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Self Employment Checklist
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Scores 4.68 with 114 votes
Business
,
Employment
34 tasks
By
Campbell Rodriguez
Table of Contents
Save
Business
State your reasons for becoming self-employed.
Check how feasible is your idea.
State the unique selling point of your business.
Learn about the knowledge, skills and qualifications that are needed in the sector that you have chosen.
Check how you will keep your knowledge, skills and qualifications up to date.
Think about how do you intend to 'grow' the business.
Research
Decide which areas of research you will need to tackle first.
Check where you will find the information.
Desk research only goes so far: decide who you should talk to.
Check who you will need to help you - inside and outside the business.
Check with which professional organisations and associations you should register.
Funding
Analyse how much money you will need to start the business.
Check if you will need the help of an accountant.
Check what resources and equipment will be necessary.
Check what IT facilities will be required.
Decide where you will be based and what this will cost.
Decide which sources of funding you will approach first.
Decide how you will support yourself while starting up the business.
Marketing
Perform competitors analysis.
Check where you can network.
List five outlets for your products or services.
Check what is a competitive price for your product(s)/service(s).
Decide what advertising methods will best suit your business.
Practicalities
Decide what type of business will you run (a sole trader, a partnership, a limited company, a co-operative, a franchise).
Find out how to pay income tax.
Find out what can you set against tax.
Check what mandatory regulations you must follow.
Check what necessary licensing you must obtain.
Decide what pension arrangements you will make.
Save
Useless
Poor
Ok
Good
Excellent
Excellent.
Scores 4.68 with 114 votes
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