Top Tips For Starting Up In Business
Jan 10, 2011

Do you dream about being self-employed and starting up your own business? Do you crave the flexibility of being your own boss? Do you have a fabulous idea for a potential business that you know would be a huge success but you’re unsure how to get started?

On returning to work, many mums find working for other people a very inflexible and challenging experience. Juggling work commitments and childcare can be exhausting, especially when other challenges arise, such as illness and school holidays. If you are one of the many mums with a great idea for a business but you are unsure how to go about starting up in the world of self-employment, here are some great tips for you to consider.

Identify Your Market

Once you have identified your dream business, you must thoroughly research the market in which you are entering. Ascertain the need for your business idea within the market sector and recognise your direct competition. Whatever scale of competition you are up against, hone the unique selling points that will make your business stand out: do you have a better service offering, are you cheaper, quicker or more effective than the rest?

Additionally, decide whether you are working on a local, national or international scale and acknowledge your limitations: there is no point promoting a service you simply cannot fulfil.

Establish Your Working Schedule

You must have a good idea of the available hours per week you can give to your business. As a working mum, this should be weighed against the responsibilities you have to your family and how much time you feel you can truly give the business.

Deciding how much additional income you would like to earn per week/month will also give you a good indicator of how many hours you need to work. Try to schedule a particular time when you work to ensure maximum productivity during these exclusive work-only hours.

Be Flexible

No end of planning will allow for the occasional illness of your child or the emergency trip to the hospital! What you can do, however, is create a contingency plan. In the event of you not being able to work when planned, you should work out a back up. Flexibility is one of the greatest joys of owning your own business. You may have to put in ‘unsociable’ hours but the upside is you can be there for your family when they most need you.

Create A Business Plan

Writing a business plan will allow you to communicate your ideas, aspirations and goals in a logical format. It will focus your mind and give you goals to work towards. Additionally, it will help you plan more effectively so you can prioritise when and how you want to achieve these goals.

Network

Networking is an invaluable way to promote your product offering and to generate business growth. Not only is networking a great way to meet new clients, it offers a fantastic medium to share information about business ideas, experiences and pitfalls. If you haven’t an immediate network of people that you can contact, find some of the many business-networking events in your area that are held throughout the country.

A Mentor Provides A Boost!

If you are new to the world of business, having a mentor on hand can be a boost. Mentors can discuss your business goals in detail, offer advice and manage your expectations. Additionally, having a successful entrepreneur as a mentor will keep you focused and motivated! Empowering Mumpreneurs provides personalised business coaching packages to mums wanting to start up in business and mums who are already in business but would like support to generate growth.

We hope these tips will inspire you to take the step towards becoming a mumpreneur! With our help, your business dreams could become a reality – and a huge success! For more information, please visit our main website www.empoweringmums.com

Start your journey today – achieve confidence, balance and clarity for an easier, happier life!

Empowering Mums is on a mission to empower a million mums and mumpreneurs just like you with greater confidence, balance and clarity to activate your infinite capabilities within! Enabling you to enjoy an easier, happier life alongside running a highly successful business. Aligned with enjoying time out for an essential self-care routine that fulfils your own needs and delight in quality time spent with your children being the mum you really want to be!

For further support please contact Empowering Mums today on 01606 334 015, alternatively visit our website at www.empoweringmums.com for more information.

 

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