Setting up a business can be scary yet exciting.
Many people don’t even consider creating their own business as they either think that don’t have the money to get it started or believe they don’t have the skills to be successful.
Two important things i have learnt over the last 10 years.
- You can set up a business with very little expense and invest more into it as you earn money.
- We were all created with a talent and a gift, it’s just a matter of finding it and working out what your purpose is.
In this article, I want to share with you the steps you need to do to start your own business.
1.Write down all the skills and experiences you have. Include any courses you have completed.
2.What are your qualities (personal characteristic’s) How do your friends normally describe you?
3.If you could click your fingers and be running a successful business, what would it be? Do you have a hobby you would rather be doing every day? What do you have a passion for? Write them all down.
4.If you have a business idea then write down your vision here.
5.Do some market research, talk to your family and friends about it. As a few questions to your mums/ dads group, jump onto facebook and ask. Look at similar businesses that are local to you.
6.What would be your business goals and how much income do you want to generate per month from it.
7.Choose a business name- make sure your name is available by doing a business name, domain name, and facebook business search. Go ahead and register them.
8.Decide what business structure you want (sole trader/ partnership/company/trust) and if you want to register for GST straight away.
9.Get an Australian Business Number (ABN)
10.Create a business plan
11.Decide if you want/ need to trademark your business/idea.
12.Complete any business licenses you require to start your business.
13.Go through and complete anything else from your business plan that you need.
14.Set up your product and service information
15.Get your website set up and organize some flyers, business cards etc.
16.Set up any other social media accounts (start with 1-2 more besides your facebook business page)
17.Create a sales plan, set up an email marketing campaign with a opt-in/ call of action and email funnel.
18.Start creating content and share on your social media accounts and facebook groups.Promote your business on local business directory websites, billboards, newspaper, noticeboards, plus do networking.
19.Promote your business on local business directory websites, billboards, newspapers, noticeboards, and network, network, network.
20.Continue to work on your content, products/ services each week and show up to network daily if you can in facebook groups and other networking groups. Remember to send out regular newsletters at least monthly as well. Doing this will keep you gaining, new and repeat clients.
Having a business can be tough as you end up having a huge to do list that you can struggle to get through each day. Working on ways to automate your work load is key, this could be by time blocking, setting up email automation or even hiring a virtual assistant or outsourcing your workload.
I hope I have helped you with the steps to starting your own business. If you need help and advice on any of the points above then book your FREE discovery call today.
Hey I’m Jacinta Thomas, and I want to be your new business accountability partner, friend, and mastermind. I specialise in business start-ups, wordpress website tech, and online marketing.
I may be reserved, but you will find me extremely kind, with the knowledge and know-how of anything business related.
If you’re family focused like me and want to start up your own business and become self-employed than I can help you every step of the way as you begin your entrepreneur journey.
Whether you need help from finding that perfect business name, getting it registered, helping to find a place to run your business, getting your website up, advertising and marketing, networking, social media, balance, time management, accounts, tax and more. From online to shop front, warehouse to mobile, starting with a small cash flow or loads of money to start your business. I’m a jack of all trades business wise and if I don’t know, I will find out for you. I’m here to help.
So if you’re like me and love animals, essential oils, country music, family, chocolate and everything in between and you want to have business flexibility, happiness and be your own boss then let’s chat.