Finding a career that works well around your family life is a challenge that a huge number of people experience on a day to day basis. All too many of us head out to work a standard nine to five and find that it just doesn’t complement our desired routine. We can find issues with childcare, feel that we don’t get to see our children enough and can struggle to create a positive and healthy work-life balance. Over the course of the past year and a half, a huge number of people have changed their career paths as a result of the coronavirus and Covid-19 pandemic. As countless companies have collapsed or made redundancies as a result of not being able to operate alongside strict social distancing regulations and lockdown periods, more people have been forced into finding self-employed work and becoming their own bosses. But for many, this has actually been a blessing in disguise. A huge number of people have found that self-employment actually comes hand in hand with a host of perks and that it is much better for their family’s routine. Here’s some more information on the subject!
What is Self-Employment?
When you are self employed, you become your own boss and work for yourself. You register as self-employed to let the government know that you will now be dealing with your own taxes and other obligatory payments. You then decide what services you will sell to others in exchange for your income. Many self employed individuals offer services that are easy to carry out from home, such as graphic design, copywriting, web design, web development, recruitment and other practices. You will build a client base who will provide you with what you need to get by.
The Perks of Self Employment
There are countless perks to self employment for someone with a family. You don’t have to commute to a workplace, meaning that you can start your work day later and finish your work day earlier. You also save money on transport. You choose your own working hours, meaning you can fit in tasks, such as the school run or other things you need to do throughout the day, as and when you please. You also get to approve your own time off, meaning you won’t be rejected annual leave for your family holiday or other important events.
Something you need to consider when you’re self employed is income protection. It’s more important than ever to take care of your income when you work for yourself. Read these 5 signs you need income protection get some more info.
What You Need to Do
If you’re considering stepping into the world of self employment, there are some important steps to take. Some include:
- Find an accountant – doing your own taxes can be difficult and you want to make sure that you pay the right amount on time, to avoid penalties, fines or even jail time. Find someone with the right qualifications, experience and accounting practice software.
- Make your own website – having your own website can let people know that you and your services exist. It can draw in clients and create business for you. You can outsource most of this work, such as web design and development, for a reasonable cost.
As you can see, self employment could offer you and your family a host of benefits. So, what are you waiting for? Test the waters and see how it goes!