bradley2910
Junior Member
- Joined
- Jun 16, 2010
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What's the story with starting my own business but not joining a scheme straight away? Got my 2391 and have insurance but joining a scheme I cannot afford straight away ?
1/ Tell HMRC you are going self employed..What's the story with starting my own business but not joining a scheme straight away? Got my 2391 and have insurance but joining a scheme I cannot afford straight away ?
Whats the story with having your 2391 but not having someone to guide you on starting out on your own? I think you should just go for it! Elecsa allow you to pay in instalments so just book up and get on with it. For you with your 2391 the assessment will be a breeze. Then you can be fully legit.What's the story with starting my own business but not joining a scheme straight away? Got my 2391 and have insurance but joining a scheme I cannot afford straight away ?
Some of the kit is just nice to have but I'm not sure it's all BS. A loop impedence tester, megger tester, RCD ramp tester, clamp meter etc would be pretty much essential if your going solo.Just a tester and any drill and basic hand tools will get you going - the rest is bs that we all like to have
but be honest, don't BS them.The most important thing is to have customers and keep them happy
Are you aiming at the domestic market or commercial / industrial work, or mixture of both? If you are expecting to be doing over 60% of your work in the domestic sector then I would suggest that membership of one of the schemes is an essential business overhead that will pay for itself. As with all businesses, essential and non-essential overheads have to be considered, i.e. do you need transport -vs- do you need a brand new van? Self employed electricians overheads are actually very small compared to some business. If you are aiming for domestic work but cannot afford scheme membership it could be argued that your business model is not viable. Have you asked for other sources of financial support to help cover start-up overheads, any start-up grants available, private loans, bank loans, overdraft facility etc. Have you contacted you local chamber of commerce or searched business link about any start-up assistance. Business support, information and advice | Business Link A lot of small businesses fail because they fail to plan. As the saying goes "Failure to plan is planing to fail". Small overheads <What's the story with starting my own business but not joining a scheme straight away? Got my 2391 and have insurance but joining a scheme I cannot afford straight away ?
a drill (b&q
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