What is the Role of a Management Company for Independent Consultants

Author

Emma

Professional Development Specialist

If you’re a contractor, you’ve probably heard of management companies – but if you’ve never worked with one, you might be wondering what they actually do, and how they could help. Maybe you’ve even been approached by a company offering to take care of things like invoicing or admin on your behalf – that’s usually a management (or umbrella) company.

At Hightekers, we make life easier for freelancers by handling the time-consuming stuff, like accounting, compliance, and getting paid – so you can stay focused on the work you love.

Curious about the pros and cons? We’ve put together this article to explain how a management company can support your freelance business and help you grow with confidence.

What  is a management company?

Before we get into the  nitty-gritty of a management company’s functions and roles, let’s consider first what a management company does in a broader sense.  

 A management company acts as a third-party employer for freelancers and contractors. As an independent  consultant , you find  the projects you work on and  choose the hours you work, but the management company will  handle admin functions on your behalf in return for an agreed fee.

A management company allows consultants like you to  focus on your clients and your projects,  without worrying about the time-consuming admin and paperwork that comes with running a self-employed business. 

When you  work with a management company, you  don’t have to create your own company,  plus, the management company  ensures  any work carried out remains IR35 and tax compliant on your behalf, just like an employer would.

What functions can a management company  oversee for  contractors??

A management company like Hightekers takes on the role of an employer for a host of  independent IT professionals. This ranges from design engineers, software developers, IT consultants and more.  

We provide all the support and services you would expect from any good employer.

Let’s take a look at some key services: 

Administrative support

A management company can take care of all the admin that comes with freelancing. 

Depending on what you need, this might include:

• Invoicing
• Chasing payments
• Answering invoice queries
• Legal paperwork
• Fee collection
• Expense management
• Managing the PAYE function

For busy consultants who  don’t  want to spend their time on admin and accounting, partnering with a management company is an ideal solution that allows  more time to do what  you do best.

For the cherry on top, you  keep your independence and find the projects you want to work on – all while enjoying the benefits of steady employment.

Contract management

A good management company does more than just handle admin – they can also support you with things like contract negotiations and preparing quotes for your work.

At Hightekers, we understand the freelance world inside out. When you partner with us, you tap into years of experience, helping you secure fair rates and better opportunities for your skills.

Even better, working with Hightekers means you could gain access to key clients through our professional network – connections that might be harder to reach when you’re going it alone

Bespoke Support

One of the biggest perks of working with a management company is the personalised support you get – whatever your freelance journey looks like. Whether you need help navigating compliance, or even upskilling through training and development, the team at Hightekers is here to help.

What’s more, you don’t need to set up and manage your own limited company to work independently. With Hightekers, you stay in control of your self-employed activity and enjoy many of the benefits that typically come with being an employee.

We act as the link between you and your clients – handling behind-the-scenes admin so you can focus on freelance projects and growing your business. 

Benefits of Working with A Management Company

One of the biggest benefits of working with a management or umbrella company is the freedom to focus on your work without getting bogged down by admin. You get the flexibility of freelancing, while the day-to-day paperwork and financial details are handled for you.

Much like being employed, you simply do the job and get paid each month. Meanwhile, things like PAYE, National Insurance, and tax are all taken care of behind the scenes by experts who know exactly what they’re doing.

As an employee of the management company, you also get access to benefits you might otherwise miss out on – like holiday pay, sick pay, and pension contributions. It’s a great way to enjoy the freedom of freelancing, with a lot less stress.

At Hightekers, we make sure everything stays compliant with HMRC and IR35, so you don’t have to worry about the fine print. And with fewer forms, no year-end year-end tax panic, and steady employment on paper, it’s also easier to apply for things like loans or mortgages.

In short: more freedom, more support, and more time back in your day.

How to Choose A Management Company?

Partnering with the right management company can have a great impact on your freelance business.

At Hightekers, we specialise in supporting independent consultants from a host of professional fields. We understand the unique challenges and opportunities consultants face, and we tailor our services accordingly.

Here’s why Hightekers stands out: 

• Consultancy-focused expertise – Our team knows what it takes to succeed as a freelancer, so our support fits your specific needs and goals.
  
• Access to valuable networks – We help connect you with clients and projects that match your expertise and preferences.
  
• A community of peers – Join a network of independent consultants who share your drive and ambition, creating opportunities for collaboration and growth.
• Dedicated support – Our team of experts ensures you comply with local regulations, providing peace of mind for a successful experience.

Simplify your freelance journey

Working with the right management company means more freedom, less admin, and the support you need to focus on your work and your growth. At Hightekers, we specialise in supporting independent consultants and freelancers with expert guidance, peace of mind, and access to valuable networks.

Partnering with Hightekers means taking the next step toward a smoother, more successful freelance activity.

Get in touch to boost your freelance business

Author

Emma

Professional Development Specialist

A seasoned career development specialist based in Bristol, where she helps international professionals manage the complexities of establishing their independent careers in the UK. With over a decade of experience in talent management and professional mobility, she leads initiatives to support freelancers and independent consultants across various high-skilled sectors. When she's not advising professionals on their career journeys, you might find Emma exploring Bristol's street art scene or cheering on her beloved Bristol City FC!