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Free umbrella company service launched for contractors

Published on Feb 2, 2010 |

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In a highly competitive market, a new entrant has come up with an innovative selling point - a free umbrella service for contractors.

Springboard Umbrella, a newly launched company, provides an "integrated, hassle free and fully compliant payroll service" - which is free for contractors.

The company says that its service will not be free forever, but guarantees that it will be free of charge for the duration of each contract, regardless of how long the term is.

Naturally, many readers will ask how an umbrella service can be provided at no cost to its users - Springboard explains that this part of their long-term plan:

"We are a well backed and well funded business and we are in it for the long game. We are keen to accelerate our market share by offering something great for nothing. Once we have reached our goal in terms of number of customers, we will discuss our next plan with our customers. One thing is for sure though, Springboard will always offer the best value to its customers even when the company does eventually start charging for its services."