going independent: what next? sandbanks hotel, poole july 2011 dave francis: [email protected]
TRANSCRIPT
Aims of this Workshop
This workshop addresses some of the issues around starting working as an independent education consultant.
It will provide ideas and opportunities to exchange tips on getting work, building and maintaining your contracts, managing your business effectively and achieving a desirable work / life balance.
Getting started• Do you have sufficient work already lined up?• Yes? Next: managing that work• No? Next: getting work or more work• Too much work? – Sub-contracting• Working alone or with others? Networks &
Partnerships• Independent self-employed trader or
company?
Getting & Managing Work
Financial Affairs• Redundancy? (Aspect – consultations)• Bank accounts?• Pension?• VAT (£73K turnover) and NI?• Professional Indemnity & Life Insurance?• Records and Spreadsheets?• Invoices?
Accountancy
• Essential to get accountancy advice for any small business: registration with HMRC, sales, receipts, outgoings, tax allowances, VAT, tips for the self-employed – business ‘discipline’
• Good value accountants: e.g. TWD (£200 pa)• Go to: www.twdaccounts.co.uk/refer
or tel free on 0800 093 9433. • Quote ‘David Francis’ or my reference number
(TWD 0043936) and share a £50 cheque once you become a client.
Produce resources / materials for schools?
Your ideas?