Want to leave the corporate life to start up my own business - sole trader vs. company?
I have this new found urge to leave the corporate world (I'm a marketer with almost 10 years of experience within the financial services sector) and start-up my own business. Simplicity is my new motto.
Having lived abroad most of my life abroad, I have a lot connections in the Middle East and China. I though maybe becoming an export trader in the UK would be good start. However, I know nothing about exporting or importing.
My question is - would it be wise for me to take some courses. For e.g. the ones below:
- Wade world trade certificate, or
- Import/export international trading course - ICI
1. Would you recommend the above courses for someone looking to become a sole trader? Is it worth the money spent?
2. Do the credentials gained hold any value with suppliers and buyers?
3. Will the above actually help me get my business going?
4. In order to become a trader, is it advisable to be a sole trader or setup a company? (Be more professional)
5. Is it worth working in a niche market, such as the ideology to trade green products only
I'm scared of taking this leap of faith and not being able to draw any income. I don't know where to begin so any help will be much appreciated!
Thanks in anticipation,