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WorksheetsSelf Employment/Freelancing Quiz
Total questions: 10
Worksheet time: 6mins
How do you come up with a good business idea?
Do exactly what your competitors are doing
Aim to meet a need or needs that aren't being met in the current market
Always purchase goods at a low cost and sell them for significantly higher
Keep changing your idea every 6 months
What is primary research?
Using an online search tool to figure out what's currently popular
Using past studies and industry journals to improve your idea
Carrying out your own research e.g. observation or test marketing
Researching investors that could support your business
What is an executive summary?
A list of all the people you plan to employ in your business
The last section of your business plan that includes further documents and resources
The section of your business plan that explains finances
The first section of your business plan that summarises key points
How many workers do you think are self-employed in the UK?
50 million people
1 million people
3 million people
5 million people
How much do self-employed people contribute to the UK economy?
£400,000
£275 billion
£5 billion
£50 million
When does the tax year start and end?
September to July
Jan 1st to Dec 31st
6th April to 5th April
Christmas to Christmas
When you are self-employed you have to pay tax directly to the HMRC. What does HMRC stand for?
Her Majesty's Royal Corgis
Honourable Mum's running clubs
Heavy metal real curses
Her Majesty's Revenue & Customs
What is the average salary of the UK self-employed?
£20,500
£58,450
£35,000
£100,000
What percentage of freelancers say they work at weekends?
25%
10%
72%
59%
What percentage of people are self-employed who work in the media and film industries?
10%
50%
70%
34%
