What are you waiting for? Start your own business with Tenet

Moving from the security of employment in a large organisation to being your own boss is a big step. With more of the working population embracing self-employment than ever before and the evolving profile of people making this move, it is worth considering how your life as a Financial Adviser could change for the better.

If you think the dream about starting your own business is as far as it will ever get, it may be time for a reassessment as figures show that more people than ever are taking the plunge and shaking off the shackles of working for someone else.

An increase in the number of self-employed in the UK has been a significant feature of the work force in recent years. A report from the Office for National Statistics published earlier this year reported that this group accounted for four million workers in 2016 compared with 2.4 million in 2001. Another interesting feature of this increase is that it has been driven mainly by those who have a degree or equivalent. So, can we expect to see more high-flying professionals making this important life-changing decision?

Take the initiative

Once qualified as an adviser it can come as a disappointment to find that your own ideas and ambitions are not part of your employer’s strategy and that you will be required to work to their targets and within their timeframe. It is not unreasonable to think that after years of study you are now qualified to make your own decisions and you may like to spend more time with your clients and try your own methods to develop new business. But, how will you find the time and the resources to set up your own business, what are the tax implications of running a company, what will it do to your career?

Whilst all these are good questions, setting up your own business can be easier than you think. What’s more, Research by the Chartered Institute of Personnel and Development’s shows that those who work for themselves are generally much more satisfied in their jobs than employees. Our members tell us that they have a great work life balance and spend much more time in front of their clients or with their families.

So, you like the idea of being your own boss, but are nervous about where to start – what’s the solution? Joining a network which offers a safer and supportive environment to start your first financial advice business. Tenet’s Business-in-a-Box solution offering our Restricted Advice Proposition enables you to go from employed adviser to running your own business, with your own brand, in just a few months. And, our raft of support measures makes the start-up process a far less daunting prospect.

The next step We’ll be happy to walk you through the proposition or talk about any aspect of the services included. So, if you’d like to know more, email info@tenetbiab.co.uk to set up a confidential conversation with one of our business start-up team. You’ll find us approachable, helpful and happy to provide all the information you need to start your own company.

See our previous blog on The benefits of being your own boss…