These 10 steps to becoming self-employed will leave you fully prepared and ready to start a successful solo career.
Self-employment is full of upsides:
- Financial freedom;
- The ability to work your own hours;
- No one to answer to;
- Uncapped earnings.
To name just a few!
But to every success story, there are many more that have failed. And it’s unfortunate to hear that some of these failures came down to people feeling poorly equipped to handle the world of self-employment.
This free guide contains the essential steps you need to follow to get up and running, as well as help you to get set up for the administration & legal side of things that might be new to you.
- Self-Employment in a Nutshell >>
If you are ready to go self-employed, it’ll help to get to grips with some of the basics of self-employment, including definitions, responsibilities and taxes. Here’s an overview to get you started.
- Naming Your Business >>
The right name creates the right impression & tells your customers everything you’re about. If you’re struggling, here are some tips to help you come up with the perfect business name.
- Set Your Prices >>
Pricing is critical. Too high and you’ll price yourself out of the market. Too low and you won’t be able to pay yourself. Here’s how to find that sweet spot when it comes to pricing.
- Plan Your Marketing >>
Without customers, you won’t have a business. So setting out a good marketing plan will get you in front of the right customers. Read these 10 tips that will set your marketing plan on fire.
- Register as Self-Employed with HMRC >>
Registering as Self-Employed online is easy to do yourself. Here’s my walkthrough video which demonstrates how to do it.
- Getting Paid >>
Getting paid when you’re self-employed involves three steps. Let’s get to grips with each of these steps.
- Set up a Bookkeeping System >>
Administration and taxes are a lot easier if you choose the right bookkeeping system. Here’s some advice on what to look for.
- Open a Business Bank Account >>
A business bank account will simplify your business administration. Here’s how to find one that works for you.
- Take Out Business Insurance >>
Business insurance means peace of mind. But it can be confusing. Read about the main types of insurance to work out what cover you need.
- Set Up Your Tech and Equipment >>
It’s time to get set up with all the essential equipment you’ll need like a computer, website and email. Download my Tech Checklist to help you.
Anita is a Chartered Accountant with over a decade of experience taking self-employed business owners from financially confused to business savvy.
She is the creator of the ‘Go Self Employed’ website, which is her corner on the internet where she makes self-employment less terrifying.