How to go freelance after redundancy
Tools & Resources
Key Learnings
- From graphic design to cake making, and accountancy to fire safety, you might be surprised what you can do in a freelance capacity.
- It is recommended that you have between 3 to 6 months’ worth of living expenses in the bank before you plan to go freelance.
- Some businesses include a clause in termination or redundancy agreements that prohibit former workers from working in their sector or contacting their clients for a fixed amount of time.
- Once you're sure you want to proceed, you can improve your chances of success by conducting market research and writing a business plan.
Being made redundant can be a stressful event and, whatever reason your organisation may have had for making you redundant, it can dent your confidence. Choosing to go freelance is a great way to put your skills and experience to good use and can lead to a highly rewarding career post-redundancy. Here, UMi partner Transmit Startups suggests what to ask yourself before you commit to self-employment.
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