Justin McFarquhar

Aug 09 2007

From a hobby to a Full Time Business

Justin had been employed previously as a computer technician but after losing his job, spent over 18 months on the Job Seeker’s Allowance. Whilst on the JSA, he started thinking about turning his hobby of e-bay trading into a full time business.

The major barrier he faced whilst putting his idea into action was that of raising finances to buy stock of collectable models and accessories for console gaming, to be sold on. Gradually he overcame this barrier and was able to expand his business from profits made in early trading days.

Blue Orchid were able to help Justin seek advice and guidance with accounting systems and legalising his business, including completing a Self Employment Declaration. He also had general support and advice on back to work bonus schemes which he was entitled to through his benefits to help stabilise his financial position whilst he started his business

 

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