BUSINESS

Försäkringskassan, SGI & Swedish Sickness Benefits

Well it is not too often that I get a full week of work with the one company, but this week I managed to land some work, only to be at home with a sick boy today.

His dad took him to work with him yesterday, and said that he could tomorrow and the rest of the week, which left today. We had thought he'd be ok, but that razor sharp cough woke me each time during the night, compounding my stress and contemplation of what to do. When I woke this morning, a few minutes after 6am, just before my alarm, I listened to the rain knowing I could not push him. He could not spend the greater part of the day outside in the dampness. Today was going to be a home-day.

So I kept both of them at home and we had a quite day, watching tv, building train tracks and embroidering. And I got the packing done - finalised! Complete! That takes a load off my mind. While my attitude to packing is fairly casual I still have to do it for 3 people, 2 of whom have grown out of some of their clothes, and account for temperature variation between 16 - 40 oC.

Kids are sleeping soundly and I have had a couple of glasses of wine since dinner, hoping to drug myself into a state of sleep. After all - I have nothing left to write on my list e at 1am tonight - there is nothing more I need to remember - it has all been done. Here's hoping I get more than the 5 hours of anxious restlessness I have had the last couple of nights.

Anyway, as ruthless as it sounds it is tough to give up a day's work to care for a child, and I understand there are often heated discussions in families to determine who will stay at home - whose job is the most important? Who will lose the most financially? As in so many places in the world the husband usually earns more, so it is most often the wife who stays at home to care for the sick child.This is despite the fact that Sweden has a very generous system where the parent who stays home and thus loses a day's pay, receives 80%of their salary back from the government. Now this might sound like a fair system that encourages highly paid parents to stay at home, but there is a ceiling on the payment which in turn discourages highly paid parents from attending to their little ones. Still, I can't help but think we are lucky. While I have no idea what the system is in Australia, I still can't believe my Canadian in-laws do not get paid to stay at home with sick children. What a lot of pressure that must put on a family, not to mention a child who may be unwillingly pushed out of bed and off to school if there is any doubt. Or if finances are tight.While my personal sickness benefits mean that I do not get paid for the first day I am at home sick (hence who only takes 1 day off??) caring for a child gives me coverage from the first day. And even as newly launched business owner I am still entitled to benefits. I have a right to send in a budget for 2009 (with 2008 being the start-up year) and a calculation is done based on that. That calculation is called my SGI and is the basis for my sickness benefits for the first two years of my business - whether it be for myself or for my children. Försäkringskassan is the government body that handles these payments and they not only require a budget but also a information about what salary someone doing the same job would receive, what background you have in the industry and what your calculations are based on - and you don't compile all this information in 10 minutes.

Once upon a time a new business owner's salary or SGI was calculated based on the salary of a person in a similar role, but that is no longer the case. It is almost entirely based on your budget, so be aware of that when you submit it - it will hold for up to two years if you don't provide evidence that you are doing better than you budgeted for.

All these things are worth knowing - friends of mine running their own business have been going without for years - every time a child was sick and they had to employ someone to work they took it as a loss in the business - and all this time they could have been claiming - just as every other employed Swede does. After all, that is what we pay tax for, even those of us who run our own business!

Time for me to get to bed, and hopefully sleep more than five hours!

Sweden Needs Entrepreneurs

that much I have known for a long time.
And apparently so much so that the government is sponsoring a one year entrepreneur qualification through Handelsskolan.


It is a combination of theory and practical work aimed both at those with a dream and those who already have a business up and running but are in the process of expanding. The contact hours are limited to three half-days a week and includes a final project. Each participant spends lot of the time working independently on their business concept.

Skatteverket

or the Swedish Taxation Department, are an entity unto their own. I spent an hour and a half there today in a meeting to discuss whether or not I should put V.A.T. on my invoice for my relocation services. That is how complicated Swedish taxation law is!!


Saying that I found the two I met with to be very amiable, approachable, friendly and helpful - clearly their approach has changed over the years. I have noticed a major difference in all my dealings with them as a business person 10 years on.

And the outcome, well they need to look in to it and confirm their findings.....

Trendgalan 2008

is an event arranged by So Stockholm and Maria Forssén with an aim to promote people, companies and phenomenon that are ahead of their time and have the potential to conquer the world. Trendgalan celebrates entrepreneurs and entrepreneurialism in an endeavour to encourage entrepreneurialism and bring forth good role models.

The speakers were many. They were eager to share their viewpoints,they were inspirational, informative and thought-provoking.
And as always, with any event organised by Maria Forssén - you don't walk away empty-handed. The goody bags given out always leave me thinking she must have a fantastic network of people ready, willing and able to support her projects!

Eget Företag Mässa - Day 1

Went along to the fair today and had a look around, listened to a seminar and saw the award presented for New Business of the Year.

When I went last year I found it very useful and took the opportunity to suck up information like a sponge. This year I found there to be fewer exhibitors and less interesting seminars - hopefully it is only because I don't quite have the same need for information. On the otherhand I know now exactly what I need and was more able to make use of those who were there, even if I was missing those who weren't.

One thing that struck me is there seem to be a massive increase in web-based services - business networks, financial services, web designers, business associations etc etc.
A sign of the times? Or people getting in on a growing market?

Interested? Check out the video blog (in Swedish).