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Self-employment

1. Introduction

Self-employment: attitudes towards self-employment fluctuated during the pandemic, but many people choose self-employment. Entrepreneurial students often establish their own businesses during their studies after developing an interest and the necessary skills during their time at university.

In some industries like the creative arts, self-employment, freelancing, and portfolio working have always been a norm, however, it is now increasingly common for workers to contract out their hours, often on a consultancy basis to complete project work for their own clients. As a freelancer you can choose your own rates of pay, whereas portfolio working often includes bidding for contracts or applying for projects with salaries set by the company.

Many traditional professional services like accountancy, business development, and management consultancy are completed on a self-employed basis.

There are plenty of different options to consider. You could set up a social enterprise, buy into a franchise, work on commission for private projects, work with individual clients or at events/conventions, etc. You could have an online shop which you run alongside your full or part time employment. Keep your options open.