Hi, my name is KHarris86! would love to set up my own business

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KHarris86
KHarris86 Online Community Member Posts: 1 Listener
edited April 2023 in Work
Hi all, 

I'm looking for some help and direction. 

I've been diagnosed with Fibromyalgia for 2yrs, but suffered for 8yrs now. 
I'm a horse person (mostly non ridden due to the pain in my hip) and would love to set up my own business of teaching others how to care/school their horses (the equine world is so toxic, nobody shares the basics of how to lunge a horse! Protected trade secrets...). 

I want to be self employed so I can structure my days according to the pain management, but I've no idea how to do this. 

I applied for PIP back in January 2022 but I am now at tribunal stage. I am working with a disability initiative. But as a mum to several children, I do feel the money pinch becoming tighter and tighter. 

I hold equine qualifications, I have 35yrs in the equine industry... but I have no experience with start up grants/loans/self assessment/tax, etc. 

Please help? 

TIA, 

Comments

  • Sandy_123
    Sandy_123 Scope Member Posts: 63,123 Championing
    Hi @KHarris86 welcome to the forum
    That sounds a good idea, I love horses but never ridden one. I'd love to tho. Hopefully someone else can give you direction on your plan. 
    One thing I will add  is to research your market, put the feelers out and see if you get people interested. Might be worth seeing a business adviser.
  • chiarieds
    chiarieds Online Community Member Posts: 17,127 Championing
    Hi @KHarris86 - & welcome to the community from me also. There's a lot of free advice on the Federation of Small Businesses' website, which you may find helpful: https://www.fsb.org.uk/  try their free 'Knowledge Hub.'
    There's also some info on the government's website: https://www.gov.uk/working-for-yourself
    If I could give you one piece of advice, it would be to employ an accountant. They could do your tax returns (based on your accounts), & help you with their knowledge about any tax queries. I had accountants all the time I was self-employed, & found them very helpful indeed. Search here for a chartered accountant: https://find.icaew.com/  tho you can't go past word of mouth.....perhaps you could also ask on a locally-based facebook site?
    May I also wish you every success. :)



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