Why You Should Go Self-Employed

People should be under no illusion – going self-employed is hard work. If you have never experienced this process before, it can be difficult to learn just how strenuous, stressful, and hard setting up your own business actually is. There is a lot to think about. From financing and thinking about payment options (this Paypal calculator may be useful) to deciding whether you want to have a physical or online store, everything soon starts adding up and it can be very easy to get overwhelmed. However, if you’re passionate about setting up your own business, then the benefits could be huge.

If you like the sound of having the freedom to set your own working schedule and choose which customers you can work with, then you should consider going setting up your own business. Still unsure? Here’s three reasons why you should go self-employed.

  1. Be Your Own Boss

Going on holiday? You won’t have to wait to get your annual leave approved. Feeling under the weather? You can take a day off. After all, you’re the boss.

Learning how to start a cleaning service, a home care business, or whatever it is you are looking to do, and going self-employed can give you the flexibility you need to set your own working schedule. Maybe you need to work around the school run, or you’re more productive on an evening – working for yourself means that you can work to times that suit you. Plus, you can avoid the stress and cost of the busy commute.

Of course, self-employment takes a lot of self-motivation, but when you’re pursuing your passion and directly reap the rewards of your hard work, it’s easier to enjoy working rather than considering itas a slog.

  1. Choose Your Own Clients/Customers

Taking responsibility for the success of your business is incredibly rewarding. There’s nothing quite as satisfying than completing a project that you have played an integral part in.

When you’re self-employed, you can decide what’s best for your business and choose your client or customers accordingly. After all, you’re the one who knows your business best. Plus, you have the power to choose the projects that you find interesting, so you’ll be working with a range of interesting people on a regular basis.

  1. Financial Support Available

For those who are considering self-employment, there is government-backed help or support available to get you up and running. Whether you need help with tax, a start-up loan, or advice on writing a business plan, there are a number of schemes available that you can apply for.

If you’re concerned about what this change in employment status will do to your finances, remember that there are many incentives and specially designed schemes aimed at the self-employed. For example, mortgage companies like Saffron Building Society have specialist mortgages that have been designed to cater for those who are self-employed.

Going self-employed takes a lot hard work and discipline, but the rewards can make it completely worth it. You can enjoy greater control over how to make the business successful and reap the rewards directly, as well as having greater flexibility and freedom in your working life. So, what are you waiting for – get started on your business plan now!