Things to Consider before Self-employment
De Monte, Canada, Member
- Know your skill to develop a service.
- Decide if you would like to be a sole proprietor, a partnership of colleague/s or obtain investors that believe in your skill and service potential.
- Set an effective business plan to efficiently organize your hired workforce to economically/ sustainably direct & control time, resources and budgets to trace and analyse to account, prioritize and make wise decisions.
- Be fully aware that with owning also comes 24 hour responsibility to make your business run well, considering your needs, those of your partner/employees if any, and most importantly those of your customers.
This is not easy and it is demanding and you must be prepared to sacrifice what is not important to your service. Eliminate, reduce, minimize and focus, concentrate and deliver only what is important to your business.
The reward is respect, repeat business and earning your own living while helping your community survive, grow and flourish.
Good luck. Sal.