SELF-EMPLOYMENT AND SUB-CONTRACTING
If you’re planning on working as a self-employed fitness professional or as a subcontractor, it is essential to understand what is involved in setting up your own business. It’s an exciting step, but you need to make sure you have done your research and planning – you’ll be the CEO of your business, but you will also be the finance, human resources and marketing manager as well. There are some questions you need to answer honestly before you get started (thanks to the Fitness Network):
- Am I in a financial surplus?
- Do I have the necessary business acumen to run a successful business?
- Am I willing to do whatever it takes to make my business successful?
- Do I have a business plan?
- Can I handle the pressure?
The Federal Government’s business website comprehensively sets out everything you need to know to start the process, from choosing a business name, to setting business goals and objectives.
Each state and territory also has information and resources to help you get started.
The New South Wales Government has also published a small business toolkit that may be useful to anyone looking at setting up their own business.