Going Self Employed – Should You Start Full Time or Part Time?

Going self employed is something a number of people wish to do at some point in their life. There are a number of reasons for this:

  • Tired of work / life balance
  • Feel unappreciated by boss and company
  • No room for advancement
  • No training courses offered
  • Tired of career path
  • Change of life circumstances make current form of work impossible or unsustainable
  • Feeling that you have hit the salary ceiling and want to find another way to boost your salary or remove the ceiling off it.

Those are just a handful of the reasond why many people consider, and some people decide to act upon when it comes to the prospect of becoming self employed. There are many more reasons still why people think about and choose to go self employed. However in this short article we want to look at whether to go straight into full time self employment or part time.

Well we will get straight to the point, for most people the answer is to start part time. Why? Well consider the fact that most businesses fail within the first year. In other words it is not easy. Starting up part time allows you to keep the safety of your job and regular income while you work on building up your new career. If you should fail, no harm done because you have exactly what you had before you decided to try to become self employed. In times of economic downturns, it is especially important that you do not compromise the security of a job in the “hope” that a self employed venture will pan out. So for most people, they should try to figure out a way to build their self employed business venture part time around their full time job.

However, there are of course pros and cons to quitting your job to go self employed full time, or contunuing to work full time, while building up your self employed business part time.

Self Employed Full Time

Advantages

  • If your business concept is sound, in demand, and you can attract clients then you will very quickly find the decision to go straight into full time a wise decision
  • You can plan your time.
  • You are free from working from someone else

Disadvantages:

  • Risk of things not working out, even if you did thorough research
  • You do get business, but not as much as you had hoped for
  • Can end up working longer hours than when you were employed

Self Employed Part Time Around Full Time Job

Advantages

  • Keep the security of your job and income
  • Earn more money as you become more skilled at winning business from your full time job
  • You safely get to learn your craft and build your skills
  • You are training and building a business part time that you can comfortably take to full time when ready.

Disadvantages

  • You will have less free time for socialising – if you are taking the business seriously.
  • It may be difficult in some circumstances to market your business outside of standard working day hours

Self Employment Information – What You Should Know Before You Quit Your Job

Starting your own business is not easy and you should do some research to find suitable self employment information, which is readily available on the internet and in your local library. Self employed jobs exist all over the world and many of them are so well established that they create job opportunities for many other people.

Running your own business is not easy and should not be taken on lightly. It is essential to do thorough research before attempting your own self employed business. Take a look at the following points you should consider before you start your own business:

  • Is the type of product you have to offer something that is already available for consumers to buy without being significantly different or unique?
  • If you are thinking about providing a service, is it sufficiently unique and is there a demand for it in the market? If it is not unique, is there still a high demand, with a low supply of service providers?
  • Will you always have a ready-made supply of your product for the public or do you need time away from your business to make your own product?
  • Is the business you are considering something that you can do alone or will you need staff?
  • The bank is more likely to give you a loan for your business if you can show them that this business will create new job opportunities for other people.
  • Do you have a place you can rent or buy where you can set up your new business if you should require this?

Many resources are available with self employment information. You can find articles, books, discussions and debates anywhere on the internet about how to go self employed. If you do your research right and you cover all bases then you increase your chances of making a success of the business.

Self doubt is something that will creep in at some time or another but you should not let it take hold of you. How many successful people do you think got there overnight? Many have had to work hard and through a lot of challenges to get there. As soon as you start doubting yourself, you doubt the business and everyone else who worked so hard with you up until that point. You need to be strong willed, positive and determined to succeed.

Keep a positive outlook on everything and know that you have all the self employment information you might need right at your fingertips. Your business is something that you should have a passion for, something that you devote all your time and energy into and you should never, ever, start a business because someone else told you to do so. If it is not something that you are passionate about or something that you want to do for the rest of your life, then you decrease the chances of the business becoming successful, and if it does, succeed, you are not likely to be happy.

So, if you are planning to quit your job and start your own business, keep in mind the points mentioned above. Most important of all, make sure you research all the self employment information that you to give yourself the best chance of success.

House Sitting Jobs – How To Find Them

When looking for the best house sitting jobs you have to take into consideration certain important aspects in this regard. If you get the right job it can be both rewarding and fun. However, there are a lot of pitfalls that you can stumble into if you do not go into your job hunt with both eyes open.

Once you start looking for a job as a house-sitter you have to think about what the owner is looking for in a sitter. Are they simply looking for somebody to stay in their home and keep it secure, or are they looking for somebody to water their plants, walk their dog and keep the house in spit-spot shape?

With so many self employment jobs to choose from, you have to decide if house sitting jobs are in fact the best jobs for your specific situation. Do you have a family that stays with you and whom you have to support? Are you often busy in the evenings and won’t always be available to watch the house you are “sitting” between 8pm and 8am? Do you have any kind of criminal record? Do you need to make a lot of money in very little time? If you answered yes to any of these questions it is quite possible that you are not best suited for a job as a house-sitter.

If you have a family that needs you for support, or if you have your own home that you need to watch and keep organized it will prove quite difficult to give the needed attention to the house you are “sitting”. Should you be unavailable on many evenings that you are supposed to watch the house, the owners will become understandably worried about the security of their home.

Most home owners will do a thorough background search before employing a house-sitter to watch after their home, and as such if you have any criminal record it will be difficult to find an owner that will trust you with their belongings.

As to the final question, house sitting jobs are not the best paying jobs that are available for those looking at how to go self employed, and as such should only be considered if you are aware of the pay-grade that you will be looking at.

If you are still ready to become a great house-sitter after considering all of the points above, you can search for home owners that are looking for candidates, both online and offline. The best ways to find owners online are through craigslist and other similar classified sites. Offline, you can consult your local newspapers and magazines, as these will have the latest house sitting jobs in your area.

How To Become A Self Employed Freelancer

Many of us have considered the conundrum of how to become a self employed freelancer, and have found that there are a number of things you need to query about yourself and the job space out there before you can quit your full time job in pursuit of this type of venture.

Freelance jobs are quite readily available, both online and offline, however, the amount of money you receive for these jobs vary drastically depending on your skills, the company you’re working for as well as your credentials.

When you start looking for information on how to become a self employed freelancer, you have to first identify your own skill set and what you can offer companies that they can’t get elsewhere for cheaper. With the internet at almost everybody’s fingertips it has become exceedingly easy for a big corporation in the USA or UK to hire a freelancer in India, China, South Africa or even Nigeria, who would be willing to work for a lot less money than a local citizen.

Due the above consideration, you have to prove yourself better, faster and more proficient in your job than anybody else that may apply for the position. You have to be willing to work long hours, work towards strict deadlines and do all of this better than everybody else that may apply for the position.

Amongst the best paying freelance jobs are: Freelance Computer Programming Positions; Freelance Graphic Design Positions; Freelance Article Writing Positions (For reputable magazines that offer between $50 and $1000 dollars per article) and Freelance Photography Positions. If you have a portfolio of high-calibre work in any of the before mentioned positions, you should be able to find freelance jobs that pays well and will leave you ample time to dabble in other areas.

There are many different sources with information on how to become a self employed freelancer; from published books on many different self employed jobs, to internet sites devoted to this field. If you are ready to take the leap and become a freelancer you have to consult these books and sites for vital information on your chosen career-change.

Once you have perused a good number of books and websites on the topic,, you will be ready to jump into this new and exciting world with both eyes open, because you will know all you need to about how to become a self employed freelancer.

Part Time Self Employment Jobs – Simple Second Income Ideas

There are many great part time self employment jobs available today. Are you looking for something to spice up your dull and dreary day job? Are you looking for a challenge that would knock you off your feet? If that is what you are looking for then you are in luck, for here we have a few very good suggestions for you:

If you have a full-time job but are looking for a bit of extra cash or just something to keep you busy over the weekends then doing some promotional work could be just what you are looking for. Many product manufacturers invest a decent amount of money into promoting their products, as such; there are always opportunities for friendly, hard working people who want to make a little bit extra for a few hours of work over the weekend. Handing out free products and prompting others to buy them is really not difficult and you can have a lot of fun while doing so.

Looking for some great part time self employment jobs could be quite a hassle but if you know where to look, you will find just the thing you are looking for! There are many people who have treasures in their homes and don’t even know it! Ask your friends and family for anything that they don’t use at home – old cell phones, electronic equipment, toys that they don’t have use for anymore, etc. All of these things might be just the thing that someone else desperately needs and now you can make a bit of extra cash by selling them again on auction websites like ebay and other websites that let you sell used goods.

If you are very well versed in the English language and have a good grasp on spelling and grammar, then you should seriously consider doing some freelance writing over the internet. The amount of time you spend working solely depends on what you are willing to do and how many hours you want to put into this “job”. There are many freelance sites available where you can look through jobs that are available and you might just find one suitable for you.

Other self employed jobs that might interest you are doing some house sitting jobs. Many people do not wish to leave their houses empty if they go on business trips or on holiday. Look through your local newspaper for ads where people are looking for someone to watch their house, pets, plants and anything else they might have. If you have no criminal record and have a few good references then you might just find a part time job in this line of work.

Starting a small day-care group where you look after a few kids (no more than 5), could be quite profitable but you should only attempt this if you love kids and do not mind looking after them.

These are just some of the part time self employment jobs out there. There are many more available out there in the world and hopefully the above has inspired you to look further if none of the above options already appeal to you.

Starting as self employed soon and need advice on other job?

It can be very confusing sometimes knowing what status you are as you work on a self employed job while working another job as an employee. Are you technically an employee, or are you self employed. Does how long you are working make a difference or not? Well the person asking the question below has found out that he is actually both that is, his self employed job makes him self employed, and his employee job makes him employed.

I need to register as self employed as I will be starting a freelance role (I’m a journalist) although I still would like to carry on with my part time call centre job. What do I need to do? I’m finding this very confusing!
I mean I need to register as self employed so am I still able to work part time for this other place?
Am I allowed to be employed by a company whilst being self employed?

Yes, you can be both employed and self-employed. It is quite common for people to have income with each status. There sometimes seems confusion that a person has to be the same status with everything.
HMRC is quite rigid about status, certain criteria apply for either. look at http://www.hmrc.gov.uk , then into individuals, then other topics, then employment status indicator under toolbar.
You will need to complete an annual Tax Return. In addition to the basic form, you will need an employment page, and a self-employment page.
The only restriction may come from your employer. You need to make sure that what you are proposing to do isn’t prohibited by your contract of employment.

Bear in mind if you are not in the UK that the answer above relates to the UK. Other countries may treat this scenario differently, and you may wish to check with your countries tax authority if that is the case when considering your own circumstances.

Self Employed Opportunities For Stay At Home Moms

If you are a mommy looking for self employed opportunities, there are quite a lot of possibilities you can look at. You first need to decide what line of business you are interested in. Do you love selling things? Are you creative? Do you love working with other people? When you’ve answered these questions you will have a better idea of what kind of self employed jobs you will be interested in.

If you love writing you can look at becoming a freelance writer. You have a great deal of flexibility in this profession you decide what you want to write and when you want to write it. You can write articles for online publications and websites or you can become a ghost writer and write fiction and novels for other people. The self employed opportunities in freelance writing are endless – visit some freelance directory websites and see for yourself.

In fact, any skill that you have that you can offer from home you can do on a freelance basis. Do you know how to design web pages or graphics? You could offer that. Can you program? You could offer that. Are you good at creating MS Office macros? You could offer that. Many people are looking for people with skills that they do not have or people that can take on some of the workload.

If writing isn’t for you, you can look at network marketing or multi level marketing opportunities. There has been a great deal of negative publicity about this business opportunity, but if you research the company and the product you will be selling, you are sure to find an mlm business opportunity that will suit you. If you are considering a multi level marketing business as a viable option you need to love working with people.

This is probably the number 1 reason why most people fail at network marketing, their personality does not fit the product or service that they are promoting, and they are not that great at working with other people. It has been said that teachers are quite successful in this business, and that is because they understand their students needs, and know how to relate to their students and their needs, instead of trying desperately to push the business opportunity and the products on people.

Another option for a self employed, stay at home mom is to sell things over the internet. You can open an online shop on a website such as ebay. You can then sell tangible objects or you can sell information products. Information products include ebooks, how-to guides, software etc.

If you love kids you can open a day care centre from your home. Any self employed opportunities that involve child care should be well researched. You will need to find out what the regulations are for day care mothers in your state. You will also need to convert your home according to any state regulations as well as the health department specifications. So be sure to check out your legal obligations before you go any further.

If you have any special artistic talents, convert this into a self employed, stay at home business opportunity. If you love and know music, why not give music lessons from your home. Music teachers are a dying breed and there is a great need for their services in the community. Similarly, many people are always looking to learn a second language, so if you are fluent in more than one language, you could offer one to one schooling, or maybe group schooling sessions. If you are very creative, give creativity lessons for children. You can teach them to use their imaginations to make special artwork.

These are only a few ideas of opportunities for stay at home moms. Think outside of the box and challenge yourself if none of the above appeal to you as there are more ideas out there. Freelancing your computing or writing skills are the easiest ways of making an extra income from home, so you do not need to be away from your kids. And because of the flexibility offered by this type of work, they are some of the best self employed opportunities for stay at home moms.

Best Self Employed Job With The Least Money Invested

The question of would be the “Best Self Employed Job With The Least Money Invested” is somewhat of a catch 22, as you can not really answer a question about what the best self employed jobs are for someone with the least money involved on a specific level. Sure you can make suggestions on a generic level, but ideally, the person needs to consider what type of job they can do.

For example, if you are a sociable type that loves meeting and striking up new relationships, then a network marketing opportunity might be viable for you. However, be aware of any initial membership fee or product purchase requirement for joining, and any ongoing costs to maintain your membership or level in the program.

If you are someone that enjoys working with computers and does not have much need for constantly being around people, then you may find a work from home job like article writing, data entry, website creation or programming, graphic design or Internet marketing more appropriate. If you want people to come to you, you may need to pay advertising costs, pay for hosting space for a website and other start up costs.

And of course in the middle of those two personality types, instead of trying to go it alone and hope to attract or create business, you could become a freelancer for hire. This is a great option for people not quite ready to go full time self employed, or who wish to gain more experience and maybe build a client base and test the market, or people that wish to simply earn an extra income part time or while unemployed or not working.

There are people out there willing to pay you for all kinds of work, some of which you are already skilled at. And others for which the work will be new to you, but the outfit offering the contract will be willing to train you.

On freelancing websites such as freelancer.com you can either browse through contracts being offered and make a bid for that contract. Or on elance.com you can also create a searchable profile where you list your skills and people looking to hire someone with those skills come searching for you.

Which method will be the most effective for you of course will depend on how much demand there is for those skills. If it is a rare skill then of course you may indeed be headhunted. If your skills are not especially rare and unique, then you might be much better to search and bid for a contract yourself.

Freelancing can be a viable means of becoming self employed if there are a good number of people looking to hire people with your skills on an ongoing basis. Or alternatively, you could be in demand by simply having a skills that is in very high demand and with a small amount of qualified people. The former of course is more ideal from a more stable income point of view, although of course how secure that income is will depend on what arrangement you have with the person or company that hired you. Whereas with the latter it will depend on market demand ad market competition.

The great thing about freelancing as opposed to other forms of self employed job is that it does not need to cost you anything. If you use a site like freelancer.com or elance.com a small service or introductory fee is simply deducted from either your contractual fee or paid by the hirer, or perhaps a combination of both. No need to stump up the several hundred dollars, pounds, or whatever currency you use, as there would be for most other kinds of self employed venture.

So what would be the “Best Self Employed Job With The Least Money Invested” that really depends on you. You have many options available.