Becoming a self-employed HR consultant

Resource summary

This factsheet was written by Mike Cannell, previously CIPD Adviser, Learning, Training and Development and since self-employed again. It has been updated by CIPD staff in August 2011.

Is self-employment an option for me?

This factsheet is primarily for those who are considering becoming self-employed HR consultants, although those already working in that capacity may also find it helpful.

Self-employment can be a viable and exciting career option. But moving into self-employment requires commitment and careful planning. Naturally, money is important, as are marketing and networking skills. Work-life balance issues will come into the equation for many as well.

Not everyone is cut out for self-employment and those who have doubts about their ability to work outside corporate environments should probably think twice before committing themselves. Here are some useful questions to ask yourself:

• Can I handle the uncertainty that comes with a constantly-business environment?

• How far do I rely on the social network that regular employment provides?

• Do I have the self-discipline to work on my own? Are my time management skills sufficient? Will I be able to handle the peaks and troughs?

• What minimum income do I need? What costs will arise over the course of each year?

• What support can I count on from family and friends?

• If I leave my current employer, might I be able to count on them for at least some initial work?

• Which people might be useful to me in my new career? How do I go about meeting new useful contacts?

Login or register for a free account to continue reading this factsheet and to learn about:

• Is self-employment an option for me?

• What if I am being made redundant?

• Money and fees

• Where to work, lifestyle and work-life balance

• Marketing, selling and networking

• Associates and employees

• Useful contacts

• References

• Further reading