It’s getting harder and harder each and every year. The number of people becoming self-employed grows as the options of finding a well-paid job are cut down.
Setting up as a sole trader or freelancer is not easy at all. It takes money, a lot of patience and hard work, but most of all, it takes courage. The idea, of being free to choose how, when or where to work is absolutely appealing, but on the other hand you might end up working very hard and you may no longer have a regular income.
According to the US Small Business Administration, in Colorado there are a total of 556,586 small businesses, of which 434,910 are small businesses without employees. If they can do it, there is no reason why you can’t!
Before becoming your own boss, there are several things you should consider. First, you need to write a business plan. Create a snapshot of your company. Describe your business, research the market, define your strengths and weakness and make a financial projection.
Once you have the whole picture ready, you should come up with a business name. Next step is to register it with your state government. Remember that as a self-employed you are responsible for paying your own tax and national insurance contributions.
It is essential for you to understand your employer responsibilities, obtaining your business licensee and permits. You don’t want the IRS dropping down your door after the first business year.
You need to establish if you are a self-employed or a small business. You can find information on how to establish your business size and tax obligations in the US Small Business Administration website.
It is vital to keep your business records and finances separate from your personal affairs. You will need another bank account. This way will be easier to keep record of your taxes.
Finally you need to find out how are you going to advertise your company. Growing the best peaches in Colorado is worthless if no one knows where to purchase them.
Show Your Business
Good, accurate advertisement does not come cheap. Advertising agencies are extremely expensive, but there is no need to panic! Big Dog Wraps and Graphics is the answer to your problems.
Our company is your source of high quality, creative and affordable vehicle wrap solutions. Display your corporate image, services and products with our custom business designs.
Show the world what your business is all about, as you proudly drive through the street. You don’t need a huge vehicle fleet. We can wrap your own car with exciting, high impact advertisement. Catch customers while driving your kids to school.
We can wrap your office windows with elegant business designs or create cool banners. Just let us know where you are and we will reach you. Big Dog Wraps’ complete dedication to the success of your business is what makes us different. Have an idea? Contact us today and get a free quote.
Free yourself from the system. Become self-employed and show the world your business with Big Dog Wraps.