How to Switch From Being an Employee to a Sole Trader

If you’re tired of taking orders from your boss and you wish you could just go it alone, you need to think about operating your own small business as a sole trader. This is when you make yourself self-employed, and most people carry on the same job they were doing before but they simply do it by themselves rather than relying on an employer. It could offer you the freedom and flexibility you crave.

Lay the Foundations

First of all, you need to lay the foundations. This means thinking things through in detail and really thinking about how you’re going to make money and earn a living as a sole trader. Having some sort of plan in place is vital; and you need to crunch the numbers so you know exactly what you’re getting into and how your situation might change going forward.

Ensure You Have All the Right Qualifications

If you’re going to go out there and make a go of this by yourself, you need to make sure that your qualifications are up to date and up to scratch before you do so. If you’re an electrician, you’ll need a level 2 electrician qualification or higher. But the same idea applies to which ever profession you’re in. It’s always best to transition to life as as a sole trader in the strongest possible professional position.

Plan How to Attract Clients and Customers Ahead of Time

Attracting your first few clients is always tough because you haven’t been operating for long or at all in your current self-employed form. You should emphasise your skills, experience and qualifications. And make sure that you’re targeting people in the right way. These days, you have to use a website and social media to get your message across and ensure clients know you’re available.

Be Prepared to Brand Yourself

Branding yourself will be an important part of your efforts. After all, as a sole trader, you’re the only person involved in the business and that means you’re going to be the face of it. Make sure that you look the part and present yourself in a way that makes it easy for people to trust you and the services you’re offering. It might not come naturally, but you’ll get better at it with time.

Accept a Degree of Unpredictability

Things aren’t going to be as predictable or as secure as they were when you were working for someone else; at least, not at first. You need to accept that and embrace it. There’ll be good times and bad times, but at least you’ll be in control of your own destiny and in charge of what happens to you. That’s something that’s empowering and you should thrive off of it.

Breaking out of employment and going it alone is never easy, but it can be one of the most liberating decisions you ever make in life. Not having to take orders from other people and instead being your own boss is completely revelatory. It’ll change your life and potentially make it so much better.

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