Working for yourself??

[mainebankelec]

I went out on my own at start of last year and found it tight at the start but after digging deep and working hard combined with professional job at reasonable prices i`m working now about a month in front of myself and have been as while. You need to be trading for min 6 months before you can reg with NICEIC. Certificates can be signed off by competent person with adequate knowledge on inspection and testing although getting your 6391 would be recommended. I`d say though you either go for it 100% or not at all as its a shock to the system keeping paperwork and everything else right so an average week will be about 60 hours min to stay on top of things. In my opinion its been right move for me and i have no less than seven other contractors in my town to compete with. If its what you want then go for it but if you have doubts think about the extra stress and pressure of doing everything yourself. The financial rewards will come but not straight away with the cost of vans equipment etc.

And Brian its also worth mentioning that your not from the biggest town in the world as well lol

 

[LukeD]

go gently..... try a few weekend jobs etc and see how you and "customers get on etc. Some guys are just not meant to work for themselves etc , crap time keeping and unable to quote etc . Its a nice life if it works, but very little security .

clients will always be your best advertisers ! make a point of leaving them a few cards and ask them to pass them on if they are happy with the service you gave them

good luck

 

[Octopus]

Google business link its a free course on running your own business and covers everything. When you take into account the investment you made van ins etc etc its normally works out as a loss in the first year break even second year and profit 3rd year onwards.

PM me if you have any concerns I went self employed last september


Good luck

Chris

I'd also recommend attending one of the (free) 1/2 sessions at your local tax office to understand what they will be expecting to see!