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  <title>MMP139: Preparing for self-employment</title>
  <description>This week, I answer a listener question about preparing for self-employment. You may also recall the session from a couple of weeks ago about adding a sideline income - this week&amp;amp;rsquo;s show will help with that too&amp;amp;hellip;&#13;
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Podcast: Subscribe in iTunes | Play in new window | Download&#13;
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Sponsor Message&#13;
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This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I&amp;amp;rsquo;m doing, trying to get decent, easy-to-understand financial information out to the world. I&amp;amp;rsquo;m very grateful to them for their support. You can see what they&amp;amp;rsquo;re up to at 7im.co.uk&#13;
In this session:&#13;
Regular listener Andy wants to know what he might need to put in place before going self employed, particularly bearing in mind that he may not be able to draw a regular monthly income at least in the early stages of his business. In this session, you'll discover:&#13;
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The easiest thing to forget when you're preparing for self-employment&#13;
The one thing you'll need to to do to survive as a self-employed person&#13;
Why it might be best to start with some money behind you&#13;
One big decision which will dictate your tax situation&#13;
Why it is so important to keep good records form the start&#13;
Some things you should be sure of if you're working from home&#13;
The insurance you should think about&#13;
What you need to know about pensions, and...&#13;
Why you need to register with NICO.&#13;
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Resources mentioned in this show&#13;
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Book: Emyth Revisited - Michael Gerber&#13;
Accounting software: FreeAgent&#13;
Accounting software: Xero&#13;
Podcast: Auto-enrolment&#13;
Website: Gov.uk - registering as self-employed&#13;
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Join the conversation&#13;
I love to read and respond to your comments, so please do join in and share. Question: Are you preparing for self-employment? If so, what steps have you taken?&#13;
Share the love&#13;
No reviews this week due to recording a couple of shows in quick succession.&#13;
If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:&#13;
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  <author_name>The Meaningful Money Personal Finance Podcast</author_name>
  <author_url>https://meaningfulmoney.tv</author_url>
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