I’m after a bit of practical advice on how to go about earning some pocket money from skills I have from a previous job. Basically this new venture would need about £1700-2000 to get hold of the required equipment (I can buy this with savings etc) and then I could do I in my “spare” time around my current job. I don’t intend for it to ever become full time, but it would be nice to keep my hand in with some reasonably specialist skills, and it’s something I enjoy.
My questions are mostly about the practicalities- tax, insurance, accounts, registering the business or not (as a sole trader would I have to?) and whether I should tell my current employer (I won’t be competing with them or anything like that, but we share the same client base).
Anybody else done anything like this? Was it an enjoyable use of free time, or a complete ballache?
Sorry it’s not very specific, but I don’t want to get told off for advertising when it doesn’t even exist!