Essential Tools and Resources for First-Time Entrepreneurs

There are so many advantages to owning a small business. Gig small businesses can help supplement an existing income, while home-based businesses can supply busy parents with a flexible source of income. For veterans, owning a business can be a perfect way to transition back into civilian life. If any or all of these situations currently apply to you, having resources like the ones below can help you get your small business off to a successful start.   

Launching a Home-Based Business 

This is the perfect time to start a new home-based business and this setup can be perfect when you need to be at home for kids, pets, or other reasons.

     A successful home-based business begins with figuring out ways to stay productive and advertise your business to prospective clients.

     Once you have a foundation in place for your home-based business, you can work on creating a home office that will help keep you productive.

     Dedicated office space can keep you focused but managing distractions is also important, especially if your spouse or kids will be home.  

Getting Started in the Gig Economy

Gig businesses can provide a perfect blend of security and flexibility and there are endless ways to use your skills and talents to generate an income.

     Gig economy jobs include temporary, freelance, and flexible positions that can be perfect for busy lifestyles but you should also understand the potential drawbacks.

     If you’re just starting out in a new career field, a gig job could be a good way to get your foot in the door and gain experience.

     Budgeting is key to surviving and thriving in the gig economy, especially when it comes to being prepared for emergencies and retirement.

     A home-based gig job, like being a pet sitter, can be a safe way to get started if you still want to be able to work from home.

Finding Tools for All Small Businesses

Whether you start a home-based business, a gig job, or a blend of both, there are a few essentials you will need to ensure success and save stress.

     Startup funding is key and companies like ZenDesk are currently offering special grants to support new small businesses during difficult times.

     A business plan can provide a roadmap for your new business’s success.

     If you want to grow your business quickly, a user-friendly website is also crucial.

     Social media marketing can also provide a big boost to your new business venture.

     Find tools to help make your business more digitally secure. 

Accessing Veteran Small Business Resources

The resources mentioned above can be helpful for any entrepreneur but veterans may have access to tools that can make getting started even easier.  

     Local organizations can provide valuable networking and career tools for veteran contractors and business owners.

     National organizations and resources can also ease the transition from an active-duty career to operating your own small business in the civilian sector.

     There are also SBA assistance programs that provide financial tools and business training for veterans looking to start a new business.

     Registration with the VA’s Vets First Verification Program can also give you access to more tools and programs that can boost your new business.

Being successful with your first small business can give you such a sense of pride and satisfaction. So, make sure you have all of the financial, planning, and tech tools you need to help your new business thrive from the very start.

Photo Credit: Unsplash