its commission. It's definitely worth comparing service providers, since there are differences in fees and what they include.

Truster Light: You can start with just a 3,99 % service fee. You only pay when you invoice.

Truster: If your invoicing is regular, we recommend a fixed-price service package, where the percentage-based service fee is removed entirely.

How much tax does a light entrepreneur pay?

As a light entrepreneur, you are officially a wage earner, so you pay earned income tax. We take care of withholding tax and remitting taxes to the tax authorities.

Remember that your tax rate is determined by your total earnings for the year. The more you earn, the higher your tax rate.

Light entrepreneurship pays off – but keep these in mind

Day-to-day life as a light entrepreneur is effortless, but there are a few things worth being aware of:

• Client acquisition: You need to find your own clients.
• Income stabilizing: It may take a while at the start before your income levels out.
• Industry: Light entrepreneurship is best suited to selling services. It may not be suitable for selling goods or for licensed trades.

Is it worth becoming a light entrepreneur or setting up a sole trader (toiminimi) business? The choice depends on your situation.

• Choose light entrepreneurship if you do gigs occasionally, are a student, want to invoice your side work effortlessly, or want to test the appeal of your business idea without risk.
• Consider a company if you already have customers lining up, your invoicing is large and regular, or you want to make broader use of tax deductions and the tax benefits a company brings.