In conjunction with a green invoice

14/10/2021

Independent, but not alone: ​​on the challenges of independence and how to deal with them

The decision to become independent is one of the biggest we will take in our lives and it is accompanied by quite a few understandable concerns and an important learning process.

To help you in this exciting way, there are now smart and special solutions that are worth getting to know

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Worth getting professional advice (Photo: ShutterStock)

In key moments, people tend to say "my life is divided into two" - before and after that moment.

But this is true not only for the big moments.

After all, every day we make decisions, so why has this expression become so prevalent in such situations?

Because just like with popcorn in the cinema, decisions also come in different sizes: small, medium and of course, large.

And when the time comes to make big decisions, their consequences are complex and we are aware that this is a significant moment.

One of these decisions is an exit to independence, the day we stop being employees and become masters of ourselves.

In Israel today, there are almost half a million self-employed people, who face the challenges that make up the path they have chosen and are looking for the appropriate solutions and guidance that will help make the decision they have made as worthwhile as possible.

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These challenges can be broadly divided into four types:

- Every self-employed person will be able to tell you that one of the scariest moments comes on the 10th of the first month after independence, when you look at the bank account and do not see a paid salary.

If that's not enough, at least in the beginning the expenses will be higher than the income and you will find yourself "eating savings".

It is true that this is a decrease for the purpose of an increase (hopefully), but until the increase arrives, several months may pass.

To deal with things, you should keep as much order as possible so that you can see a gradual progress that will calm you down and look ahead to what the future holds.

A convenient system to operate, as you will find in a green invoice, will allow you to easily keep track of income, expenses, customer list and more and make sure you are indeed on the right track and profits on their way to you, even if not on a 10 monthly basis.

- Of course this initial decline, until the results start to arrive, affects beyond the business itself and both you and your environment will probably feel it.

You suddenly find yourself alone, with thoughts of retirement and at night it is difficult to sleep because tomorrow you have to pay VAT or the employee you hired, but there is not always where. And when is it even allowed to go on vacation, or not work on weekends when I am self-employed?

Therefore, it is important for the self-employed to find a way to turn "alone" into "together".

This can be done with the help of professionals who also know how to support and guide you, such as a skilled business consultant and of course, through communities like "Just Be Independent" of Green Invoice - where you will find a listening ear and a place to consult and raise questions.

There are four types of challenges.

How do you deal with them?

(Photo: ShutterStock)

The professional -

let's say you chose to go independent following a brilliant product you developed or a unique service. You will soon discover that beyond the development itself, there is a whole world that you must learn or alternatively, pay others to do the work. This includes production, marketing, sales, shipping, packaging, collection, deposit and more - it all depends on the nature of your product or service. How much time should I devote to each of these out of my day rule and what amounts to spend? These are questions that you will have to make decisions about. The answers can be found in many places across the web, including the Green Invoice magazine and podcast, where professionals present various explanations for typical problems that arise. Consult and learn from the experience of others - it will improve your progress graph.

All the other types of challenges are complex, but we also understand to some extent and we can deal with them pretty quickly once we get over things. But what do you do with the logistics of the business? Of all the things about becoming independent, this is probably the biggest initial shock - opening a file in the income tax and social security, business account with appropriate guarantees, proper use of an accountant, bookkeeping, an attorney who prepares regulations, establishing a licensed dealer and more - everything is expensive and everything is complicated and can Easily lead to financial anxiety for fear of making a mistake with the various authorities and pay dearly for it.

Therefore, various programs and solutions have been created that aim to help you right now. Using a green invoice system you have the opportunity to dive into this world , Ask questions and manage the finances and reporting to the authorities of the business through a regular and stable sequence of actions, which will become clearer and more logical as time goes on.

Bottom line, independence is a blessing (probably not just because there are so many freelancers) - the profit at the end of the road can be significant and as part of the process, you learn to recognize and specialize in lots of different areas that help you grow.

If you have chosen to be independent, it does not mean that you have to go through the process alone.

After all, along the way you find the best tools and people and learn the most interesting and exciting things.

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Tags

• Digital invoice

• Green invoice

• Self-employed

• Independent

• Business