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Self Employment Checklist

Self Employment Checklist

business employment

Campbell Rodriguez

Channel: Campbell RodriguezPublished on Jan 2, 2012

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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.

iPhone/ iPad
Android
Desktop

Campbell Rodriguez

Channel: Campbell RodriguezPublished on Jan 2, 2012

This Checklist was posted by Campbell Rodriguez, a member of our community where everyone can post productive lists.

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