A subsidy for establishing a company and a full-time job
Young people entering the labor market often ask themselves what path of professional development to choose: full-time work or maybe starting their own business. This question is not easy to answer as there are many factors involved in making the right choice. It requires time, reflection, orientation in the market sector that interests us, as well as getting to know ourselves. Is the subsidy for setting up a business also available to people working full-time?
Full-time job or your own business?
Working full-time is associated with stability, relative peace (after 8 hours you can leave business matters in the company) and a fixed salary. Setting up a business is a more complicated matter. It requires determination, independent handling of all official matters (including tax settlements) and good organization of working time. Over time, however, other problems emerge. While the owners of companies with an established position on the market can rest easy, novice entrepreneurs have to work much harder - there is no fixed time to work, therefore, due to ambition and the desire to achieve success, the beginning of a business is associated with a lack of time for private life.
Own business activity is also (at least in the initial stage of development) uncertainty about a fixed salary. It all depends, of course, on the nature of our work - if we have a well-established brand or regular customers, the problem seems to be marginal. It is different when we enter a new market - here we have to show commitment, self-confidence, and take care of our own image, because we will present the company to potential customers. The above-mentioned issues concerning running a company are related to its establishment.
But what if we do not have funds for the investment, which already at the stage of settling all formalities requires further action? A subsidy for setting up a business can come to our aid. If we decide on it, we will be forced to choose: a subsidy or a full-time job. What are the consequences of choosing the first option?
A subsidy for setting up a business and the consequences of choosing a business
Only unemployed persons may benefit from subsidies for setting up a business. This means that in the event of submitting an application for a subsidy, employed persons are obliged to quit.It is not an easy decision, as it involves the risk of refusal, so you should think over your business plan beforehand and answer the question: does business make sense in my situation? It should also be remembered that depending on the length of service, we must take into account a notice period, which is, respectively:
1.with an employment contract concluded for a trial period:
- 3 working days, if the trial period does not exceed 2 weeks,
- 1 week, if the trial period is longer than 2 weeks,
- 2 weeks, if the trial period is 3 months,
2.in the case of an employment contract concluded for an indefinite period:
- 2 weeks, if the employee has been employed for less than 6 months,
- 1 month, if the employee has been employed for at least 6 months,
- 3 months, if the employee has been employed for at least 3 years,
3. in the case of an employment contract concluded for a definite period, longer than 6 months, the parties may provide for its termination with a notice period of two weeks.
However, before we decide to voluntarily dismiss from work, it is worth finding out at the Employment Office when the money will be available to start a business for the unemployed. There is no rule for this and it really all depends on the place of residence of the person applying for the subsidy - often, however, the money appears quarterly or even every six months - it is therefore advisable to submit the application at least 3 months before the planned subsidy. It is worth adding that despite the risk of failure, so far almost 26,000 have used this option. entrepreneurs.
We start establishing a business
To become unemployed, you must not only quit your full-time job. We have to prove that we do not conduct other gainful activities, such as under a mandate contract, and that we do not receive other types of benefits (benefits, pensions).
The next step is to set up a business, which, however, cannot be done in a flash. We need to: register at the Commune Office, obtain a REGON number, set up a bank account, report the entrepreneur to the Social Insurance Institution, and then notify the National Labor Inspectorate about setting up a business.
If you want to obtain subsidies from the EU, you should create a very detailed business plan, which should present such elements as the purpose of the activity, planned expenses and income as well as the advantages of the selected venture in the region and industry that interests us. It is also important to find the appropriate program from which we want to receive funding, which depends on the maximum grant amount and the conditions to be met, plus the preparation of the necessary documents, which differ depending on the program.
You can apply for an amount in the region of PLN 20,000 from the County Employment Office. PLN, although depending on the place of residence and the type of business, it is not always possible to get the full amount.
What counts is a correctly prepared business plan and - if possible - additional training and even letters of intent from future business partners. Once we meet the above requirements, all you need to do is be patient up to 30 days, because that's the time officials have to make a decision.
Start a free 30-day trial period with no strings attached!
The received subsidy for establishing a business does not guarantee success
Co-financing will certainly help us in starting our business. However, it should be remembered that the money received must be used as agreed in the application. In the event of failure to meet the declared obligations, when an inspection occurs, we must take into account legal consequences. However, if we are honest, we must face further problems on the way to success.
Beginning entrepreneurs can count on a preferential rate in the case of ZUS contributions, which amounts to over PLN 400 per month. After two years, however, they increase to the amount of over PLN 1,000. zloty. You should also remember about the constant risk, adding your savings to promoting the company, and the loss of all the benefits that we had guaranteed in the case of an employment contract. Therefore, we must take into account the lack of the possibility of paid sick leave or holiday leave. As you can see, apart from commitment and willingness to develop the company, a strong personality and resistance to stress are also important. The more that it is often associated with work 24 hours a day.
Is it worth the risk?
If we are not sure about the choice of our professional development path, and we are currently employed under a contract of employment, it is worth considering a specific decision once again. This is a very risky step and can really only be recommended to people who are aware of the upcoming success and feel that staying in a job in the long run does not make sense to them. Once again, it should be emphasized that the key aspect in making a decision is the analysis of all pros and cons, market observation, a detailed business plan and a conscious belief in your idea.