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What to do?!

1 reply

Chocoholicbaby · 16/12/2013 09:47

Hi- am really after some advice and wondered if you experienced self employed people would be able to help me. I am really keen to start my own business but having real difficulty working out what to do! I am getting really frustrated as I have time at the moment (on mat leave) and am desperate to get cracking so I can try to establish something before I have to make a decision about going back to work. I wondered if I list out my experience and skills someone might be able to suggest something as a starting point?

I'm a qualified infant teacher and a qualified chartered accountant having had a major career change in my 20s. The main problem is that I always did large corporate work as an accountant and specialised in corporate tax so don't really have the personal tax experience or knowledge needed to set up on my own.

Other skills are being ridiculously organised- I thought about being a professional organiser/ declutterer but don't think there is really any money to be made there (although I think I'd love it!). I love interior design and wondered about an online interiors business but again is there any money to be made when there's so much competition?

The most sensible thing seems to be a start up consultant/ business adviser using my business advisory skills gained from accountancy but I am not sure I would be taken seriously unless I'd actually started a business myself.

I also wondered about importing items from China and selling on ebay/ amazon: I think I need to give more thought to that.

I am going round in circles and driving myself mad- any guidance or ideas?! Thank you.

OP posts:
MrsMargoLeadbetter · 16/12/2013 10:29

What is your main aim? A) To earn money, B) to have more flexibility or C) to not pay for childcare and work around it. I think the answer to that will help you refine your plans...

If A is the priority then I'd think about what you can do based on your current career in accounting. It is much easier to do and to market yourself in what you already know. Even if you need to do some courses to learn about a new market. My thought is that many businesses need an accountant, less need a business advisor. Having said that an advisor could be luctractive if you have a niche.

If B and C are more important then look at the different options. I'd start with what is likely to be in demand and work out if it makes finanical sense.

HTH?

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