Working for Yourself

Some people love to work for themselves and choose to freelance or start their own business. If you are going to run a business, there is a Graduate Business Start Up Programme support package available through Unlocking Cornish Potential which you can apply for. However, if you are keen to secure freelance opportunities these will get advertised here on GradCornwall.

Rough guide to the difference between Freelancing and Running a Business

Freelancing

The person can focus on areas of strength
Flexible working
Service quality can only be really guaranteed by the person
No need to employ other staff
Can build the business steadily over time
Work to build a reputation in a busy market place
Offers flexible services to meet bespoke client needs
Assets surround the person’s expertise or skills
People can freelance when they’re not able to secure employment
Freelancing requires the individual to complete a tax return
People who are self-employed become known for who they are
Can grow into a business

Running a business

Focus on many areas of activity
Commitment needed full time in the early stages
Service can be delivered by other trained people
Involves employment and management of other staff
Business is usually a unique offering, product, service
Offers a product/products or services which are identifiable by a brand and marketing strategy
Business can become an entity in its own right with assets
Businesses can employ their owners
Complex laws apply to running a business
Businesses become known for what they do
Can outgrow the owner