You may have been dreaming for a while of giving up your day job, working for someone else, and following your dream of being your own boss and running your own business. If you have decided to go for it, here are a few things that you need to consider first, before you take the plunge into business life…
So, you have your idea – what next? Well first, you must identify whether your business does any of these 3 things:
Solve a problem
Fulfil someone’s needs
Bring something new to the market
Have a think about this and how your business will bring in something new and what is your unique selling point?
When you have thought about it, you will need to construct a business plan. This is essential and can help you to spot any pitfalls that you may encounter that you haven’t already thought of, as well as spot any opportunities.
Think about your website and your marketing – getting through to the right people is crucial, so it would be useful to use the services of a marketing strategy consultant to ensure that you are reaching the right people and utilising the internet and social media as well as you can to get your brand out there and get noticed.
Decide if you will need a team – You may want to consider hiring employees to help you, for example a bookkeeper will be able to help you with the financial side of things whilst you focus on getting your business up and running, or maybe you will require somebody to help take phone calls or deal with administrative duties.