Leaving a Company & Setting Up Your Own Business
When you decide to leave a company to start your own business, you should follow a series of steps to make the transition as smooth as possible. You will be excited at the prospects of striking out on your own, but you want to make sure that you take full advantage of everything your current company has to offer first. Check on your retirement account, any vacation days you will or will not get paid for and health insurance arrangements prior to making your move.
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Instructions
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Discuss your intentions with your immediate manager. Depending on your position with the company, your manager may request that you remain for a time beyond your two-week notice to help train your replacement. It is important to do what you can for the company you are leaving to avoid burning bridges.
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Submit your written notice of resignation to the human resources department. Outline any special concessions you have made with your immediate manager, and point out the benefit your arrangements have for the company.
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Make arrangements to have your retirement savings account transferred to the financial company of your choice immediately after your last day of employment.
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Offer your services to any of the company departments that could be potential customers of your new business. For example, if you are leaving a company to start a cleaning business then discuss a potential cleaning contract with the building maintenance supervisor. If your company is not opposed to it, then you should spend as much time as possible promoting your new business to the company you are leaving.
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Work as hard on your last day with the company as you did on your first day. If you leave the company on a professional basis, you increase your chances of getting business from the company when you are on your own.
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Tips & Warnings
If you have vacation days coming that you will either not get paid for or will get paid for at a discounted rate, consider using those days prior to submitting your resignation. You can use that time to set up your new business, and still get paid from the company.
References
Resources
- Photo Credit business 2 image by Nathalie P from Fotolia.com
