Self versus Employment?

Self versus Employment?

Odd title I admit, but I couldn’t really think of a snappy (or stupidly long) way of summing up this post. basically I have a decision to make, things in the wonderful search for full time employment have not been going well, except the amazing opportunity at Granton (for which I am extremely thankful).

This opportunity however has stirred an ancient creature from the dankest depths of the void that is my mind… for a long time I have wanted to work for myself, be self-employed, and now with the funding coming direct to me and having to sort out paying my NI and tax (for the following reasons: 1, to be legal. 2, so I have some pension. 3, this time on Job Seekers has exhausted my Ni credits) the possibility of setting myself up as self employed has become a possibility.

So, I am currently investigating the idea of working for myself. I know the pitfalls, I know teh pressures, I have friends, and family, who work for themselves and run businesses. I have seen them go through the good and the bad so I am fully aware of some of the risks. What I need to do is to make sure I want to even continue thinking about the idea. It could give me so many opportunities, it could be such an amazing (and hard) experience.

(NOTE - What follows is my current thinking and I would very much appreciate comments as to wither or not you, as my friends, and random people who visit this site, consider it is, or as is more likely; not, a viable idea.)

My main business would be focused at art and design, #offering the following services:
- poster designs
- photo manipulations (also for churches et al for “orders of services” etc)
- original artwork (my more abstract pieces mainly)
- stock artwork for presentations
- leaflets, order of services, invites, handouts, etc

As for costs, well that is where I am really stuck, I want to be able to offer this service to churches (the SA particular, for to be honest some of their posters etc. are really poor), so I cannot charge a horrendous amount but at the same time I need to charge enough. I calculated that as a rough figure to survive a month I need just less that £1000, that just covers rent, bills, living costs etc. Which as you can imagine means I need to generate more than £1000 in income per month… which will not be easy, if it all possible.

I have done some inital calculations and in a month it would work out at around £700, which sucks, and my costing does not even take account of printing costs… hmm.. I think I have managed to shoot down this idea myself, that is not to say that I will not keep thinking about it to see if I can make it work. I guess we shall see.

Still if anyone you want to comment please do. In the mean time I think I better keep looking at the job pages.

Laters.

(edited to remove money calculations)

About the Author

I am Adam "Lurch Kimded" Howie, I kinda run this website, not very well but it is mine... all mine!!! (cue evil laugh)