Todays lecture was conducted by Helen McCarron who is a Careers and Employability Advisor and Claire Butler who is the Student Enterprise Co-ordinator. Their lecture was focused around freelance work and self employment work. Both Helen and Claire provided some very useful information about registering as a sole trader with the HMRC, book keeping and tax, what you should be charging, business expenses, accountants, invoicing, VAT and etc. I found this to be very useful information as I would like to be self employed after University, Not only in sound but in film and surprisingly in Graphic Design (I’ve already made a Graphic Design Company in my past time, which of now in third year is never). They even showed statistics relating to freelance work that allowed us to understand how accessible freelance work can actually be. they shows stats like 30% of people working in creative media are freelance’. Creative Skillset Workforce Report 2014 and 67% in Audio, Sound and Music. They then went on to list some of the Pros and Cons of working as self employed. These were as follows
Pros
- Freedom to work around requirements.
- Being your own boss.
- Variety of projects
- Being your own boss.
Cons
- Initial start up costs.
I didn’t get enough time to write down the rest of the bullet-points*
In the end of the lecture they explained how that everyone in the class are all eligible for a £2500 grant to help us become freelancers, and we will also be given support from a mentor.
I really liked this lecture the most out of them all as this would help further my goals in being self employed.
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