Study abroad can be an enriching and eye-opening adventure, where learning extends to the world beyond the classroom walls. There is no substitute for living and studying in a foreign country if you want to gain in-depth knowledge of another culture's customs, people, and language. In addition, you will find that living and studying or working in another country can develop important transnational competencies that can be of interest to future employers.
Personal Growth
Students who return from a study abroad program often see it as an experience which matured them personally and intellectually. They praise being exposed to new ways of thinking and living, which encourages growth and independence. For many students, going abroad to study is the first time they have really been away from 'home,' from familiar surroundings of the USA, as well as from friends and family. This is seldom an easy experience, but it is universally praised as worthwhile, often even life-transforming. After immersing themselves in a new culture, mastering the challenges of learning in a new and different academic environment, and experiencing the many highs and lows of being a 'foreigner,' students typically return home with increased self-confidence and justifiable pride in what they have achieved.
New Perspective on World Affairs
Study abroad can broaden your intellectual horizons and deepen your knowledge and understanding of international, political, and economic issues. It is almost certain that you will return from your sojourn abroad with a more informed and accurate perspective on world affairs. You will also have first-hand knowledge of how another culture approaches the tasks and challenges of everyday life, a sense of how 'global' the international culture has become, and an appreciation of the importance of international cooperation.
You will probably also gain a broader understanding of, and appreciation for, the United States, its way of life, and its role in international affairs. Through your professors, the other students in your program, and people you meet, you'll learn how others view the United States and its world role. If you live in a country where English is not the native language, or is spoken only by some, you will learn the practical importance of learning another language and using it.
Career Enhancement
But study abroad does more than promote academic enrichment and personal growth. It also can enhance your employment prospects, especially in the fields of business, international affairs, and government service. Employers increasingly seek graduates who have studied abroad. They know that students who have successfully completed a study abroad program are likely to possess international knowledge and often second-language skills. Such students are also likely to have other transnational competencies that graduate and professional schools and employers value just as highly: cross-cultural communication skills, analytical skills, an understanding of and familiarity with local customs and cultural contexts, flexibility, resilience, and the ability to adapt to new circumstances and deal constructively with differences. (See From Toward Transnational Competence, IIE 1997.)
What Are Your Reasons? What Are Your Goals?
After considering these potential benefits, you must still ask yourself why you, yourself, want to study abroad. Take some time to think about your reasons, for they will become your goals and your personal measures of success. Perhaps you want to learn a second language, or perfect one you already know. You might want to learn about another culture, diversify your studies, or prepare for graduate school. Maybe you want to travel and meet new people. Whatever your reasons are, write them down and share them with your professors, family, friends and, most importantly, with your study abroad advisor.
There are a host of valid reasons for wanting to experience foreign study. Whatever your reasons, they should be positive ones. Study abroad should not be seen as an escape route from problems at home or on campus. Adjusting to life and learning in a foreign environment will have its stressful moments, and the more you are able to focus on your goals, the more you're likely to benefit from the experience.
To be continued...
Friday 20 January 2012
How to Connect your Phone with Your Computer/Laptop for browsing
We can use Bluetooth technology to connect laptop and cell phone. We can move videos, images, photos etc from desktop computer or a laptop to our cell phones. In order to use Bluetooth technology to connect laptop and cell phone we need a laptop and a cell phone which support this technology. Try webhosting
If the laptop doesn't support it, we can use a USB Bluetooth dongle. Just plug it into the USB port of the desktop computer or laptop. Leave the rest to Microsoft Windows. It will find the driver and install it itself. If it is not supported, we can manually install it via the manufacturer's compact disk. Follow these simple steps in order to use Bluetooth technology to connect laptop and cell phone: (In this example, we are using Windows Vista.)
Turn on the Bluetooth feature on your cell phone.
Make this setting: my Phone's visibility -> Shown to all on the cell phone.
Open Bluetooth Devices by clicking on its icon in the Control Panel. 
OR
Look for the Bluetooth driver in the Device Manager and double-click on its icon.
Click on the Next button.
Click on the device name that you would like to add and click on Next.
It will now display the passkey. Key this into the cell phone. Now the laptop is initiating to install the Bluetooth device. (Click Yes as you see the prompt message on the cell phone to allow connection with the laptop.)
The Bluetooth device (the cell phone) is now displayed in Bluetooth Devices dialog box. Select the Bluetooth device and click on the Properties button.
Check the boxes for the services you want.
This method can also be used to connect laptop to Bluetooth devices like Bluetooth mouse, Bluetooth keyboard, Bluetooth headset, etc.
Nokia Secret Codes
Today tip is about the secret codes of nokia mobile phones and will work on most of the latest nokia mobile sets. You can display the hidden information of mobile sets and troubleshoot the routine problems using these codes.
Follow the list of latest nokia codes list:
Code Action
*#7780# To restore the factory settings of mobile set
*#3283# To verify the set Manufacturing date
*#746025625# To stop the sim clock
*#67705646# Use to delete the operator logo
*#73# Use to reset game scores and phone timers
*#0000# Use to display the mobile software version
*#06# To display the IMEI Number of the mobile
*#92702689# To display the mobile warranty related settings (Serial no, Made,
Purchasing date, Repaired date, Life time).
*#7760# To display the Production serial number
*#bta0# Use to display Bluetooth MAC address
*#9999# Use to display the mobile software version
*#147# If you are using Vodafone then this code will help you show the last call detail
*#2640# To display the mobile security code
*#7328748263373738# Apply to resets the set default security code
*#43# To verify the call waiting status
*#2820# To verify the Bluetooth information
*#7370# To format the mobile phone memory
*#delset# To delete the GPRS AND EMAIL settings
#pw+1234567890+1# To display the lock status of mobile set
#pw+1234567890+4# To display the lock status of your SIM
Thursday 19 January 2012
Procurement Assistant at U.S. Embassy in Abuja
United States Mission in Abuja, Nigeria is seeking to employ a suitable and qualified candidate for the Procurement Assistant position in the U.S Centers for Disease Control and Prevention Nigeria Office in Abuja.
Position: Procurement Assistant - FSN-5/FP-09 (Developmental Grade)
Subject: Procurement Assistant
Location: ABUJA – Centers for Disease Control and Prevention (CDC)
Note: This position will be filled at the FSN-05 level with promotion to FSN-06 and then to target grade of FSN-07/FP-07 upon completion of 52 weeks at each grade, with supervisor’s
recommendation).
Applicability: All Interested Candidates
Open To: All Interested Candidates
Work Hours: Full-time; 40 hours/week
Salary: OR -Ordinarily Resident–N1,651,315 p.a. (Starting basic salary) FSN-05/1
NOR - Not Ordinarily Resident - AEFM - US$31,963
EFM - US$27,431 Starting Salary p.a., FP-09/1
Note: all ordinarily resident applicants must have the required work and/or residency permits to be eligible for
consideration. Copied from: www.hotnigerianjobs.com
Basic Fuction of the Position
This is a non-supervisory position with major responsibility for all procurement actions performed by CDC Nigeria. This includes activities beginning with requisition all the way through product/service delivery and invoice reconciliation and control. All procurements will be tracked and available for management review. The incumbent will also provide back-up administrative and operational support to the CDC Nigeria front office.
Position Requirements
NOTE: All applicants are instructed to address each selection criterion detailed below
with specific and comprehensive information supporting each criterion.
When fully qualified, U.S. Citizen Eligible Family Members (USEFMs) and U.S. Veterans are given preference. Therefore, it is essential that the candidate specifically address the required qualifications above in the application.
Additional Selection Criteria
Application Deadline
28th December, 2011
How To Apply
Interested applicants for this position MUST submit the following, or the application
will not be considered:
Embassy of the United States of America
Human Resources Office
Plot 1075 Diplomatic Drive
Central District Area
Abuja.
Point of Contact:
Tel: 09-461-4000 Ext 4261
Fax: 09-461-4036
E-mail: HRNigeria@state.gov
Click here for more information
Position: Procurement Assistant - FSN-5/FP-09 (Developmental Grade)
Subject: Procurement Assistant
Location: ABUJA – Centers for Disease Control and Prevention (CDC)
Note: This position will be filled at the FSN-05 level with promotion to FSN-06 and then to target grade of FSN-07/FP-07 upon completion of 52 weeks at each grade, with supervisor’s
recommendation).
Applicability: All Interested Candidates
Open To: All Interested Candidates
Work Hours: Full-time; 40 hours/week
Salary: OR -Ordinarily Resident–N1,651,315 p.a. (Starting basic salary) FSN-05/1
NOR - Not Ordinarily Resident - AEFM - US$31,963
EFM - US$27,431 Starting Salary p.a., FP-09/1
Note: all ordinarily resident applicants must have the required work and/or residency permits to be eligible for
consideration. Copied from: www.hotnigerianjobs.com
Basic Fuction of the Position
This is a non-supervisory position with major responsibility for all procurement actions performed by CDC Nigeria. This includes activities beginning with requisition all the way through product/service delivery and invoice reconciliation and control. All procurements will be tracked and available for management review. The incumbent will also provide back-up administrative and operational support to the CDC Nigeria front office.
Position Requirements
NOTE: All applicants are instructed to address each selection criterion detailed below
with specific and comprehensive information supporting each criterion.
- Completion of Secondary School and two years of course work in business, administration, management or a related field
- Two years of progressively responsible experience in administration, procurement, finance and/or clerical support.
- Level IV (fluency) Speaking/ Writing/Reading in English is required.
- In-depth knowledge of administrative support procedures and standard regulations relating to procurement. Copied from: www.hotnigerianjobs.com
- Intermediate skill level in Microsoft Office packages is required.
When fully qualified, U.S. Citizen Eligible Family Members (USEFMs) and U.S. Veterans are given preference. Therefore, it is essential that the candidate specifically address the required qualifications above in the application.
Additional Selection Criteria
- Management will consider nepotism/conflict of interest, budget, and residency status in determining successful candidacy.
- Current employees serving a probationary period are not eligible to apply.
- Current Ordinarily Resident employees with an Overall Summary Rating of Needs Improvement or Unsatisfactory on their most recent Employee Performance Report ar not eligible to apply.
- Currently employed U.S. Citizen EFMs who hold a Family Member Appointment (FMA) are ineligible to apply for advertised positions within the first 90 calendar days of their employment.
- Currently employed NORs hired under a Personal Services Agreement (PSA) are ineligible to apply for advertised positions within the first 90 calendar days of their employment unless currently hired into a position with a When Actually Employed (WAE) work schedule.
Application Deadline
28th December, 2011
How To Apply
Interested applicants for this position MUST submit the following, or the application
will not be considered:
- Application for US Federal Employment (DS-174); or a current resume or curriculum vitae that provides the same information as a DS-174; plus.
- Candidates who claim US Veterans preference must provide a copy of their Form DD-214 with their application.
- Any other documentation (e.g., essays, certificates, awards, copies of degrees earned) that addresses the qualification requirements of the position as listed above.
- A type-written and signed application letter specifically applying for this position, and addressing the minimum requirements as advertised. Please reference the job title and announcement number on the application letter.
Embassy of the United States of America
Human Resources Office
Plot 1075 Diplomatic Drive
Central District Area
Abuja.
Point of Contact:
Tel: 09-461-4000 Ext 4261
Fax: 09-461-4036
E-mail: HRNigeria@state.gov
Click here for more information
Wednesday 18 January 2012
National Expert Democratic Governance (National Assembly, Political Parties)- readvertisement - Abuja, NIGERIA
Jobs
The Human Resources (HR) Unit is mandated to focus on strategic issues such as, capacity development, career repositioning and mentoring of staff. The HR unit handles recruitment, selections, placements, staff career development and performance management. Addittionaly, the Unit is responsible for staff learning, training and development. The unit supports other UN agencies (UNIFEM, UNAIDS, UNFPA, UNITAR, UNDSS, UNIC, UNIDO, UNODC, UNIDO, UNCTAD, IFAD, UNEP, UNOV and UN HABITAT) in managing their HR issues.
Please apply only for advertised vacant positions and internships as unsolicited applications will not be considered.If you are interested in working or volunteering for UNDP worldwide, click here.
Vacancies | |||||||||
|
Job Postings
Job Title: MASTER DATA MANAGEMENT
Closing Date: 19/01/2012
Click Here For Details
Job Title: BACK OFFICERS
Closing Date: 13/01/2012
Click Here For Details
Job Title: CASHIERS/TELLERS
Closing Date: 13/01/2012
Click Here For Details
Job Title: SALES CLIENT ADVISERS
Closing Date: 13/01/2012
Click Here For Details
Job Title: CLIENT ADVISERS
Closing Date: 13/01/2012
Click Here For Details
Job Title: SALES SUPERVISORS
Closing Date: 19/01/2012
Click Here For Details
Job Title: SALES MANAGERS
Closing Date: 19/01/2012
Click Here For Details
Job Title: MANAGER-DEPOSIT MOBILIZATION
Closing Date: 20/01/2012
Click Here For Details
Job Title: CHIEF FINANCE OFFICER
Closing Date: 20/01/2012
Click Here For Details
Job Title: INTERNAL AUDIT & RISK
Closing Date: 20/01/2012
Click Here For Details
Closing Date: 19/01/2012
Click Here For Details
Job Title: BACK OFFICERS
Closing Date: 13/01/2012
Click Here For Details
Job Title: CASHIERS/TELLERS
Closing Date: 13/01/2012
Click Here For Details
Job Title: SALES CLIENT ADVISERS
Closing Date: 13/01/2012
Click Here For Details
Job Title: CLIENT ADVISERS
Closing Date: 13/01/2012
Click Here For Details
Job Title: SALES SUPERVISORS
Closing Date: 19/01/2012
Click Here For Details
Job Title: SALES MANAGERS
Closing Date: 19/01/2012
Click Here For Details
Job Title: MANAGER-DEPOSIT MOBILIZATION
Closing Date: 20/01/2012
Click Here For Details
Job Title: CHIEF FINANCE OFFICER
Closing Date: 20/01/2012
Click Here For Details
Job Title: INTERNAL AUDIT & RISK
Closing Date: 20/01/2012
Click Here For Details
Recharge Card Printing continued
Now many Nigerians smile to the banks because of the several opportunities that GSM has thrown up since it started in Nigeria. Then many of these opportunities was reserved for the big players only, but today it has trickled down and what used to be exclusively for the big players can now be tapped into by savvy small investors, I mean anybody can start this business now.
Many Nigerians are making thousands of Naira weekly by just printing and selling recharge cards. You too can be part of this money spinning business opportunity by printing and selling recharge cards in your area. Yes you can make money from this business opportunity no matter your position or location.
ITEM NEEDED TO START THIS MONEY SPINNING BUSINESS ARE:-
Computer: Computer is needed but is not compulsory because you can start in a cyber café or computer business center beside you if you don’t have any.
Printer: Printer is needed but is not compulsory because you can use someone’s own to start.
Software: Software compulsory is compulsory because only through the software that you can print the pins out it also separates the pins, serial numbers etc.
Papers: Papers are compulsory because that is the only thing you can use to print out the pins and sell them.
E-mail: E-mail is compulsory because almost all dealers send the pins to sub-dealer through e-mail address you give them.
Internet: Internet is not compulsory because you can use cyber café to openyour mail and copy your pins.
Start-up capital: Start-up capital is compulsory is the money you start this business, remember that you buy these pins from registered dealers and you can start with as low as #1,000 only.
THE BALL IS IN YOUR COURT DEPENDING ON HOW MUCH YOU HAVE.
For us to help you start this great money spinning business we have our recharge card starter pack we are selling N5,000 only, but the first lucky 50 people will get the starter pack at our bonanza rate of N3,500 only, after the 50slots it will go to it normal price of N5,000only.
What we have in this great recharge card starter park are as follows:
Many Nigerians are making thousands of Naira weekly by just printing and selling recharge cards. You too can be part of this money spinning business opportunity by printing and selling recharge cards in your area. Yes you can make money from this business opportunity no matter your position or location.
ITEM NEEDED TO START THIS MONEY SPINNING BUSINESS ARE:-
Computer: Computer is needed but is not compulsory because you can start in a cyber café or computer business center beside you if you don’t have any.
Printer: Printer is needed but is not compulsory because you can use someone’s own to start.
Software: Software compulsory is compulsory because only through the software that you can print the pins out it also separates the pins, serial numbers etc.
Papers: Papers are compulsory because that is the only thing you can use to print out the pins and sell them.
E-mail: E-mail is compulsory because almost all dealers send the pins to sub-dealer through e-mail address you give them.
Internet: Internet is not compulsory because you can use cyber café to openyour mail and copy your pins.
Start-up capital: Start-up capital is compulsory is the money you start this business, remember that you buy these pins from registered dealers and you can start with as low as #1,000 only.
* You can be making between N40,000 to N120,000 monthly if you start in small scale.
* You can be making between N120,000 to N300,000 monthly if you start in medium scale.
* You can be making between 300,000 to N1,000,0000 or above monthly if you start in large scale.THE BALL IS IN YOUR COURT DEPENDING ON HOW MUCH YOU HAVE.
For us to help you start this great money spinning business we have our recharge card starter pack we are selling N5,000 only, but the first lucky 50 people will get the starter pack at our bonanza rate of N3,500 only, after the 50slots it will go to it normal price of N5,000only.
What we have in this great recharge card starter park are as follows:
· Two (2) softwares which you can start printing with immediately, with manuals on how to use them.
· Six (6) other manuels/e-books on recharge card/voucher printing business, with all dealers contacts in Nigeria where we expose all the registered dealers in Nigeria, contact of all dealers, phone numbers, website, e-mail, office address etc.
· Manual on how to sell recharge card, win customers and make money in recharge card/voucher printing business.
· Video tutorial on the recharge card biz which will show you more things you need to know about the business and many more.
· And many more gift available if you it within this bonanza period.
GET OUR MATERIALS (PACK) TODAY TO START PRINTING AND BEGIN TO MAKE MONEY IN THIS MONEY SPINNING BUSINESS, REMEMBER OVER 2 BILLION NAIRA IS BEING SPENT ON RECHARGE CARD DAILY IN NIGERIA, START TODAY AND GRAB YOUR OWN SHARE, RECHARGE CARD BUSINESS REMAIN THE FASTEST AND BEST BUSINESS IN NIGERIA TODAY.
I GIVE YOU ALL ASSURANCE THAT IF YOU PAY FOR ANY OF OUR PRODUCT IT WILL BE DELIVERED AS WE STATE IT HERE.
FTER GETTING OUR MATERIALS WE WILL LINK YOU TO ALL OF OUR BEST DEALERS THAT SELLS PIN CHEAP AND THE ONE CLOSEST TO YOU.
HOW TO ORDER THE RECHARGE CARD STARTER
Just pay N4,500 into any of our bank account stated below:
Account Name: Eke Israel.
Account Numbers: 6015391362 (keystone former bankPHB)
Phone Number: 08062611277
Please after payment text us your name, your mail address, eller number to 08062611277 within 24hrs we will send all the package as an attachment to your mail inbox which you will download and begin to use, but if you want it in cd form you need to pay additional N1,000 for Currier and it will be delivered to anywhere you are in Nigeria within 48hrs.
For more help call me.
Recharge Card Printing
RECHARGE CARD/VOUCHER PRINTING BUSINESS SECRET FULLY EXPOSED, NOW TURN YOUR COMPUTER INTO ATM MACHINE.
Recharge card/voucher printing business is for real, legal and legitimate as any legalize business in Nigeria, this business is open for everybody, that means you can print recharge card/vouchers with your name as an agent, which you can start with as low as N5,000 only but some dealers collect N10, 000 only as the start up capital with them.
Let me start by explaining what I mean by a recharge cards and a voucher:
Recharge cards means all these types of recharge card that before you recharge them you scratch the covered part of it to expose the pin numbers in mtn they are all yellow with tick small papers and other networks in their colours. Remember that these cards are being printed by dealers not mtn, mtn only send the pin numbers to the accredited dealers and they now print them out with one special machine.
While voucher are ordinary paper types of card that we recharge in our phones that both the pin numbers and serial numbers are not covered that means you don’t scratch this types of cards. They are printed in papers like A3 or A4 some have colour of logo of the network operators and some are filled with the colours of the network operators while some are being printed in black colours with the network logo also in black, remember you can print all denominations of cards in this voucher types e. g mtn from N100 to N1500 they are all the same and legal.
NOTE: You can print any type of recharge cards or vouchers but you only need to start somewhere, you start by printing vouchers first.
YOU ONLY NEED THE FOLLOWING TO START
1. Computer- Not compulsory, you can use business center or cafe to start (any computer, laptop/desktop/notebook)
2. Printer- Not compulsory (any printer, deskjet/laserjet)
3. Papers- Compulsory (any paper A3/A4)
4. Software- Compulsory (any recharge card software, like the one that we have for you)
5. Internet connection– Not compulsory (any internet connection that can open your mail inbox)
6. Start up capital- compulsory (minimum of N5, 000 or N10, 000 only)
7. E-mail address- Compulsory (any mail address, yahoo/gmail/hotmail)
ONLY THESE FEW COMPULSORY THINGS YOU START THE BUSINESS MAKING MUCH MONEY IN THE BUSINESS.
Now we have over 300 recharge dealers in Nigeria, It took me some months to compile all the recharge card dealers in Nigeria that means now you can know or from all the dealers, even the dealer in your area and your state, in this manual we listed over 300 dealers both mtn, glo, zain, visafone, etisalat and starcomms dealers in all states of Nigeria and FCT.
BONANZA!
With just N3,500 only for the first 20 lucky Nigerians will get our recharge card pack which are as follows.
1. 2 different recharge softwares for recharge card/voucher printing (that prints all network mtn, glo, zain, starcomms etc. )
2. 8 different manuals which are as follows
• 1 manual that contain over 300 dealers contacts, phone numbers, mail address, office address and websites of all the dealers in Nigeria even dealers that sells at est rate.
• 1 manual on how to use the first software to print recharge card/vouchers.
• 2 manuals on how to use the second software to print recharge cards/vouchers.
• Other comprehensive manuals that we put together for your success in the business, how the business look like, how to start the business, how to win customers, in fact A to Z of tips on how to make money in recharge card/voucher printing business.
3. A video that you can watch with your VCD, DVD or with computer that will teach you on how to print recharge cards/vouchers and everything about the business.
4. Adobe reader software that will enable you to open any e-book that is in PDF like our manuals.
To be continued...
Contact Caesarz Tips INC
08062611277
Recharge card/voucher printing business is for real, legal and legitimate as any legalize business in Nigeria, this business is open for everybody, that means you can print recharge card/vouchers with your name as an agent, which you can start with as low as N5,000 only but some dealers collect N10, 000 only as the start up capital with them.
Let me start by explaining what I mean by a recharge cards and a voucher:
Recharge cards means all these types of recharge card that before you recharge them you scratch the covered part of it to expose the pin numbers in mtn they are all yellow with tick small papers and other networks in their colours. Remember that these cards are being printed by dealers not mtn, mtn only send the pin numbers to the accredited dealers and they now print them out with one special machine.
While voucher are ordinary paper types of card that we recharge in our phones that both the pin numbers and serial numbers are not covered that means you don’t scratch this types of cards. They are printed in papers like A3 or A4 some have colour of logo of the network operators and some are filled with the colours of the network operators while some are being printed in black colours with the network logo also in black, remember you can print all denominations of cards in this voucher types e. g mtn from N100 to N1500 they are all the same and legal.
NOTE: You can print any type of recharge cards or vouchers but you only need to start somewhere, you start by printing vouchers first.
YOU ONLY NEED THE FOLLOWING TO START
1. Computer- Not compulsory, you can use business center or cafe to start (any computer, laptop/desktop/notebook)
2. Printer- Not compulsory (any printer, deskjet/laserjet)
3. Papers- Compulsory (any paper A3/A4)
4. Software- Compulsory (any recharge card software, like the one that we have for you)
5. Internet connection– Not compulsory (any internet connection that can open your mail inbox)
6. Start up capital- compulsory (minimum of N5, 000 or N10, 000 only)
7. E-mail address- Compulsory (any mail address, yahoo/gmail/hotmail)
ONLY THESE FEW COMPULSORY THINGS YOU START THE BUSINESS MAKING MUCH MONEY IN THE BUSINESS.
Now we have over 300 recharge dealers in Nigeria, It took me some months to compile all the recharge card dealers in Nigeria that means now you can know or from all the dealers, even the dealer in your area and your state, in this manual we listed over 300 dealers both mtn, glo, zain, visafone, etisalat and starcomms dealers in all states of Nigeria and FCT.
BONANZA!
With just N3,500 only for the first 20 lucky Nigerians will get our recharge card pack which are as follows.
1. 2 different recharge softwares for recharge card/voucher printing (that prints all network mtn, glo, zain, starcomms etc. )
2. 8 different manuals which are as follows
• 1 manual that contain over 300 dealers contacts, phone numbers, mail address, office address and websites of all the dealers in Nigeria even dealers that sells at est rate.
• 1 manual on how to use the first software to print recharge card/vouchers.
• 2 manuals on how to use the second software to print recharge cards/vouchers.
• Other comprehensive manuals that we put together for your success in the business, how the business look like, how to start the business, how to win customers, in fact A to Z of tips on how to make money in recharge card/voucher printing business.
3. A video that you can watch with your VCD, DVD or with computer that will teach you on how to print recharge cards/vouchers and everything about the business.
4. Adobe reader software that will enable you to open any e-book that is in PDF like our manuals.
To be continued...
Contact Caesarz Tips INC
08062611277
Tuesday 17 January 2012
TOTAL NIGERIA RECRUITMENT
Our business and industry is characterized as being customer driven, highly competitive and volatile. Our vision and objective is to continue to sustain our leadership position by ensuring that refined petroleum products are delivered to our customers efficiently and safely.
Every year, in all its business areas, Total recruits men and women with ambition and intellectual curiosity who share our values and believe in team work. They are the people who will determine the company's development in the years ahead.
We provide equal opportunity to all qualified persons who meet the requirements of the job regardless of gender, ethnic origin, religion or marital status.
Opportunities also exist for diverse professional fields and experienced individuals interested in challenging and rewarding career or just in need of a career change.
We seek persons who share our vision to produce high quality products that meet and satisfy the needs of our customers. This is the reason why we are in business.
The profiles of staff that make up our work teams include the demonstration of professional excellence, creativity, loyalty, respect and commitment.
Are you interested in having a professionally challenging career with wide ranging prospects, where you would work with the brightest minds in the industry?
Would you like to go on an adventure with a company that has brilliant future? Then the Total team is where you belong.
Click here for our job offers.
Monday 16 January 2012
Understanding Stress
Stress
In small doses, stress helps you to stay focused, energetic, and alert. But when stress becomes overwhelming, it can damage your health, your mood, your productivity, your relationships, and your quality of life.
Everyone experiences stress differently but there are some common warning signs and symptoms. Stress can easily creep up on you so that being frazzled and overwhelmed starts to feel normal. You may not realize how much it’s affecting you, even as it takes a heavy toll on your mind, body, and behavior.
You can protect yourself by learning how to recognize the signs and symptoms of stress overload and taking steps to reduce its harmful effects.
Understanding Stress
Symptoms, Signs, Causes, and Effects
Modern life is full of hassles, deadlines, frustrations, and demands. For many people, stress is so commonplace that it has become a way of life. Stress isn’t always bad. In small doses, it can help you perform under pressure and motivate you to do your best. But when you’re constantly running in emergency mode, your mind and body pay the price.
If you frequently find yourself feeling frazzled and overwhelmed, it’s time to take action to bring your nervous system back into balance. You can protect yourself by learning how to recognize the signs and symptoms of stress and taking steps to reduce its harmful effects.
What is stress?
Stress is a normal physical response to events that make you feel threatened or upset your balance in some way. When you sense danger – whether it’s real or imagined – the body's defenses kick into high gear in a rapid, automatic process known as the “fight-or-flight” reaction, or the stress response.
The stress response is the body’s way of protecting you. When working properly, it helps you stay focused, energetic, and alert. In emergency situations, stress can save your life – giving you extra strength to defend yourself, for example, or spurring you to slam on the brakes to avoid an accident.
The stress response also helps you rise to meet challenges. Stress is what keeps you on your toes during a presentation at work, sharpens your concentration when you’re attempting the game-winning free throw, or drives you to study for an exam when you'd rather be watching TV.
But beyond a certain point, stress stops being helpful and starts causing major damage to your health, your mood, your productivity, your relationships, and your quality of life.
How do you respond to stress?
It’s important to learn how to recognize when your stress levels are out of control. The most dangerous thing about stress is how easily it can creep up on you. You get used to it. It starts to feels familiar even normal. You don’t notice how much it’s affecting you, even as it takes a heavy toll.The signs and symptoms of stress overload can be almost anything. Stress affects the mind, body, and behavior in many ways, and everyone experiences stress differently.
To be continued...
How to set up your own business
How to set up your own business
Self-employment: Why do it?
Why become self-employed?
In some sectors, such as the media, the Bar and the creative and performing arts,
self-employment is a standard way of working. For others, it is a lifestyle choice,
achievable by:
• setting up a business, either on a full-time basis or alongside a part-time job;
• working as a freelancer or contractor;
• buying into a franchise.
Whatever your choice, there are pros and cons.
The benefits
• Earn more money. Self-employed people generate their own income and profits.
• Freedom to do projects that you enjoy, move in different directions and take new
approaches.
• Use a particular talent such as a technical aptitude or creative skill.
• Be your own boss.
• Choose your hours of work.
• Take charge of your future. Working for someone else makes you vulnerable to
redundancy, closures or mergers.
• Work from home or operate out of your own separate premises or move around
different locations as a contractor.
• Free yourself from the stresses of the conventional workplace - office politics, targets,
meetings and constant demands.
• Live off your wits and your own efforts rather than depending on an employer.
• Receive extra tax benefits.
The risks
• You cannot guarantee a large salary or income of any kind! Competition, economic
fluctuations, and changing tastes can all affect this.
• When you start out, you may not be making much money or it may not be arriving at a
predictable rate.
• You must earn enough to live, so you might need to support yourself in another way
while seeing your idea take off.
• Working on your own means you are responsible for the day-to-day running of the
business. This may mean doing tasks that you dislike.
• You need a product for which there is a demand. This might depend on having a
certain image, technique or product.
• The buck stops with you! Taking an unwise decision could dent your income.
• Expanding too rapidly or conversely not being quick to seize a chance, might be
detrimental.
• Your hours will often be dictated by your customers and clients. You have to respond
to their needs or forfeit money and good will.
• Working from home is most effective when you have the space and facilities to do so.
If you work out of other premises, you will have to pay rent and other overheads.
• It’s impossible to escape some pressure, especially the kind coming from clients and
customers.
• By not being employed you are potentially losing a range of benefits and a support
infrastructure, such as computer help.
• Setbacks may impact on your confidence and profits. Be realistic, learn from
difficulties and make contingency plans.
• To obtain tax benefits, you usually need to pay out money first. You’ll also have to
make your own pension and health insurance arrangements.
Self-employment: Skills and qualities
It doesn’t matter if you have ‘a good degree’ or not. No one will care whether you have an
HND, a PhD, a string of As at A-level or just one GCSE. Dame Anita Roddick, Sir Richard
Branson and Sir Alan Sugar all achieved honours, recognition and business success
without a degree. You only need qualifications if they are a prerequisite for running your
business, for example, if you’re setting up as a dentist or consulting engineer. Otherwise,
they’re not essential, although they may give you credibility.
The business world and academia require a different or complementary skillset for
success. Strategic thinking and a broad range of skills are what counts. Research might
only be carried out on a 'need to know' basis because the key factor is to get things done.
Have you got what it takes?
• Could you be a risk taker? No business is risk free, so you need to judge the level of
danger correctly and then be sufficiently well prepared to live with the consequences.
• What is your response to uncertainty - do you find this exciting rather than worrying?
Are you prepared for changing markets, competition, economic fluctuations?
• Do you see change as a challenge? Can you minimize its downsides by careful
thought and planning?
• Are you opportunity aware? Given even half a chance do you take it? Better still, can
you see it coming before anyone else does? Or are you too cautious or
over-analytical?
• How hard can you work? Being self-employed is not an easy option especially if you
are working on your own. Results are often only produced by working long hours,
doing routine tasks rather than high powered business deals.
• Are you a realist? Can you gauge in practical terms what it’s possible to achieve or
produce within a certain period? In business terms this translates into: being aware of
limitations; striving for speed, efficiency and quality; pricing your output so that it
appeals to clients but at the same time pays you a realistic wage. Are you able to
visualise the product or service you are offering through your customers’ eyes?
• How well organised are you? You’ll need to be an excellent time manager. If you don’t
already possess this skill, it can be learned! How else will you juggle tasks, meet
multiple deadlines, prioritise conflicting demands and cope with basic administration
such as sending out invoices? No one is going to pay you unless you remind them.
• Do you plan ahead? You need to do this to minimise uncertainties and maximise your
chances of success. You may have enough work now but unless you inform more
people about what you do, it may soon dry up.
• Will you be able to network? It is essential to be able to market yourself and your
business, often in social situations. Constantly putting yourself in a position to meet
potential customers or contacts is a prerequisite.
• Are you literate and numerate? What’s your relationship with computers? If you are
not totally familiar with any of these functions you may have to pay other people to
help with bidding for funds, doing the accounts and dealing with IT.
• Do you possess commercial awareness? Do you know how to attract and retain
customers, make a profit and corner a share of the market?
• What’s your level of commitment? Do you believe in yourself and in your own
business idea? Self-employment is not always a comfortable option or an easy
alternative to finding regular work. Doubts or a half-hearted approach can be
disastrous.
• Are you self motivated? Running a business can sometimes be a lonely occupation.
No one is going to motivate you other than yourself.
• What does professionalism mean to you? Will you turn up to meetings on time,
present a businesslike image, and do the necessary homework?
Self-employment: Common areas of work
Information technology
Home computers, small businesses who cannot afford full-time IT people and
organisations which need to augment their computer staff for different projects present
fantastic opportunities for those who want to be self-employed. Job roles include:
• IT consultant;
• IT trainer;
• Web designer.
Opportunities for new graduates are reasonable, especially in web design/development
and IT training, but less so in contracting.
The arts
Graduates in fine art, craft, visual and design disciplines sometimes become
self-employed by choice, more often through necessity. Examples of jobs include:
• Graphic designer;
• Illustrator;
• Printmaker;
• Metalwork/silversmith designer.
Income from sales and commissions may not be enough to live off. Many people take
part-time jobs to support their practice.
Health and exercise
The media
A significant number of those working in the broadcast and printed word industries are
self-employed, freelance or on short term contracts. It is common to have to ‘pitch’ for
work. Job areas include:
• Film/video editor;
• Magazine journalist;
• Make-up artist;
• Runner, broadcasting/film/video;
• Writer.
Talented graduates can progress rapidly in this area. For others, it is an uncertain process,
accompanied by unpaid work, unemployment or under-employment.
The performing arts
Self-employment is the ‘norm’ for all performers and some technicians. They need to be
pro-active, approaching venues or putting together ensembles. Examples of jobs include:
• Actor;
• Musician;
• Theatre stage manager.
Luck and being in the right place at the right time can count as much as talent and hard
work, but getting a foot on the ladder could be a lengthy process.
Business and the law
Self-employed consultants provide expertise across a variety of commercial services.
Locum work (short-term cover for time-bound periods) is also possible. Job roles include:
• Accountant - chartered accountant; chartered certified accountant; chartered
management accountant; chartered public finance accountant;
• Barrister;
• Human resources officer;
• Management consultant.
It is rare, but not unknown, to make an impact without a previous professional background.
For information on other individual occupations, check out explore types of jobs.
Self-employment: Types of business
Sole traders
Most people who start in business do so as sole traders, working on their own, often from
home. They alone receive the income and are therefore liable for any losses or debts.
Having no colleagues can be liberating, but might equally be isolating with no one to
provide motivation or inspiration.
Partnerships
You could set up in business with one or more colleague(s), relative(s), or friend(s). This
form of business relationship is usually known as a ‘partnership’. Each partner might be
equal or some may have a larger share of the business. Your income and liability are
proportionate to your share in the business.
Limited companies
As a limited company, the business is registered with Companies House
(http://www.companieshouse.gov.uk). There are more regulations associated with running
a business this way but these are generally offset by tax advantages. Those directing the
company have shares proportional to their involvement.
Franchises
A surprisingly high number of well-known commercial concerns are franchises. They
expand by getting other people to buy into their business, making an initial payment which
secures equipment, raw materials, training and a well-known commercial name, then
running a branch of the business to make an individual profit. There are numerous
possibilities for franchises throughout the UK. An obvious advantage is that it presents a
’best of both worlds’ scenario. On the other hand, initial outlay can be high and income is
not guaranteed. Read the small print, ideally in the company of a solicitor, to be sure that
the franchise agreement is favourable to you.
Cooperatives
This is a group of like minded people with similar aims and business interests. Often
community based, they are owned and run democratically, with everyone given a say.
Profits are returned to members and typically involve employee share schemes. They are
not centred on making large amounts of cash, but are frequently creative, practical or
founded on ethical values.
Buying a business
Taking on an existing business may seem to cut out some of the legwork involved in
starting up on your own, but make sure you do your research! It will be much easier to
invest in an established firm with a solid customer base and a motivated workforce, rather
than one with liabilities or a poor reputation. You can find a business to buy through local
press, estate agents, trade associations and websites dedicated to this sort of provision.
Social enterprise
This is an expanding area and has evolved from a desire to help the disadvantaged,
providing much needed resources or services in disadvantaged areas and offering
employment to those who would otherwise be unwaged. A well-known example is ‘The Big
Issue' newspaper.
Charities
The Charity Commission for England and Wales (http://www.charity-commission.gov.uk),
can provide advice and you will have to register with it to qualify for certain tax
advantages. Certain trading activities are barred to organisations with charitable status.
Barristers
It is an ancient tradition that the majority of barristers work at the 'independent' bar. Based
in offices or 'chambers' with professional colleagues, their income comes from cases
allocated through solicitor contacts and their own clerks. Very junior barristers tend to be
offered relatively low level cases. Their fees reflect this, rising as they make their
reputation.
Freelancing
Freelancers offer a skill or service to other businesses which employ them as needed for
particular projects or for set lengths of time. They may be given office space or work from
home, delivering work to (often tight) deadlines. Some freelancers will actively market
themselves. Others may obtain work through agencies or by a direct approach from
employers.
Self employment: Getting started
Your business idea
Your first consideration should be whether:
• you have a skill or an idea to sell;
• there is a market for what you can offer.
One without the other spells disaster. Remember that you need not be proposing
something original, but putting your own stamp on a well-represented trade such as
translating or running a restaurant.
If you are proposing a new invention or concept or crafting something creative such as a
play or a design, take steps to protect these from being copied, used without permission or
exploited. The key factor is to keep tangible dated evidence that confirms your ownership -
in court if necessary.
A patent can be taken out which gives you exclusive rights to make, use and sell your idea
or invention and prevents others from misusing it; a trademark entitles you to further
protection. Copyright and design right (covering content and appearance) are automatic in
the UK, but are notoriously difficult to prove legally. Always add the copyright symbol to
work that you send out, keep any originals and mail yourself copies via recorded delivery.
Consider paying to register your design.
Some solicitors specialise in this area which is known as intellectual property and may give
initial consultations for free. The British Library (http://www.bl.uk), has a section devoted to
this topic, as do websites of organisations such as The UK Intellectual Property Office
(IPO) (http://www.ipo.gov.uk).
Working with others
Collaborating with a partner(s) can be a good way to get your business off the ground and
is especially useful if you each have different skills to bring to the enterprise. But don’t
jeopardise important relationships, not to mention the business itself, by assuming that all
will be well. Ask a solicitor to draw up a tailored agreement about how the business will be
run and what will happen in certain eventualities.
Doing your research
There is groundwork to be done on practicalities such as funding, legal considerations,
markets and competitors. Don’t neglect this as it is the foundation on which your
successful business will be based.
Business name
This may be your name accompanied by an indication of your role, e.g. ‘Jane Smith,
Advertising Consultant’. Alternatively you could adopt a memorable title and perhaps a
logo. If it’s a limited company, it must be registered in a name of its own.
You’ll have to check whether something similar or exactly the same is already in use.
Companies House (http://www.companieshouse.gov.uk), is the main source of this
information and on what terms are allowed and appropriate.
Your business and IT
You will need an up-to-date computer and a dependable internet connection, plus a
dedicated and professional sounding email address. In addition, you will probably need
some standard office programs such as Word and Excel and maybe specific packages
e.g. SPSS if you are dealing with statistics or Adobe Photoshop for creative work. A
website may be an optional extra at first, unless you need it for e-commerce.
If you lack IT skills, try to negotiate a good rate with an up and coming web designer who
wants to showcase their talents.
Just as your business name should be unique, so your web name should not replicate or
resemble anyone else’s. Ideally it will reflect the nature of what you are providing. You can
register at Nominet (http://www.nominet.org.uk), which has information on suitable and
available internet addresses.
Registering as self-employed
When you start working on your own behalf, you have a few months to register as
self-employed for tax and National Insurance (NI) purposes. This process starts with one
phone call to the local tax office. You’ll get a unique reference number (which can be
quoted when tendering for work) and then be invoiced for NI contributions each quarter.
Extra NI is payable through income tax.
If you have several jobs or are still employed while getting a business up and running, you
can register as both employed and self-employed.
Premises
Many businesses have started on the kitchen table with one phone line and access to the
nearest cyber café, but this is a minimum requirement. Compartmentalise your
accommodation as much as possible if working from home.
Tenants may find restrictions on using their home as a workplace, while individual councils
have additional regulations on what work can be done in residential areas by tenants or
owner occupiers.
Your business might necessitate buying or renting premises such as a studio or office
space. The former option could mean a hefty down payment and/or taking out a mortgage.
You would then be responsible for maintenance of the building. Renting means negotiating
a good deal with the landlord and, in particular, seeing what your money covers: often it is
just the space, nothing more. Whether you own the property or not, it is probable that you
will have to pay for the following: insurance, business rates, and items such as water
supply, heating and security. You may also have to contribute to cleaning and other
services.
An alternative is working out of a communal space (such as artists’ workrooms or a clinic
shared by several therapists) where all expenses can be shared. Cheaper options include
workspaces rented out to small businesses by enterprise agencies and charities.
Health and safety
Even if you are based at home, make a risk assessment of your work station(s) and take
into account potential sources of danger or accidents.
If you are in external premises, these must conform to health and safety laws in terms of
features such as fire hazards and escapes, planning consent, ventilation and
environmental issues. The list becomes longer if you are employing people or allowing
access to members of the public. More regulations come into play when running certain
businesses e.g. construction or food related.
The Health and Safety Executive (HSE) (http://www.hse.gov.uk), supplies guidelines on
these matters and they or a local environmental health inspectorate may make regular
checks.
Advice and help
If you are still studying, your college may run sessions on setting up in business and your
careers library should contain some information on this. Many universities now offer
entrepreneurship MAs.
Councils and adult education colleges often provide classes on self-employment.
Jobcentres or local careers services may have advisers who can deal with start-up
queries.
Banks
Every bank on the high street gives away free information on this topic.
Websites
Numerous organisations have websites covering all the factors to be considered in depth.
For a comprehensive overview of everything you need to know, go to the Business Link
(http://www.businesslink.gov.uk) website, or its publications and courses.
Charities and other similar enterprises
The Prince's Trust (http://www.princes-trust.org.uk) and the National Council for Graduate
Entrepreneurship (NCGE) (http://www.ncge.org.uk/), for example, nurture intending
entrepreneurs and support them in developing their ideas. Likewise some businesses run
competitions and events for this purpose: the best known of these is Shell LiveWire
(http://www.shell-livewire.org).
Membership of professional bodies, trade associations and unions
The National Union of Journalists (NUJ) (http://www.nuj.org.uk), for instance, can tell you
about freelance rates of pay. The The Chartered Society of Designers (CSD)
(http://www.csd.org.uk), will help with copyright issues. Some sectors have their own
careers services which are fully clued up on matters relating to self-employment. Skillset
(Sector Skills Council for the Audio Visual Industries) (http://www.skillset.org) is a prime
example of this.
Other relevant bodies and sources of advice are listed in the contacts and resources
section.
Self-employment: business plans
Why write a business plan?
Your business plan is the cornerstone on which everything else is built. Without it you:
• will have little credibility;
• will not be able to obtain funding.
Even if money is not a prime consideration, don’t make the mistake of thinking that the
plan is optional. It spells out for you, and anyone else, your goals and strategies and how
you intend to achieve these.
Opinions, even amongst hardened business advisers, differ as to how long the plan should
be. Brevity is admirable, but not at the expense of clarity. Too long winded and you are in
danger of seeming unfocused.
Somewhere between 15 and 25 pages is optimum.
What should it include?
It should contain most, if not all, of the following headings:
• Introduction: this should put your business and your proposals in context. A summary
of the entire document would be useful at this point.
• Overview: information about the sector(s) in which you will be operating, showing an
understanding of the market and of the competition.
• Product: what are you offering, what differentiates it from similar items, what unique
factors can you bring to the end result?
• Objectives: what qualitative and quantitative targets do you have in mind?
• Marketing plan: demonstrate that you know your customer base, you have identified a
niche for yourself and you have a clear idea of how to move forward and corner a
share of the market in the immediate, medium term and longer term future. You
should describe a well rounded strategy for promoting your business using an
appropriate range of methods and media.
• Sales forecast: indicate costings, pricings, delivery, seasonal factors and other
variables e.g. outlets for your work.
• Operating plan: show how the whole process will work in practice and taking into
account what resources you will need.
• Quality control: how you will ensure that the product or service is of marketable
standard? What checks will you apply?
• Budget and cash flow: projections, models and specimen accounts could accompany
this. You could also include an outline of how you will support yourself and the
business while it is in its infancy.
• Outcomes and evaluation: demonstrate how you will know if you have achieved/partly
met your goals and how you are going to monitor progress. This is a good place to
indicate milestones along the way where you can stand back and monitor the
business’s development objectively at regular intervals.
The following additional documentation will be useful:
• contingency arrangements for all of the above: what fallback will you have if things fail
to run smoothly?
• SWOT analysis (a breakdown of the strengths, weaknesses, opportunities, threats
inherent in your plan);
• testimonials from potential customers, suppliers, sponsors;
• lists, articles and appendices that add weight to your plans;
• your CV.
All of this must be backed by hard facts - statistics, figures, analyses, diagrams. Potential
funders and business advisers will expect you to be able to talk this through as fully as
possible and will pounce on any perceived weaknesses. They are not likely to lend you
assets or assistance unless they can predict a return on their input! One of the most
common discrepancies is not including sufficient essential detail. For example, when it
comes to pricing, have you investigated what similar goods and services cost, have you
thought how much time you will have to invest in order to produce an acceptable product?
(Your time is money, so how does that translate into a feasible hourly rate?)
Further information about writing a business plan can be found in many of the paper and
electronic information sources recommended in the contacts and resources section.
The plan is a work in progress: it should grow organically, not remain static. If it’s
successful, you will revise and hone it - possibly with the same advisers who originally
accepted it.
Self-employment: Funding
What sort of funding will I need?
For the majority of new businesses, start-up costs are a priority. The sorts of resources
that you might need will vary but would generally fall into these areas:
• Equipment: the term could cover anything from a laptop computer to heavy plant or
industrial standard tools and machinery.
• Accommodation: renting or buying a work place.
• Training: additional course(s) to give you the skills and knowledge required.
• Infrastructure: setting up systems and processes to move the business forward.
• Marketing: promoting and advertising.
• Administrative costs: phone calls, postage.
• Employing staff.
• General development: you might need time/money to do further research or develop
products/services.
The necessity for extra funding doesn’t stop when you’ve got the business up and running
- you may need to expand your activities, but still lack the capital needed to do so.
Are there any other costs?
It’s recommended that you obtain various types of insurance - buildings and contents,
professional indemnity to safeguard you against legal action, health cover in case you are
ill and cannot work, public liability if your premises are accessible to people not connected
with the business. You’ll also need to think about taking out a private pension.
Where can I do research and get advice?
The Business Link (http://www.businesslink.gov.uk) website, has links and ‘signposts’ to all
types of funding opportunities, regionally, nationally and across Europe. It includes a
facility where you can type in details of your background and business proposals and
generate lists giving possible sources of support.
What kinds of funding are there?
Funding can be split into four main types:
• All of the high street banks will consider loaning money for business purposes.
• Grants, awards and matched funding can be accessed from local, regional and
national agencies that back enterprise.
• Charities provide grants, awards and matched funding. They may, like the Prince's
Trust (http://www.princes-trust.org.uk), have a specific remit for business start-ups or
it could form just a part of their brief.
• Some business firms and professional bodies offer grants and sponsorships.
• Business angels and venture capitalists are constantly on the lookout for potentially
large scale commercial opportunities in which to invest.
• Private loans and investments from friends and family mean interest rates are likely to
be negligible. However, they may not provide the on-going mentoring and support
available from other sorts of funders. If you go down this route, get a legal contract
drawn up in case disputes arise later.
How do I apply for funding?
Almost any organisation offering funding will want proof that you will use the money wisely
and will want to see your business plan and discuss it in detail before handing over any
money. Unsuccessful applicants who nearly make the grade might be encouraged to
return when they have done more research or acquired additional evidence. You might
occasionally be asked to enter some form of competition or selection process.
Are there strings attached?
• Most providers like to see evidence of personal investment as that shows your
commitment.
• Funders may specify certain uses for the money such as projects with a social
enterprise bias.
• Many lenders and investors will monitor how you use the money, perhaps by setting
targets and outcomes. Some funding is staggered and later payments are dependent
on how well you have utilised the first tranche of cash.
Self-employment: Sales and marketing
Know your customer
Who are your customers, in terms of age, location and income? A gut feeling that there is
a niche for your product will not convince business advisers and lenders. Your
investigation should also give an overview of the competition and potential product
demand.
There are formal statistics to help you at local or national level, in the shape of government
data, electoral rolls, consumer surveys, sector reports such as those published by Mintel
(http://www.mintel.com), information held by trade and professional bodies. The Data
Protection Act and commercial considerations mean that you may have to pay to access
this. Use local or specialist libraries which may hold licences for subscription only
websites.
Initiate your own research, whether it is:
• a ’vox pop’ e.g. stopping people in the street;
• testing your idea with sample groups of customers;
• phone surveys;
• a series of focus groups;
• formal mailshot;
• using the ‘webCHeck’ service run by Companies House
(http://www.companieshouse.gov.uk);
• sizing up competitors’ products on the web, in shops or by pretending to be a potential
client.
This will be the foundation for a:
• sales forecast: how much you can expect to sell, where and at what price;
• marketing plan: how will you develop your activities at set stages in the foreseeable
future?
Promoting your business
Concentrate on the basics. Business cards and matching headed paper are cheap and go
a long way in establishing a professional image. You can use these wherever you decide
to network.
Some suggestions for networking:
• exhibitions, trade events and conferences: take a stand or just mingle with potential
clients;
• structured opportunities provided by Chambers of Commerce, Business Network
International (http://www.bni-europe.com), professional associations and institutes;
• Business Link (http://www.businesslink.gov.uk), is helpful if you need to locate certain
types of business or business people.
Some organisations offer mentoring on your marketing strategy which may take in factors
such as pricing, branding and media mix. Business Link’s website has links to online
marketing courses.
Advertising the product
Blowing your entire budget on advertising may not produce the biggest return. Select the
publication(s) or website(s) carefully. Find out as much as you can about coverage,
circulation, target audience and readership. Do they reach your intended customers? A
mix of media can be particularly effective e.g. radio and the Yellow Pages.
Cheaper methods include:
• leafleting (door to door, high street);
• sending out press releases or arranging free ‘advertorial’ features in the press;
• asking professional bodies to place your details on their websites;
• an easy to navigate website.
The best advertisement is you. By delivering good products, excellent service or original
ideas, word will get about and you’ll hear from new clients.
Tendering for contracts
You may be asked to bid for work and contracts against competing suppliers. There are
certain conventions to bear in mind:
• Don’t omit vital information such as costs, processes, deadlines. Follow any
guidelines to the letter and show how you will meet any specified criteria.
• Use terms such as ‘outcomes’, ‘targets’, ‘deadlines’. Show that you have measures in
place to control quality.
• If you can deliver something ‘value added’ to the contract, make this explicit.
If in doubt, use the services of a professional bid writer - at least for the first tender that
you complete.
E-commerce
If you are running your business via the internet, take professional and legal advice to be
sure that you meet acceptable standards and comply with regulations. These include:
• computer capacity - a website which constantly crashes will lose customers;
• data protection/security for customers and yourself;
• branding, domain name and a user friendly site that is easily accessed by search
engines;
• reliable systems for online payment;
• compliance with legal requirements such as the Goods and Services Act.
Business Link can point you towards e-marketplaces which match up manufacturers,
distributors and others in the chain.
Self-employment: Managing finances
Cashflow
The biggest difference between being employed and working for yourself is cashflow.
When you have a job, you know that there will be a regular salary and when it will be paid
into your bank account. Running your own business means that there is no such certainty
and monthly outgoings may well exceed what comes in. This is something of a constant
juggling act even for successful companies. With start-up businesses, even allowing for
initial setting-up costs, there will be no income until you find customers and they have
decided to pay you. They may be in no particular hurry to do this! Eventually, your
business will settle into a pattern and you will be able to forecast your earnings, outgoings,
late payers and seasonal fluctuations.
Some possible solutions are:
• Sending out invoices straight away and quoting ‘28 days terms’. This may not make
clients and suppliers pay up within the month, but it will show that you mean business
in every sense of the term.
• Banks, tax offices and business mentors can advise on a range of schemes whereby
you can control debts, defer them and set them against tax or anticipated income.
• Bank loans: bear in mind these are not an inexhaustible supply and will eventually dry
up or be called in. It’s far better to deal with the problem at source.
Book-keeping and accounting
Keeping accurate records and accounts is vital because it provides evidence from which
HM Revenue & Customs (HMRC) (http://www.hmrc.gov.uk), will decide your tax bill. You
will not necessarily have to use a very complicated system but it will need to be organised
and methodical. Without it, you risk losing out on payments and being penalised by the tax
office. Keep accurate files of payments in and out, expenses incurred etc. Make sure that
these are backed by evidence in the form of receipts, bank statements and other
documentation. Anything relating to tax must be kept for seven years.
There are all sorts of simple models for book-keeping and accounting, both online and in
paper form. These are readily available through banks, websites and basic start-up
information packages.
Tax returns
As a self-employed person, you will complete annual self assessment tax returns. If you
miss the deadlines, you could be fined on a daily basis. You can complete your own
return, employ an accountant to do so, work out what you owe yourself or file an early
return, in which case HMRC will calculate what is due. The tax is then normally split into
two annual payments.
Items such as transport, telephone, postage, office supplies, accommodation and
equipment can all be set against tax. In many cases so can expenditure on heating,
lighting and other utilities. Even your accountant’s assistance can be claimed as a
justifiable expense which is why a large proportion of self-employed people use an
accountant to make sure that their tax payments are minimised and every potential tax
break is maximised.
Registering for VAT
If you supply goods and services whose value goes above a certain annual threshold
(currently just over £60,000) then you must register straightaway for Value Added Tax
(VAT) and pay this throughout the year at fixed intervals. Failure to do so means a fine
which accumulates the longer the tax is unpaid. There are different rates of VAT which
apply to a variety of goods, services and situations.
Depending on your individual circumstances, you might gain some tax advantages by
voluntarily registering even if your turnover is below the threshold.
Additional VAT is also payable on imports and exports. Levels vary according to criteria
such as the items in question and the country or countries involved. Again, meticulous
record keeping is vital.
HMRC run short courses across the country covering most of the issues raised here. They
also have a range of national helplines and you can always contact local tax offices for
instant advice.
Getting in and out of debt
It is likely, but not inevitable that you will get into debt. Follow the suggestions here and in
the section on getting started and you should avoid the worst problems. Seek help as soon
as you get into difficulties, not when you are going under. Banks, accountants, tax
personnel and business advisers may all be able to come up with strategies to get you out
of trouble or avoid it altogether.
Self-employment: Employing people
Employing staff can ease your workload but it does mean that you are responsible for their
remuneration and welfare. There is legislation with which you have to comply and good
practice which you should adopt. Much of this applies whether you have a full-time
permanent workforce or not. ‘Outworkers’, part-timers, temps, freelancers,
commission-based workers and volunteers are all entitled to be treated fairly and may
themselves have to meet certain standards and codes of conduct, from the selection
process onwards.
Paid staff
If you are paying anyone for the work they do, then it is up to you to ensure that their tax
and National Insurance (NI) obligations are met. Check that freelancers have made their
own arrangements for this, while other staff must be covered by the Pay As You Earn
(PAYE) system where tax and NI are deducted at source from their pay packets. They are
entitled to an itemised pay slip and other documentation such as a P60 at the end of the
financial year.
Be aware that there are regulations around subjects such as minimum wages, hours of
work, sick pay, flexible working, annual leave, maternity leave, employers’ liability
insurance, repayment of staff members’ student loans and redundancy. Also, as your
business grows, you may need to have formal pay scales and promotion structures in
place.
The rules surrounding all of this are tremendously complex so it is vital to seek
professional advice from your accountants, solicitors and HM Revenue & Customs
(HMRC) (http://www.hmrc.gov.uk), before setting up a payroll system and maintaining
necessary records.
Pensions
At present the occupational pensions system is in a state of flux. However, your
employees should be advised of any arrangements that you have in place for them or of
the need to make their own arrangements. If you employ more than five staff, it’s likely that
you’ll have to offer some kind of stakeholder pension scheme. There are different types of
schemes and various levels of employer/employee contributions to these. You will receive
tax benefits for paying into your employees’ pensions.
The Pensions Regulator (http://www.thepensionsregulator.gov.uk) and the Department for
Work and Pensions (DWP) (http://www.dwp.gov.uk/) can advise on provision, registration
and other issues.
Making job offers
If you are advertising a post or deciding who to employ, then you must pay due regard to
anti-discrimination laws. With few exceptions, it is illegal to deny anyone a job on the
grounds of gender, race, religion, sexual orientation, disability or age.
When you do find the right candidate, they should be given a formal contract of
employment, clearly laying out the terms and conditions under which they are employed,
including pay, annual leave, hours, notice and any probationary period. Most solicitors can
advise on this and draw up a standard or customised document.
Pre-employment checks
Before you confirm a job offer, you should take up references and check that both these
and the candidate’s CV/qualifications are valid and truthful. Their previous employment
history and any convictions may also be followed up. Care is also needed to make sure
that you are within the law when employing children under 16, young people under 18 and
workers from outside the EU (including students) who will require work permits and visas.
If any member of your staff is likely to come into contact with children and vulnerable
adults, then a Criminal Records Bureau check is mandatory.
Disputes
If you’ve selected your staff wisely and treated them well it’s unlikely that major problems
will arise. If there are disagreements or if you need to discipline or dismiss one of your
employees, there are rules in place to ensure that this is done justly and properly. The
Advisory, Conciliation and Arbitration Service (ACAS) (http://www.acas.gov.uk) (ACAS)
can provide support on this and may also mediate to prevent matters escalating. Both
ACAS and the Chartered Institute of Personnel and Development (CIPD)
(http://www.cipd.co.uk) have useful tips on employing people and on what constitutes a
model workplace.
Self-employment: Case study
Penny and Amy, Artburst
Penny and Amy are lifelong friends who set up their social enterprise ‘Artburst’ in London’s
Hackney. It uses imaginative interactive workshops covering art, crafts, drama, movement
and story-telling to explore different skills and cultures.
Penny explains, ‘I was working as a freelance artist and arts facilitator. Amy was an actor
and performing arts teacher. We were both separately doing an arts psychotherapy
course. So we were running parallel but apart! We decided to combine our interests to do
something new’.
‘We got the ball rolling by approaching Business Link (http://www.businesslink.gov.uk);
then we applied to the Prince's Trust (http://www.princes-trust.org.uk). They were brilliant
and we couldn’t have got off the ground without them. They gave us an adviser who
helped us prepare a three year business plan. We presented it to eight judges in a
“Dragon’s Den” type scenario and were awarded a loan to cover start-up costs. The Trust
also provided a mentor to assist in areas where we lacked expertise - in our case, legal
and marketing functions.’
Penny stresses the importance of being passionate about what you are doing and to have
a vision, while growing the business slowly. ‘Initially it was a financial struggle. Although
we were working hard there was no money coming in, which does affect your morale. All
sorts of opportunities presented themselves and we could have gone crazy following them
all! Although our original concept has changed, we’ve kept to a clear business plan. We
now specialise with half a dozen client groups, including a contract to run workshops with
the Museum of Childhood. People would come and ask if we could deliver certain activities
and we would say yes, then learn as we went along! You discover new ideas as more
clients come on board.’
Has working together affected their relationship? ‘You need to be sensitive - it requires
respect and understanding. We share values and were both prepared to work hard, but we
did set boundaries between work and our personal lives. We began as business partners
before becoming a limited company: it’s vital to draw up a proper legal contract and not
rely on friendship alone. We’ve split roles up between us: Amy’s good at accounts and IT
and I cover HR and marketing. Neither of us enjoys all of this, but it’s a necessary evil.’
Artburst is now at the stage of employing others on a freelance and voluntary basis and is
hoping to obtain funding for this. They have just bid for a grant from the local council which
will help with marketing and revamping their website. ‘The aim is to expand the brand and
roll out more workshops - ultimately on a national basis. We’d like to have a team of
facilitators to use as and when needed. We’re aiming for a dedicated centre, rather than
working out of different venues.’
The key to success? ‘The learning curve has been steep - like being on an intensive
business degree. Parts of the journey have been quite scary, but we’ve stuck with it
because we’re committed.’
Self-employment: Checklist
The checklist below is designed to remind you of the key points to consider when
becoming self-employed and to highlight action points that should be taken.
The business
• What are your reasons for becoming self-employed?
• How feasible is your idea and why?
• What’s the unique selling point of your business?
• What knowledge, skills and qualifications are needed in the sector that you have
chosen?
• How will you keep your knowledge, skills and qualifications up to date?
Your research
• Which five areas of research will you need to tackle first?
• Where, specifically, will you find the information?
• Desk research only goes so far: who should you talk to?
• Who will you need to help you - inside and outside the business?
• With which professional organisations and associations should you register?
Practicalities
• What type of business will you run e.g. sole trader?
• What can you set against tax?
• What mandatory regulations must you follow?
• What IT facilities will be necessary?
• How do you intend to ‘grow’ the business?
Funding
• How much money will you need to start the business?
• What resources and equipment will be required?
• Where will you be based and what will this cost?
• Which sources of funding will you approach first?
• How will you support yourself while starting up the business?
Marketing
• Look closely at two competitors: what can you learn from them?
• Where can you network?
• List five outlets for your products or services.
• What’s a competitive price for your product(s)?
• Which three promotional methods will best suit your business?
Self-employment: Why do it?
Why become self-employed?
In some sectors, such as the media, the Bar and the creative and performing arts,
self-employment is a standard way of working. For others, it is a lifestyle choice,
achievable by:
• setting up a business, either on a full-time basis or alongside a part-time job;
• working as a freelancer or contractor;
• buying into a franchise.
Whatever your choice, there are pros and cons.
The benefits
• Earn more money. Self-employed people generate their own income and profits.
• Freedom to do projects that you enjoy, move in different directions and take new
approaches.
• Use a particular talent such as a technical aptitude or creative skill.
• Be your own boss.
• Choose your hours of work.
• Take charge of your future. Working for someone else makes you vulnerable to
redundancy, closures or mergers.
• Work from home or operate out of your own separate premises or move around
different locations as a contractor.
• Free yourself from the stresses of the conventional workplace - office politics, targets,
meetings and constant demands.
• Live off your wits and your own efforts rather than depending on an employer.
• Receive extra tax benefits.
The risks
• You cannot guarantee a large salary or income of any kind! Competition, economic
fluctuations, and changing tastes can all affect this.
• When you start out, you may not be making much money or it may not be arriving at a
predictable rate.
• You must earn enough to live, so you might need to support yourself in another way
while seeing your idea take off.
• Working on your own means you are responsible for the day-to-day running of the
business. This may mean doing tasks that you dislike.
• You need a product for which there is a demand. This might depend on having a
certain image, technique or product.
• The buck stops with you! Taking an unwise decision could dent your income.
• Expanding too rapidly or conversely not being quick to seize a chance, might be
detrimental.
• Your hours will often be dictated by your customers and clients. You have to respond
to their needs or forfeit money and good will.
• Working from home is most effective when you have the space and facilities to do so.
If you work out of other premises, you will have to pay rent and other overheads.
• It’s impossible to escape some pressure, especially the kind coming from clients and
customers.
• By not being employed you are potentially losing a range of benefits and a support
infrastructure, such as computer help.
• Setbacks may impact on your confidence and profits. Be realistic, learn from
difficulties and make contingency plans.
• To obtain tax benefits, you usually need to pay out money first. You’ll also have to
make your own pension and health insurance arrangements.
Self-employment: Skills and qualities
It doesn’t matter if you have ‘a good degree’ or not. No one will care whether you have an
HND, a PhD, a string of As at A-level or just one GCSE. Dame Anita Roddick, Sir Richard
Branson and Sir Alan Sugar all achieved honours, recognition and business success
without a degree. You only need qualifications if they are a prerequisite for running your
business, for example, if you’re setting up as a dentist or consulting engineer. Otherwise,
they’re not essential, although they may give you credibility.
The business world and academia require a different or complementary skillset for
success. Strategic thinking and a broad range of skills are what counts. Research might
only be carried out on a 'need to know' basis because the key factor is to get things done.
Have you got what it takes?
• Could you be a risk taker? No business is risk free, so you need to judge the level of
danger correctly and then be sufficiently well prepared to live with the consequences.
• What is your response to uncertainty - do you find this exciting rather than worrying?
Are you prepared for changing markets, competition, economic fluctuations?
• Do you see change as a challenge? Can you minimize its downsides by careful
thought and planning?
• Are you opportunity aware? Given even half a chance do you take it? Better still, can
you see it coming before anyone else does? Or are you too cautious or
over-analytical?
• How hard can you work? Being self-employed is not an easy option especially if you
are working on your own. Results are often only produced by working long hours,
doing routine tasks rather than high powered business deals.
• Are you a realist? Can you gauge in practical terms what it’s possible to achieve or
produce within a certain period? In business terms this translates into: being aware of
limitations; striving for speed, efficiency and quality; pricing your output so that it
appeals to clients but at the same time pays you a realistic wage. Are you able to
visualise the product or service you are offering through your customers’ eyes?
• How well organised are you? You’ll need to be an excellent time manager. If you don’t
already possess this skill, it can be learned! How else will you juggle tasks, meet
multiple deadlines, prioritise conflicting demands and cope with basic administration
such as sending out invoices? No one is going to pay you unless you remind them.
• Do you plan ahead? You need to do this to minimise uncertainties and maximise your
chances of success. You may have enough work now but unless you inform more
people about what you do, it may soon dry up.
• Will you be able to network? It is essential to be able to market yourself and your
business, often in social situations. Constantly putting yourself in a position to meet
potential customers or contacts is a prerequisite.
• Are you literate and numerate? What’s your relationship with computers? If you are
not totally familiar with any of these functions you may have to pay other people to
help with bidding for funds, doing the accounts and dealing with IT.
• Do you possess commercial awareness? Do you know how to attract and retain
customers, make a profit and corner a share of the market?
• What’s your level of commitment? Do you believe in yourself and in your own
business idea? Self-employment is not always a comfortable option or an easy
alternative to finding regular work. Doubts or a half-hearted approach can be
disastrous.
• Are you self motivated? Running a business can sometimes be a lonely occupation.
No one is going to motivate you other than yourself.
• What does professionalism mean to you? Will you turn up to meetings on time,
present a businesslike image, and do the necessary homework?
Self-employment: Common areas of work
Information technology
Home computers, small businesses who cannot afford full-time IT people and
organisations which need to augment their computer staff for different projects present
fantastic opportunities for those who want to be self-employed. Job roles include:
• IT consultant;
• IT trainer;
• Web designer.
Opportunities for new graduates are reasonable, especially in web design/development
and IT training, but less so in contracting.
The arts
Graduates in fine art, craft, visual and design disciplines sometimes become
self-employed by choice, more often through necessity. Examples of jobs include:
• Graphic designer;
• Illustrator;
• Printmaker;
• Metalwork/silversmith designer.
Income from sales and commissions may not be enough to live off. Many people take
part-time jobs to support their practice.
Health and exercise
The media
A significant number of those working in the broadcast and printed word industries are
self-employed, freelance or on short term contracts. It is common to have to ‘pitch’ for
work. Job areas include:
• Film/video editor;
• Magazine journalist;
• Make-up artist;
• Runner, broadcasting/film/video;
• Writer.
Talented graduates can progress rapidly in this area. For others, it is an uncertain process,
accompanied by unpaid work, unemployment or under-employment.
The performing arts
Self-employment is the ‘norm’ for all performers and some technicians. They need to be
pro-active, approaching venues or putting together ensembles. Examples of jobs include:
• Actor;
• Musician;
• Theatre stage manager.
Luck and being in the right place at the right time can count as much as talent and hard
work, but getting a foot on the ladder could be a lengthy process.
Business and the law
Self-employed consultants provide expertise across a variety of commercial services.
Locum work (short-term cover for time-bound periods) is also possible. Job roles include:
• Accountant - chartered accountant; chartered certified accountant; chartered
management accountant; chartered public finance accountant;
• Barrister;
• Human resources officer;
• Management consultant.
It is rare, but not unknown, to make an impact without a previous professional background.
For information on other individual occupations, check out explore types of jobs.
Self-employment: Types of business
Sole traders
Most people who start in business do so as sole traders, working on their own, often from
home. They alone receive the income and are therefore liable for any losses or debts.
Having no colleagues can be liberating, but might equally be isolating with no one to
provide motivation or inspiration.
Partnerships
You could set up in business with one or more colleague(s), relative(s), or friend(s). This
form of business relationship is usually known as a ‘partnership’. Each partner might be
equal or some may have a larger share of the business. Your income and liability are
proportionate to your share in the business.
Limited companies
As a limited company, the business is registered with Companies House
(http://www.companieshouse.gov.uk). There are more regulations associated with running
a business this way but these are generally offset by tax advantages. Those directing the
company have shares proportional to their involvement.
Franchises
A surprisingly high number of well-known commercial concerns are franchises. They
expand by getting other people to buy into their business, making an initial payment which
secures equipment, raw materials, training and a well-known commercial name, then
running a branch of the business to make an individual profit. There are numerous
possibilities for franchises throughout the UK. An obvious advantage is that it presents a
’best of both worlds’ scenario. On the other hand, initial outlay can be high and income is
not guaranteed. Read the small print, ideally in the company of a solicitor, to be sure that
the franchise agreement is favourable to you.
Cooperatives
This is a group of like minded people with similar aims and business interests. Often
community based, they are owned and run democratically, with everyone given a say.
Profits are returned to members and typically involve employee share schemes. They are
not centred on making large amounts of cash, but are frequently creative, practical or
founded on ethical values.
Buying a business
Taking on an existing business may seem to cut out some of the legwork involved in
starting up on your own, but make sure you do your research! It will be much easier to
invest in an established firm with a solid customer base and a motivated workforce, rather
than one with liabilities or a poor reputation. You can find a business to buy through local
press, estate agents, trade associations and websites dedicated to this sort of provision.
Social enterprise
This is an expanding area and has evolved from a desire to help the disadvantaged,
providing much needed resources or services in disadvantaged areas and offering
employment to those who would otherwise be unwaged. A well-known example is ‘The Big
Issue' newspaper.
Charities
The Charity Commission for England and Wales (http://www.charity-commission.gov.uk),
can provide advice and you will have to register with it to qualify for certain tax
advantages. Certain trading activities are barred to organisations with charitable status.
Barristers
It is an ancient tradition that the majority of barristers work at the 'independent' bar. Based
in offices or 'chambers' with professional colleagues, their income comes from cases
allocated through solicitor contacts and their own clerks. Very junior barristers tend to be
offered relatively low level cases. Their fees reflect this, rising as they make their
reputation.
Freelancing
Freelancers offer a skill or service to other businesses which employ them as needed for
particular projects or for set lengths of time. They may be given office space or work from
home, delivering work to (often tight) deadlines. Some freelancers will actively market
themselves. Others may obtain work through agencies or by a direct approach from
employers.
Self employment: Getting started
Your business idea
Your first consideration should be whether:
• you have a skill or an idea to sell;
• there is a market for what you can offer.
One without the other spells disaster. Remember that you need not be proposing
something original, but putting your own stamp on a well-represented trade such as
translating or running a restaurant.
If you are proposing a new invention or concept or crafting something creative such as a
play or a design, take steps to protect these from being copied, used without permission or
exploited. The key factor is to keep tangible dated evidence that confirms your ownership -
in court if necessary.
A patent can be taken out which gives you exclusive rights to make, use and sell your idea
or invention and prevents others from misusing it; a trademark entitles you to further
protection. Copyright and design right (covering content and appearance) are automatic in
the UK, but are notoriously difficult to prove legally. Always add the copyright symbol to
work that you send out, keep any originals and mail yourself copies via recorded delivery.
Consider paying to register your design.
Some solicitors specialise in this area which is known as intellectual property and may give
initial consultations for free. The British Library (http://www.bl.uk), has a section devoted to
this topic, as do websites of organisations such as The UK Intellectual Property Office
(IPO) (http://www.ipo.gov.uk).
Working with others
Collaborating with a partner(s) can be a good way to get your business off the ground and
is especially useful if you each have different skills to bring to the enterprise. But don’t
jeopardise important relationships, not to mention the business itself, by assuming that all
will be well. Ask a solicitor to draw up a tailored agreement about how the business will be
run and what will happen in certain eventualities.
Doing your research
There is groundwork to be done on practicalities such as funding, legal considerations,
markets and competitors. Don’t neglect this as it is the foundation on which your
successful business will be based.
Business name
This may be your name accompanied by an indication of your role, e.g. ‘Jane Smith,
Advertising Consultant’. Alternatively you could adopt a memorable title and perhaps a
logo. If it’s a limited company, it must be registered in a name of its own.
You’ll have to check whether something similar or exactly the same is already in use.
Companies House (http://www.companieshouse.gov.uk), is the main source of this
information and on what terms are allowed and appropriate.
Your business and IT
You will need an up-to-date computer and a dependable internet connection, plus a
dedicated and professional sounding email address. In addition, you will probably need
some standard office programs such as Word and Excel and maybe specific packages
e.g. SPSS if you are dealing with statistics or Adobe Photoshop for creative work. A
website may be an optional extra at first, unless you need it for e-commerce.
If you lack IT skills, try to negotiate a good rate with an up and coming web designer who
wants to showcase their talents.
Just as your business name should be unique, so your web name should not replicate or
resemble anyone else’s. Ideally it will reflect the nature of what you are providing. You can
register at Nominet (http://www.nominet.org.uk), which has information on suitable and
available internet addresses.
Registering as self-employed
When you start working on your own behalf, you have a few months to register as
self-employed for tax and National Insurance (NI) purposes. This process starts with one
phone call to the local tax office. You’ll get a unique reference number (which can be
quoted when tendering for work) and then be invoiced for NI contributions each quarter.
Extra NI is payable through income tax.
If you have several jobs or are still employed while getting a business up and running, you
can register as both employed and self-employed.
Premises
Many businesses have started on the kitchen table with one phone line and access to the
nearest cyber café, but this is a minimum requirement. Compartmentalise your
accommodation as much as possible if working from home.
Tenants may find restrictions on using their home as a workplace, while individual councils
have additional regulations on what work can be done in residential areas by tenants or
owner occupiers.
Your business might necessitate buying or renting premises such as a studio or office
space. The former option could mean a hefty down payment and/or taking out a mortgage.
You would then be responsible for maintenance of the building. Renting means negotiating
a good deal with the landlord and, in particular, seeing what your money covers: often it is
just the space, nothing more. Whether you own the property or not, it is probable that you
will have to pay for the following: insurance, business rates, and items such as water
supply, heating and security. You may also have to contribute to cleaning and other
services.
An alternative is working out of a communal space (such as artists’ workrooms or a clinic
shared by several therapists) where all expenses can be shared. Cheaper options include
workspaces rented out to small businesses by enterprise agencies and charities.
Health and safety
Even if you are based at home, make a risk assessment of your work station(s) and take
into account potential sources of danger or accidents.
If you are in external premises, these must conform to health and safety laws in terms of
features such as fire hazards and escapes, planning consent, ventilation and
environmental issues. The list becomes longer if you are employing people or allowing
access to members of the public. More regulations come into play when running certain
businesses e.g. construction or food related.
The Health and Safety Executive (HSE) (http://www.hse.gov.uk), supplies guidelines on
these matters and they or a local environmental health inspectorate may make regular
checks.
Advice and help
If you are still studying, your college may run sessions on setting up in business and your
careers library should contain some information on this. Many universities now offer
entrepreneurship MAs.
Councils and adult education colleges often provide classes on self-employment.
Jobcentres or local careers services may have advisers who can deal with start-up
queries.
Banks
Every bank on the high street gives away free information on this topic.
Websites
Numerous organisations have websites covering all the factors to be considered in depth.
For a comprehensive overview of everything you need to know, go to the Business Link
(http://www.businesslink.gov.uk) website, or its publications and courses.
Charities and other similar enterprises
The Prince's Trust (http://www.princes-trust.org.uk) and the National Council for Graduate
Entrepreneurship (NCGE) (http://www.ncge.org.uk/), for example, nurture intending
entrepreneurs and support them in developing their ideas. Likewise some businesses run
competitions and events for this purpose: the best known of these is Shell LiveWire
(http://www.shell-livewire.org).
Membership of professional bodies, trade associations and unions
The National Union of Journalists (NUJ) (http://www.nuj.org.uk), for instance, can tell you
about freelance rates of pay. The The Chartered Society of Designers (CSD)
(http://www.csd.org.uk), will help with copyright issues. Some sectors have their own
careers services which are fully clued up on matters relating to self-employment. Skillset
(Sector Skills Council for the Audio Visual Industries) (http://www.skillset.org) is a prime
example of this.
Other relevant bodies and sources of advice are listed in the contacts and resources
section.
Self-employment: business plans
Why write a business plan?
Your business plan is the cornerstone on which everything else is built. Without it you:
• will have little credibility;
• will not be able to obtain funding.
Even if money is not a prime consideration, don’t make the mistake of thinking that the
plan is optional. It spells out for you, and anyone else, your goals and strategies and how
you intend to achieve these.
Opinions, even amongst hardened business advisers, differ as to how long the plan should
be. Brevity is admirable, but not at the expense of clarity. Too long winded and you are in
danger of seeming unfocused.
Somewhere between 15 and 25 pages is optimum.
What should it include?
It should contain most, if not all, of the following headings:
• Introduction: this should put your business and your proposals in context. A summary
of the entire document would be useful at this point.
• Overview: information about the sector(s) in which you will be operating, showing an
understanding of the market and of the competition.
• Product: what are you offering, what differentiates it from similar items, what unique
factors can you bring to the end result?
• Objectives: what qualitative and quantitative targets do you have in mind?
• Marketing plan: demonstrate that you know your customer base, you have identified a
niche for yourself and you have a clear idea of how to move forward and corner a
share of the market in the immediate, medium term and longer term future. You
should describe a well rounded strategy for promoting your business using an
appropriate range of methods and media.
• Sales forecast: indicate costings, pricings, delivery, seasonal factors and other
variables e.g. outlets for your work.
• Operating plan: show how the whole process will work in practice and taking into
account what resources you will need.
• Quality control: how you will ensure that the product or service is of marketable
standard? What checks will you apply?
• Budget and cash flow: projections, models and specimen accounts could accompany
this. You could also include an outline of how you will support yourself and the
business while it is in its infancy.
• Outcomes and evaluation: demonstrate how you will know if you have achieved/partly
met your goals and how you are going to monitor progress. This is a good place to
indicate milestones along the way where you can stand back and monitor the
business’s development objectively at regular intervals.
The following additional documentation will be useful:
• contingency arrangements for all of the above: what fallback will you have if things fail
to run smoothly?
• SWOT analysis (a breakdown of the strengths, weaknesses, opportunities, threats
inherent in your plan);
• testimonials from potential customers, suppliers, sponsors;
• lists, articles and appendices that add weight to your plans;
• your CV.
All of this must be backed by hard facts - statistics, figures, analyses, diagrams. Potential
funders and business advisers will expect you to be able to talk this through as fully as
possible and will pounce on any perceived weaknesses. They are not likely to lend you
assets or assistance unless they can predict a return on their input! One of the most
common discrepancies is not including sufficient essential detail. For example, when it
comes to pricing, have you investigated what similar goods and services cost, have you
thought how much time you will have to invest in order to produce an acceptable product?
(Your time is money, so how does that translate into a feasible hourly rate?)
Further information about writing a business plan can be found in many of the paper and
electronic information sources recommended in the contacts and resources section.
The plan is a work in progress: it should grow organically, not remain static. If it’s
successful, you will revise and hone it - possibly with the same advisers who originally
accepted it.
Self-employment: Funding
What sort of funding will I need?
For the majority of new businesses, start-up costs are a priority. The sorts of resources
that you might need will vary but would generally fall into these areas:
• Equipment: the term could cover anything from a laptop computer to heavy plant or
industrial standard tools and machinery.
• Accommodation: renting or buying a work place.
• Training: additional course(s) to give you the skills and knowledge required.
• Infrastructure: setting up systems and processes to move the business forward.
• Marketing: promoting and advertising.
• Administrative costs: phone calls, postage.
• Employing staff.
• General development: you might need time/money to do further research or develop
products/services.
The necessity for extra funding doesn’t stop when you’ve got the business up and running
- you may need to expand your activities, but still lack the capital needed to do so.
Are there any other costs?
It’s recommended that you obtain various types of insurance - buildings and contents,
professional indemnity to safeguard you against legal action, health cover in case you are
ill and cannot work, public liability if your premises are accessible to people not connected
with the business. You’ll also need to think about taking out a private pension.
Where can I do research and get advice?
The Business Link (http://www.businesslink.gov.uk) website, has links and ‘signposts’ to all
types of funding opportunities, regionally, nationally and across Europe. It includes a
facility where you can type in details of your background and business proposals and
generate lists giving possible sources of support.
What kinds of funding are there?
Funding can be split into four main types:
• All of the high street banks will consider loaning money for business purposes.
• Grants, awards and matched funding can be accessed from local, regional and
national agencies that back enterprise.
• Charities provide grants, awards and matched funding. They may, like the Prince's
Trust (http://www.princes-trust.org.uk), have a specific remit for business start-ups or
it could form just a part of their brief.
• Some business firms and professional bodies offer grants and sponsorships.
• Business angels and venture capitalists are constantly on the lookout for potentially
large scale commercial opportunities in which to invest.
• Private loans and investments from friends and family mean interest rates are likely to
be negligible. However, they may not provide the on-going mentoring and support
available from other sorts of funders. If you go down this route, get a legal contract
drawn up in case disputes arise later.
How do I apply for funding?
Almost any organisation offering funding will want proof that you will use the money wisely
and will want to see your business plan and discuss it in detail before handing over any
money. Unsuccessful applicants who nearly make the grade might be encouraged to
return when they have done more research or acquired additional evidence. You might
occasionally be asked to enter some form of competition or selection process.
Are there strings attached?
• Most providers like to see evidence of personal investment as that shows your
commitment.
• Funders may specify certain uses for the money such as projects with a social
enterprise bias.
• Many lenders and investors will monitor how you use the money, perhaps by setting
targets and outcomes. Some funding is staggered and later payments are dependent
on how well you have utilised the first tranche of cash.
Self-employment: Sales and marketing
Know your customer
Who are your customers, in terms of age, location and income? A gut feeling that there is
a niche for your product will not convince business advisers and lenders. Your
investigation should also give an overview of the competition and potential product
demand.
There are formal statistics to help you at local or national level, in the shape of government
data, electoral rolls, consumer surveys, sector reports such as those published by Mintel
(http://www.mintel.com), information held by trade and professional bodies. The Data
Protection Act and commercial considerations mean that you may have to pay to access
this. Use local or specialist libraries which may hold licences for subscription only
websites.
Initiate your own research, whether it is:
• a ’vox pop’ e.g. stopping people in the street;
• testing your idea with sample groups of customers;
• phone surveys;
• a series of focus groups;
• formal mailshot;
• using the ‘webCHeck’ service run by Companies House
(http://www.companieshouse.gov.uk);
• sizing up competitors’ products on the web, in shops or by pretending to be a potential
client.
This will be the foundation for a:
• sales forecast: how much you can expect to sell, where and at what price;
• marketing plan: how will you develop your activities at set stages in the foreseeable
future?
Promoting your business
Concentrate on the basics. Business cards and matching headed paper are cheap and go
a long way in establishing a professional image. You can use these wherever you decide
to network.
Some suggestions for networking:
• exhibitions, trade events and conferences: take a stand or just mingle with potential
clients;
• structured opportunities provided by Chambers of Commerce, Business Network
International (http://www.bni-europe.com), professional associations and institutes;
• Business Link (http://www.businesslink.gov.uk), is helpful if you need to locate certain
types of business or business people.
Some organisations offer mentoring on your marketing strategy which may take in factors
such as pricing, branding and media mix. Business Link’s website has links to online
marketing courses.
Advertising the product
Blowing your entire budget on advertising may not produce the biggest return. Select the
publication(s) or website(s) carefully. Find out as much as you can about coverage,
circulation, target audience and readership. Do they reach your intended customers? A
mix of media can be particularly effective e.g. radio and the Yellow Pages.
Cheaper methods include:
• leafleting (door to door, high street);
• sending out press releases or arranging free ‘advertorial’ features in the press;
• asking professional bodies to place your details on their websites;
• an easy to navigate website.
The best advertisement is you. By delivering good products, excellent service or original
ideas, word will get about and you’ll hear from new clients.
Tendering for contracts
You may be asked to bid for work and contracts against competing suppliers. There are
certain conventions to bear in mind:
• Don’t omit vital information such as costs, processes, deadlines. Follow any
guidelines to the letter and show how you will meet any specified criteria.
• Use terms such as ‘outcomes’, ‘targets’, ‘deadlines’. Show that you have measures in
place to control quality.
• If you can deliver something ‘value added’ to the contract, make this explicit.
If in doubt, use the services of a professional bid writer - at least for the first tender that
you complete.
E-commerce
If you are running your business via the internet, take professional and legal advice to be
sure that you meet acceptable standards and comply with regulations. These include:
• computer capacity - a website which constantly crashes will lose customers;
• data protection/security for customers and yourself;
• branding, domain name and a user friendly site that is easily accessed by search
engines;
• reliable systems for online payment;
• compliance with legal requirements such as the Goods and Services Act.
Business Link can point you towards e-marketplaces which match up manufacturers,
distributors and others in the chain.
Self-employment: Managing finances
Cashflow
The biggest difference between being employed and working for yourself is cashflow.
When you have a job, you know that there will be a regular salary and when it will be paid
into your bank account. Running your own business means that there is no such certainty
and monthly outgoings may well exceed what comes in. This is something of a constant
juggling act even for successful companies. With start-up businesses, even allowing for
initial setting-up costs, there will be no income until you find customers and they have
decided to pay you. They may be in no particular hurry to do this! Eventually, your
business will settle into a pattern and you will be able to forecast your earnings, outgoings,
late payers and seasonal fluctuations.
Some possible solutions are:
• Sending out invoices straight away and quoting ‘28 days terms’. This may not make
clients and suppliers pay up within the month, but it will show that you mean business
in every sense of the term.
• Banks, tax offices and business mentors can advise on a range of schemes whereby
you can control debts, defer them and set them against tax or anticipated income.
• Bank loans: bear in mind these are not an inexhaustible supply and will eventually dry
up or be called in. It’s far better to deal with the problem at source.
Book-keeping and accounting
Keeping accurate records and accounts is vital because it provides evidence from which
HM Revenue & Customs (HMRC) (http://www.hmrc.gov.uk), will decide your tax bill. You
will not necessarily have to use a very complicated system but it will need to be organised
and methodical. Without it, you risk losing out on payments and being penalised by the tax
office. Keep accurate files of payments in and out, expenses incurred etc. Make sure that
these are backed by evidence in the form of receipts, bank statements and other
documentation. Anything relating to tax must be kept for seven years.
There are all sorts of simple models for book-keeping and accounting, both online and in
paper form. These are readily available through banks, websites and basic start-up
information packages.
Tax returns
As a self-employed person, you will complete annual self assessment tax returns. If you
miss the deadlines, you could be fined on a daily basis. You can complete your own
return, employ an accountant to do so, work out what you owe yourself or file an early
return, in which case HMRC will calculate what is due. The tax is then normally split into
two annual payments.
Items such as transport, telephone, postage, office supplies, accommodation and
equipment can all be set against tax. In many cases so can expenditure on heating,
lighting and other utilities. Even your accountant’s assistance can be claimed as a
justifiable expense which is why a large proportion of self-employed people use an
accountant to make sure that their tax payments are minimised and every potential tax
break is maximised.
Registering for VAT
If you supply goods and services whose value goes above a certain annual threshold
(currently just over £60,000) then you must register straightaway for Value Added Tax
(VAT) and pay this throughout the year at fixed intervals. Failure to do so means a fine
which accumulates the longer the tax is unpaid. There are different rates of VAT which
apply to a variety of goods, services and situations.
Depending on your individual circumstances, you might gain some tax advantages by
voluntarily registering even if your turnover is below the threshold.
Additional VAT is also payable on imports and exports. Levels vary according to criteria
such as the items in question and the country or countries involved. Again, meticulous
record keeping is vital.
HMRC run short courses across the country covering most of the issues raised here. They
also have a range of national helplines and you can always contact local tax offices for
instant advice.
Getting in and out of debt
It is likely, but not inevitable that you will get into debt. Follow the suggestions here and in
the section on getting started and you should avoid the worst problems. Seek help as soon
as you get into difficulties, not when you are going under. Banks, accountants, tax
personnel and business advisers may all be able to come up with strategies to get you out
of trouble or avoid it altogether.
Self-employment: Employing people
Employing staff can ease your workload but it does mean that you are responsible for their
remuneration and welfare. There is legislation with which you have to comply and good
practice which you should adopt. Much of this applies whether you have a full-time
permanent workforce or not. ‘Outworkers’, part-timers, temps, freelancers,
commission-based workers and volunteers are all entitled to be treated fairly and may
themselves have to meet certain standards and codes of conduct, from the selection
process onwards.
Paid staff
If you are paying anyone for the work they do, then it is up to you to ensure that their tax
and National Insurance (NI) obligations are met. Check that freelancers have made their
own arrangements for this, while other staff must be covered by the Pay As You Earn
(PAYE) system where tax and NI are deducted at source from their pay packets. They are
entitled to an itemised pay slip and other documentation such as a P60 at the end of the
financial year.
Be aware that there are regulations around subjects such as minimum wages, hours of
work, sick pay, flexible working, annual leave, maternity leave, employers’ liability
insurance, repayment of staff members’ student loans and redundancy. Also, as your
business grows, you may need to have formal pay scales and promotion structures in
place.
The rules surrounding all of this are tremendously complex so it is vital to seek
professional advice from your accountants, solicitors and HM Revenue & Customs
(HMRC) (http://www.hmrc.gov.uk), before setting up a payroll system and maintaining
necessary records.
Pensions
At present the occupational pensions system is in a state of flux. However, your
employees should be advised of any arrangements that you have in place for them or of
the need to make their own arrangements. If you employ more than five staff, it’s likely that
you’ll have to offer some kind of stakeholder pension scheme. There are different types of
schemes and various levels of employer/employee contributions to these. You will receive
tax benefits for paying into your employees’ pensions.
The Pensions Regulator (http://www.thepensionsregulator.gov.uk) and the Department for
Work and Pensions (DWP) (http://www.dwp.gov.uk/) can advise on provision, registration
and other issues.
Making job offers
If you are advertising a post or deciding who to employ, then you must pay due regard to
anti-discrimination laws. With few exceptions, it is illegal to deny anyone a job on the
grounds of gender, race, religion, sexual orientation, disability or age.
When you do find the right candidate, they should be given a formal contract of
employment, clearly laying out the terms and conditions under which they are employed,
including pay, annual leave, hours, notice and any probationary period. Most solicitors can
advise on this and draw up a standard or customised document.
Pre-employment checks
Before you confirm a job offer, you should take up references and check that both these
and the candidate’s CV/qualifications are valid and truthful. Their previous employment
history and any convictions may also be followed up. Care is also needed to make sure
that you are within the law when employing children under 16, young people under 18 and
workers from outside the EU (including students) who will require work permits and visas.
If any member of your staff is likely to come into contact with children and vulnerable
adults, then a Criminal Records Bureau check is mandatory.
Disputes
If you’ve selected your staff wisely and treated them well it’s unlikely that major problems
will arise. If there are disagreements or if you need to discipline or dismiss one of your
employees, there are rules in place to ensure that this is done justly and properly. The
Advisory, Conciliation and Arbitration Service (ACAS) (http://www.acas.gov.uk) (ACAS)
can provide support on this and may also mediate to prevent matters escalating. Both
ACAS and the Chartered Institute of Personnel and Development (CIPD)
(http://www.cipd.co.uk) have useful tips on employing people and on what constitutes a
model workplace.
Self-employment: Case study
Penny and Amy, Artburst
Penny and Amy are lifelong friends who set up their social enterprise ‘Artburst’ in London’s
Hackney. It uses imaginative interactive workshops covering art, crafts, drama, movement
and story-telling to explore different skills and cultures.
Penny explains, ‘I was working as a freelance artist and arts facilitator. Amy was an actor
and performing arts teacher. We were both separately doing an arts psychotherapy
course. So we were running parallel but apart! We decided to combine our interests to do
something new’.
‘We got the ball rolling by approaching Business Link (http://www.businesslink.gov.uk);
then we applied to the Prince's Trust (http://www.princes-trust.org.uk). They were brilliant
and we couldn’t have got off the ground without them. They gave us an adviser who
helped us prepare a three year business plan. We presented it to eight judges in a
“Dragon’s Den” type scenario and were awarded a loan to cover start-up costs. The Trust
also provided a mentor to assist in areas where we lacked expertise - in our case, legal
and marketing functions.’
Penny stresses the importance of being passionate about what you are doing and to have
a vision, while growing the business slowly. ‘Initially it was a financial struggle. Although
we were working hard there was no money coming in, which does affect your morale. All
sorts of opportunities presented themselves and we could have gone crazy following them
all! Although our original concept has changed, we’ve kept to a clear business plan. We
now specialise with half a dozen client groups, including a contract to run workshops with
the Museum of Childhood. People would come and ask if we could deliver certain activities
and we would say yes, then learn as we went along! You discover new ideas as more
clients come on board.’
Has working together affected their relationship? ‘You need to be sensitive - it requires
respect and understanding. We share values and were both prepared to work hard, but we
did set boundaries between work and our personal lives. We began as business partners
before becoming a limited company: it’s vital to draw up a proper legal contract and not
rely on friendship alone. We’ve split roles up between us: Amy’s good at accounts and IT
and I cover HR and marketing. Neither of us enjoys all of this, but it’s a necessary evil.’
Artburst is now at the stage of employing others on a freelance and voluntary basis and is
hoping to obtain funding for this. They have just bid for a grant from the local council which
will help with marketing and revamping their website. ‘The aim is to expand the brand and
roll out more workshops - ultimately on a national basis. We’d like to have a team of
facilitators to use as and when needed. We’re aiming for a dedicated centre, rather than
working out of different venues.’
The key to success? ‘The learning curve has been steep - like being on an intensive
business degree. Parts of the journey have been quite scary, but we’ve stuck with it
because we’re committed.’
Self-employment: Checklist
The checklist below is designed to remind you of the key points to consider when
becoming self-employed and to highlight action points that should be taken.
The business
• What are your reasons for becoming self-employed?
• How feasible is your idea and why?
• What’s the unique selling point of your business?
• What knowledge, skills and qualifications are needed in the sector that you have
chosen?
• How will you keep your knowledge, skills and qualifications up to date?
Your research
• Which five areas of research will you need to tackle first?
• Where, specifically, will you find the information?
• Desk research only goes so far: who should you talk to?
• Who will you need to help you - inside and outside the business?
• With which professional organisations and associations should you register?
Practicalities
• What type of business will you run e.g. sole trader?
• What can you set against tax?
• What mandatory regulations must you follow?
• What IT facilities will be necessary?
• How do you intend to ‘grow’ the business?
Funding
• How much money will you need to start the business?
• What resources and equipment will be required?
• Where will you be based and what will this cost?
• Which sources of funding will you approach first?
• How will you support yourself while starting up the business?
Marketing
• Look closely at two competitors: what can you learn from them?
• Where can you network?
• List five outlets for your products or services.
• What’s a competitive price for your product(s)?
• Which three promotional methods will best suit your business?
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