self employment requirements

[skyhuck]

Self employment requirements:

 

A minimum of 80 hours a week

 

A High tolerance of idiots

 

A good over draft facility

 

A lack of need for days off

 

One weeks holiday per year

 

The bottle to take risks

 

For the first 15 years, then it all comes good!!!

[Dean Lofthouse]

For the first 15 years, then it all comes good!!!

 

Thank god for that

[nednedned1]

Self employment requirements:

 

A minimum of 80 hours a week

 

A High tolerance of idiots

 

A good over draft facility

 

A lack of need for days off

 

One weeks holiday per year

 

The bottle to take risks

 

 

wow sounds right up my street haha.

 

ive been offered the full time work but it just seems easier so that i can jump across to other firms i know in my town on days people dont have work for me. so it shouldnt be as bad as that.

 

cheers for your help everyone, really cleared up that murky water.

ned

[combined tree services]

hmmm only another ten years for me ha ha ha .

 

i feel the biggest must when going self emplyed is a good bank of decent firms to work for that pay on time and pay sensible money , my advice would be that its not worth working for jokers .

[Rupe]

wow sounds right up my street haha.

 

ive been offered the full time work but it just seems easier so that i can jump across to other firms i know in my town on days people dont have work for me. so it shouldnt be as bad as that.

 

cheers for your help everyone, really cleared up that murky water.

ned

 

If you have been offered full time work then surely it doesn't matter if they don't have work for you?? You still get paid, thats the whole point of full time work! Take it while you can, self employed is great but crap at the same time and no mortgages/loans etc available to SE at good rates at the moment so it generaly sucks.

[skyhuck]

If you have been offered full time work then surely it doesn't matter if they don't have work for you?? You still get paid, thats the whole point of full time work! Take it while you can, self employed is great but crap at the same time and no mortgages/loans etc available to SE at good rates at the moment so it generally sucks.

 

Very true!!!

 

Since the demise of the self cert mortgage and the banks generally becoming like the rear end of a duck, SE has become much more difficult in many ways

 

Many of use set up in the good times that are now long gone, trying to set up today will be muh, much harder, IMO.

 

If you have no offer of a job, then in some respects you've very little to loose by giving it a go, but to turn down a job could well be a mistake.

[Frankie Lawrence]

Very true!!!

 

Since the demise of the self cert mortgage and the banks generally becoming like the rear end of a duck, SE has become much more difficult in many ways

 

Many of use set up in the good times that are now long gone, trying to set up today will be muh, much harder, IMO.

 

If you have no offer of a job, then in some respects you've very little to loose by giving it a go, but to turn down a job could well be a mistake.

 

what if you go to the bank ask for a loan while employed but planning to go freelance? What happens if you dont tell tham your status has changed or is it none of there bussiness once the monney is yours?

 

I relise this isnt a bankers forum but you sound more in the no than myself.

 

Thanks:001_smile:

[skyhuck]

what if you go to the bank ask for a loan while employed but planning to go freelance? What happens if you dont tell tham your status has changed or is it none of there bussiness once the monney is yours?

 

I relise this isnt a bankers forum but you sound more in the no than myself.

 

Thanks:001_smile:

 

I don't think you would be doing any thing wrong by doing that, BUT you would need to be sure you can pay it back!!!

 

If you default on a loan you will end up with a terrible credit rating, which could have a very bad affect on your future life:thumbdown:

[Stephen Blair]

what if you go to the bank ask for a loan while employed but planning to go freelance? What happens if you dont tell tham your status has changed or is it none of there bussiness once the monney is yours?

 

I relise this isnt a bankers forum but you sound more in the no than myself.

 

Thanks:001_smile:

 

Honesty is the best policy. If you are going for a loan with an ulterior motive then you are missing out i feel and may do something you might feel is right but not realise is a big mistake, justifying something in your mind is easy but infront of a baliff or solicitor it might not be so easy.

If you want to go self employed and want to get some money together then go and see the bank ASK the requirements and what they can do to help you, then go to your local council and ask them the same. Most things in life are trial and error BUT in business as with other things in life the error can take a long time to be corrected. When i first went self employed nearly 13 years ago I had a chance of £40 a week for 1 year and all i had to do was spend 1 day a week getting taught how to run a business, i was too impatient and couldnt see the point, i could earn £200 a day going to work BUT over the years i have learnt the hard way and some very basic business skills would of prevented a lot of these.

[Frankie Lawrence]

Honesty is the best policy. If you are going for a loan with an ulterior motive then you are missing out i feel and may do something you might feel is right but not realise is a big mistake, justifying something in your mind is easy but infront of a baliff or solicitor it might not be so easy.

If you want to go self employed and want to get some money together then go and see the bank ASK the requirements and what they can do to help you, then go to your local council and ask them the same. Most things in life are trial and error BUT in business as with other things in life the error can take a long time to be corrected. When i first went self employed nearly 13 years ago I had a chance of £40 a week for 1 year and all i had to do was spend 1 day a week getting taught how to run a business, i was too impatient and couldnt see the point, i could earn £200 a day going to work BUT over the years i have learnt the hard way and some very basic business skills would of prevented a lot of these.

I hear what you and skyhuck are saying and are valid points but isnt bussiness and banking for that matter a risk? the risk that if i Borrow that monney to invest in myself then i can pay it back in double time leading myself to more profit quicker?