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How do I become a self employed safety advisor?
Rank: New forum user
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I'm currently working in a safety, health and environmental management role however am facing potential redundancy. I feel, after approx. 5 years experience in the role, completing my Nebosh general certificate and NVQ4 amongst other training, that I should at least consider becoming self employed?!
Can anyone offer any advice as I'm not sure where to start!! Pricing work is a big concern of mine I don't want to under charge however don't want to completely undercharge!!
Any advice, suggestions etc would be very greatly received.
Many thanks in advance,
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Rank: Super forum user
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Rank: Super forum user
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Not being flippant - use the search as this has been answered many, many times
Regards
SW
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Rank: Forum user
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And make sure you are CMIOSH, FIIRSM or a Chartered MCIEH with an additional H&S qualification so you can join the OSHCR!
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Rank: New forum user
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Rank: Forum user
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Harrison,
If you are thinking of setting up on your own business don't expect to be made redundant today and running a business tommorrow.
Some considerations outside of qualifications -
Client base
Documentation
Costs
Vehicle
Communications
HMRC
Insurance
Bank Account
Invoicing
Payment terms
Bad debts (particularly in this market)
Competition
Pricing Strategy
How much do you need to live off each week??
etc etc etc
A general rule of thumb is that it takes about six months for a business to earn anything and approximately 3 years to come into a good profit. The link Heather has provided is certainly worth a look.
All the best
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Rank: Forum user
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I started to think about self employment and had a few meetings with my local businesslink advisor. Because I was GradIOSH I suspended the project when the OSHCR was announced. Will restart when CMIOSH so can go on the register.
Business advisor, a successful management consultant, was very keen on me using a business plan as a way of helping me focus my ideas. They were also very good for a reality check, particularly over financial projections.
I did assume that there were no grants available but pleasantly surprised when a few potential were identified, along with various tax breaks and ways of working.
In terms of pricing I was advised to just ring up a few local H&S consultants and pretend to be a potential client seeking services you are wanting to offer. I never did this as I was a little unsure of the ethics of this. But apparently it is an accepted way of doing business. Still not sure though!!!
Anyway, in summary my advice is to make use of professional advice whilst it is still out there.
Good luck!!
But
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Rank: Forum user
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