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Seven Things to Do Right Now if You’re Self-Employed

Self-employment is exciting but if this is the first time you’ve ventured away from employed contracts and moved to working for yourself, you’d be right to feel a little apprehensive. Whether you are working from your home in the Scottish Highlands or you rent your own little hot desking space in Southampton, you need to know how to make your idea come to life. Being self-employed isn’t the easiest thing to be, and it’s with experience that you’ll learn that you can be the best at it – but until that point, you need help and tips!

With that in mind, here are our tips for seven things that you need to do right now if you choose to go self-employed.

  1. Make sure that you are registered. One of the biggest mistakes anyone can make is to forget to register themselves as self-employed. If you are working as a freelancer or a contractor, you will have to make sure that you are invoicing for your work. Registering yourself as self-employed will also help when it comes to getting help with your taxes. Get some advice here before you choose to go self-employed because you want to get the absolute right so that you are on the right side of the law.
  2. Get a sparkling chartered accountant. An accountant is going to be your right hand person when you are in charge of your own business. Accurate income reporting is going to matter and it can be so difficult to get this right if you have no experience with doing this before. You wouldn’t be alone in that, either, as a lack of experience is why people don’t ask for an accountant to help! One of the best tips you can ever get as a self-employed owner of a business is to ensure that you have someone to look over your books and assist where needed. They will then handle all of your reporting, ensuring that you are meeting the legal laws of business trade.
  3. Keep track of everything. From the vendors and suppliers you use to the money you spend, one of the best and most important things that you can do is keep all of the receipts – for everything! You’ll be expected to report on everything you’ve ever spent money on and that means that you need to keep a record of absolutely everything you spend any money on. 
  4. Make your brand stand out. Your brand says a lot about you as a business and one of the hardest things to do when self-employed is to brand yourself properly. You can easily get lost in all of the other businesses out there just like yours but here is where you will differ: your brand! You need to make sure that your brand stands out so that you can be found and appreciated for all your hard work. The good news is that you really cannot get this wrong: there are endless guides out there to help!
  5. Know your niche. Everyone has a niche and when it comes to your newly established self-employed business, you need to know what your niche is to get it out there in the world. It’s vital for you to make sure that you know your niche but even more important that you know your outlet! You need to know how to sell your business and your brand, and you have to exploit that as much as possible.
  6. Sell as much as you can in every way you can! It’s nice to get an audience sorted for your business but you also then need to sell to that audience. This is where you need to get going. You have the audience and now you need them to want to buy from you – and that’s where your sales skills come into play. You can hit the ground running with a sales strategy that will keep your audience happy and the money coming in. Reading up on different sales pitches and strategies you can use to sell your service is going to help!
  7. Keep growing. Once you get that traction going with your customer audience, you need to keep that pushing forward. Growth isn’t linear, doesn’t happen overnight and it means that you have to keep your finger on the pulse of your audience’s wants and needs. You should never settle with yourself, and keep striving to do as much as you can!
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