If you are considering self employment, then you really need to stop and take stock of your situation, your aspirations and your personality. Please work through the section, finding purpose and fulfilment if you haven’t already done so.
If you have never been self employed, you might not have considered the downsides: the total financial uncertainty, the lack of support if you fall ill, the absence of colleagues to discuss ideas with. Before making any decisions you certainly need to consult a financial and/or business adviser, as well as discussing it with your family or other dependants.
Considering self employment
Our aim is not to encourage or to discourage you from going self-employed, but to help you look at this option with your eyes wide open.
Watch our short video series, Considering Self-Employment
Run your business idea through our Self Employment Viability Checker