What to do after Redundancy
Turn employment redundancy into an opportunity
If you've been made redundant, or are being asked to consider taking voluntary redundancy - KEEP CALM AND DON'T PANIC
Many people have been in the same position, and have found that they are capable of developing their skills into a successful home-based business or job.
Redundancy can hit almost anyone, at any time. Jobs that were previously considered 'jobs for life' are now facing the axe, as businesses, councils and government departments struggle to cope on reduced budgets. There's plenty of practical advice around on what to do when you're made redundant, but it's also worth considering looking beyond just applying for a new job.
Think postitive - you can do it
Consider how being made redundant can be turned to your advantage and be a positive turning point for you. Your redundancy could be the push you need to review your working life, and perhaps this is the moment you realise you can start up the business you've always dreamed of, or choose to leave the 'rat race' behind and work from home, using your skills, energy and drive for your own business.
The enforced time-off when you are made redundant has been used by many former
9-to-5 workers as a breathing space, to reflect on what direction they want their life to go in. However, unless you have come out of the job with a large redundancy payment, most of us will need to start earning a living as soon as possible.
But will you get back on the treadmill as an employee again, or will you take the opportunity to create the lifestyle and business you have always wanted?
Starting your own business is easier than it ever was in the past. Selling anything is much simpler now via a web site, and as long as you've got a phone and internet connection, you can work from home with generally little or no investment and minimal running costs.
What to do when you have been made redundant
The most difficult part of starting a new business for many would-be entrepreneurs is coming up with a good idea. If you've got an idea or skills that transfer easily to self-employment, then you're up and running, but if you are stuck for a business idea, then it's worth taking time to decide what you want to do. Finding a gap in the market that you think you could fill is a good place to start.
There are lots of business ideas on this site and lots of them just require enthusiam and common sense, rather than a particular skill set. They require varying levels of financial investment from zero up to thousands of pounds, but they are all things that people have made money at eg Catalogue Deliveries, Party Planning, Online Sales , Network Marketing or team building.
Running a business for yourself can seem daunting if you've always worked for someone else, but the ingredients for success are qualities that you've probably already got. Working for yourself can be scary at first, as you don't have the support infrastructure of working for someone else. There's no-one else to blame if things go wrong and if you don't do something yourself, it doesn't get done - the buck stops with you!
But, on the plus side working for yourself can bring big rewards, not only in financial terms but also in being able to structure the kind of work-life balance you want. Running your own business can be enormously fulfilling and enjoyable - if you've only ever worked for someone else, you'll be amazed at the buzz you'll get from landing a new customer, making a sale, tying up a deal or showing others how to earn an income from home!
Why not give us a call to discuss on 01473 851284, text us on 07720 613950 or fill in our contact form on the Contact us page