A bit of background (Old thread)
I'd like to start my own thread on my recent decision to have a go at being my own boss. I've been very unsatisfied, unmotivated, depressed, etc, etc, with my existing job. For the last 4 years I've been stuck behind a desk, working in the maritime sector: planning vessel arrivals/departures, managing pilots, managing bookings and data entry, etc, for multiple UK ports. It's a demanding and stressful job, but totally unfulfilling and for a long time I've been unhappy. It's been effecting my health - high blood pressure, headaches, anxiety - and I've decided it's time to do something about it.
I've approached work and there's a very good chance I will be able to go part time; they're already recruiting, but haven't filled the post. There is already another part timer happily doing mornings, so I'm working on the assumption they'll want the PMs covered. This should equate to 20 hours per week and will probably be afternoons, 1300-1700, but this is yet to be discussed.
I love being outdoors, whatever the weather. I've been off a couple of weeks and spending a lot of time walking my dog. It's been an amazing help with my mental wellbeing. My wife and I have casually spoken about what I could do if I ever quit and sometimes dog walking came up. We know 3 or 4 dog walkers and they always seem happy and have said it's something we should consider. We've been speaking with them a great deal more this last few weeks and they've given us massive help in describing what the job is, the highs and lows, and the bottom line has always been - it's great! Do it!
My wife works 3 days a week and my plan to go part time should allow the dog walking business to grow naturally, without placing too much financial pressure on the household income. I'll start with morning walks, then, when word of mouth kicks in, I can judge when it's time to actually give up the shipping job, for which I will have to give 3 months notice unless I can negotiate it down.
Business
I've spoken with a few people about setting up a business and it's my belief that sole trader will be the way to go.
I'm looking into my choices of business bank account and as I already bank with Monzo, their offerings seem to fit the bill. I can start off with their free version and can go for their £5pm version if I find I need the extra features. This comes with a 6 month free trial of Xero. As I'll need some accounting software, is this a good one? I don't want to get deep into Xero but then find there's a better solution and have to switch (unless that's easy?) A good friend of mine who has his own Ltd Company recommended 'Counting Up' for a business bank account with invoicing and accounting functionality. Seems good at £9pm.
Costs
A dog walker friend of ours recommended an application called 'My Pet Walker'. This costs £15pm. To accept payment via Stripe, it's 2% + 20p; payouts 0.25% +10p. This software provides management for bookings, cancellations, invoicing, payments, etc. I need to look into this and see if it provides any tools in regard to what the tax man will need...
I've always been PAYE, so keeping track of the finances and automating as much as possible is quite high up my list of needs.
Insurance is going to be about £13pm.
No qualifications are required, but I can get a 'City & Guilds Level 2 Certificate of Technical Competence in Dog Walking' for free (usual cost £250) once my salary has reduced to p/t and becomes below the threshold to qualify. This course is also the foundation of gaining other related qualifications. I think having these will be a good usp and hopefully separate me from the pack.
Dog First Aid is about £30 and can be done online.
So initial setup costs are relatively low. And monthly outgoings also.
I know there are no guarantees and it'll take a while to get to the same level (if at all), but our closest dog walking friend happily told us she brings in £700-£800 per week, doing three group walks a day.
Motivation
I'm mindful this is becoming a wall of text and thank you if you're still with me! I'm sure I'll have loads more questions to ask, but in the meantime, if you've got any advice or simple words of encouragement, or tales of how you started off, I'd really appreciate it.
Thanks for reading.
I'd like to start my own thread on my recent decision to have a go at being my own boss. I've been very unsatisfied, unmotivated, depressed, etc, etc, with my existing job. For the last 4 years I've been stuck behind a desk, working in the maritime sector: planning vessel arrivals/departures, managing pilots, managing bookings and data entry, etc, for multiple UK ports. It's a demanding and stressful job, but totally unfulfilling and for a long time I've been unhappy. It's been effecting my health - high blood pressure, headaches, anxiety - and I've decided it's time to do something about it.
I've approached work and there's a very good chance I will be able to go part time; they're already recruiting, but haven't filled the post. There is already another part timer happily doing mornings, so I'm working on the assumption they'll want the PMs covered. This should equate to 20 hours per week and will probably be afternoons, 1300-1700, but this is yet to be discussed.
I love being outdoors, whatever the weather. I've been off a couple of weeks and spending a lot of time walking my dog. It's been an amazing help with my mental wellbeing. My wife and I have casually spoken about what I could do if I ever quit and sometimes dog walking came up. We know 3 or 4 dog walkers and they always seem happy and have said it's something we should consider. We've been speaking with them a great deal more this last few weeks and they've given us massive help in describing what the job is, the highs and lows, and the bottom line has always been - it's great! Do it!
My wife works 3 days a week and my plan to go part time should allow the dog walking business to grow naturally, without placing too much financial pressure on the household income. I'll start with morning walks, then, when word of mouth kicks in, I can judge when it's time to actually give up the shipping job, for which I will have to give 3 months notice unless I can negotiate it down.
Business
I've spoken with a few people about setting up a business and it's my belief that sole trader will be the way to go.
I'm looking into my choices of business bank account and as I already bank with Monzo, their offerings seem to fit the bill. I can start off with their free version and can go for their £5pm version if I find I need the extra features. This comes with a 6 month free trial of Xero. As I'll need some accounting software, is this a good one? I don't want to get deep into Xero but then find there's a better solution and have to switch (unless that's easy?) A good friend of mine who has his own Ltd Company recommended 'Counting Up' for a business bank account with invoicing and accounting functionality. Seems good at £9pm.
Costs
A dog walker friend of ours recommended an application called 'My Pet Walker'. This costs £15pm. To accept payment via Stripe, it's 2% + 20p; payouts 0.25% +10p. This software provides management for bookings, cancellations, invoicing, payments, etc. I need to look into this and see if it provides any tools in regard to what the tax man will need...
I've always been PAYE, so keeping track of the finances and automating as much as possible is quite high up my list of needs.
Insurance is going to be about £13pm.
No qualifications are required, but I can get a 'City & Guilds Level 2 Certificate of Technical Competence in Dog Walking' for free (usual cost £250) once my salary has reduced to p/t and becomes below the threshold to qualify. This course is also the foundation of gaining other related qualifications. I think having these will be a good usp and hopefully separate me from the pack.
Dog First Aid is about £30 and can be done online.
So initial setup costs are relatively low. And monthly outgoings also.
I know there are no guarantees and it'll take a while to get to the same level (if at all), but our closest dog walking friend happily told us she brings in £700-£800 per week, doing three group walks a day.
Motivation
I'm mindful this is becoming a wall of text and thank you if you're still with me! I'm sure I'll have loads more questions to ask, but in the meantime, if you've got any advice or simple words of encouragement, or tales of how you started off, I'd really appreciate it.
Thanks for reading.
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