What Are The 5 Benefits Of Being Self-Employed?

benefits of being self-employed

As you might have guessed, there are many benefits of being self-employed. But what exactly makes it so great? It’s not just the freedom, the ability to be your own boss or the simplicity of registering as self-employed (although those are definitely big advantages). Self-employment also gives you the chance to grow and develop your skills in ways that would be difficult at a traditional job or even as an employee of another business owner.

Joanna Bookkeeping is on a mission to make accounting easier, and more streamlined for self-employed people.

We’re here to help self-employed business owners, with an extensive list of accounting services, including:

✅Self-Assessment Tax Returns
✅VAT Returns
✅Bookkeeping Services
✅Accounting Software Set-Up & Training
✅And So Much More!

And if you’re not based in the Oxford area, no problem! We’re fully digital, and offer accounting and bookkeeping services to businesses all over the UK!

Let’s dive into 5 benefits of being self-employed, and how opting for self-employment can help you improve your career…

1. You have full creative control over your business

As a self-employed person, you have the freedom to make your own rules and define your own schedules. You also have full creative control over projects and are free to choose your clients and partners, which means that you can grow it the way you want without having to worry about the opinions or input of an employer.

Being self-employed is a lifestyle choice that gives you freedom and flexibility over your work, giving you more time to spend on the things in your business that you care about, whether that’s exploring new client opportunities, having creative control over your branding, or making your own financial decisions.

2. You can make your own schedule

One of the biggest benefits of being self-employed is that you can make your own schedule. Unlike a traditional job, where you have to be in the office at a certain time and adhere to other stringent rules if you’re self-employed, there’s no one telling you when and where to work. In fact, as long as your clients are getting what they need from their end (and paying for it), there’s really no reason for them to care when or how often you work!

Some self-employed people choose to work an unconventional schedule, while others will choose not to take on jobs during late nights or on weekends so that they can spend more quality time with their families. It’s all about finding what works best for each individual person!

3. Choose what you outsource to others

Outsourcing is one of the most effective ways to grow your business. Outsourcing allows you to focus on what makes you better at what you do while trusting someone else with all the tasks that aren’t your specialty or role in the company.

When people think of outsourcing, they often envision hiring employees and paying them a salary, which is certainly an option! But there are other ways that freelancers can outsource, for example, by having someone else design their website, create content for them or look after the day-to-day bookkeeping.

Outsourcing isn’t just about getting paid, it’s also about delegating tasks so that you have more time for yourself and your family, meaning less stress overall when running a business, making it one of the top benefits of being self-employed!

4. Decide when you take time off

One of the great benefits of being self-employed is that you get to decide when you take time off. You can take a day completely off or take some time to travel and recharge. If you took too many days off because you were sick, you might even be able to make up for it by working those extra hours on top of your normal schedule so that work gets done. Whatever your situation, self-employment gives you the flexibility and freedom to set your own schedule.

5. Grow your skill set and knowledge base

As a self-employed person, you can use your time to learn and develop skills that will help your business grow. You can take online courses, read books or blogs, attend workshops and seminars, or whatever works for you! It’s important to constantly keep learning in order to stay ahead of the curve and create a long-lasting business.

Are you ready to take the leap into self-employment? These five benefits may just be the encouragement you need to start your own business.

Why not get in touch with our professional Oxford accounting team today to see how we can help you in your self-employed adventure?

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