How to become a pizza business owner: Tom's story

Meet Tom to find out more about life as a pizza business owner as part of our Bitesize world of work series.

The Maths I learnt in school definitely helped a huge amount with getting to this point.

Tom enjoyed Maths at school and had a head for business. At 15, he used all of his savings (£100) to buy some ice cream and sell it at a beach. Using the profit, he bought the first bits of equipment for his pizza business Stoned, which has been growing ever since.

Tom uses maths every day to run his business. For example, he calculates cashflow, profits, turnover, projections, how much stock to buy and how many people to hire.

He also saves a lot of money by being able to do his business accounting himself! Without his knowledge of maths, Tom wouldn't be able to keep his business running smoothly.

Tom: "I get to make pizza and I get to work with friends so it's kind of a win win!"

Tom's career path

What to expect if you want to be a business owner

The salary and working hours when you own a business can vary enormously but what's most important is that you work hard and love what you do.

Working for yourself looks different for each person and each business, but in general it means you:

  • run your own business and are responsible for its success
  • can decide how, when and where you do your work
  • charge an agreed, fixed price for your work
  • sell goods or services to make a profit
  • can hire people at your own expense to help you or to do the work for you.

You can be both employed and self-employed at the same time. You can work for your employer during the day, for example, and run your own business in the evenings and at weekends. It’s important to contact HMRC for advice if you’re not sure if you’re self-employed.

You can get help with setting up or developing your business, through the government’s business support services, for example, for advice about tax or about how to find funding to start your business.

This information is a guide (source: GOV.UK).

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