How To Start A Business On Your Lunch Break

How To Start A Business On Your Lunch BreakSource: Unsplash

Starting a business is not something that should be decided upon on a whim. It is hard and it will push you to your limit. It also requires a certain amount of bravery. By starting a business you are stepping out into the unknown. Will this business succeed? How will people react to my business? There is no real way of knowing for sure. You just have to have faith in yourself and a lot of determination. You have to believe that YOU will make a success of your business.

Running a business can be incredibly rewarding. It is liberating when you become your own boss. Running your own business gives you freedom, you decide the hours you want to work and when you want to work them. You decide when you want to take lunch. Every decision is down to you. Your business is for you to run, how you choose.

Perhaps you feel like you are stuck in a dead-end job. Are you dreaming about escaping and starting your own business? Do you want chase your passions? Then you are ready to start your own business and it needn’t be that daunting. You can start a business fairly easily. You could even start the ball rolling over your lunch break. So do something amazing today, don’t waste your lunch break sitting in the staff canteen, today you are going to start your business by following three easy steps.

Step 1

Write your business plan. You don’t need to worry about going into too much detail at the moment. You can come back to this later. This is just you getting the ball rolling. This is you taking the first step towards starting a business. You need to think about what the aim of your business is. Is there a gap in the market for your business? You will need to set some time to research your target audience. What are the goals for your business? How are you going to achieve those goals? You need to come up with an action plan, you can also find an example of a business plan template on https://www.score.org/resource/business-plan-template-startup-business, this is completely free to use and it will make the whole process easier for you.

Step 2

You need to decide on your budget. How much money are you going to need to set this business up? You need to list everything. Think about the basics you will need for your business. Will you want a website? If you do need a website then you will need to pay for hosting, a theme, website security. Make a spreadsheet for everything that you think you will need. You also need to make sure that you include; any office space lease, licenses, permits, equipment, trademarking, insurance and salaries. Allow yourself 20% on top of what you have budgeted for. Unexpected expenses always tend to crop up.

Step 3

You now need to find the money so that you can start your business. There are a number of ways you could fund a new business. Beg from your friends and family, but then that always adds on additional pressure. You don’t want to let your friends or loved ones down, so borrowing from them should probably be a last resort. You could always apply for a startupbusinessloans.co, they will talk through your options and help you find the best deal that works for you. Finally, you could also try and launch your business on a bootstrap budget. However, most businesses would like some capital behind them to help their business become a success.

These first three steps for starting your business are really very simple and easy to follow.. You could easily start this on your lunch break or at home one evening. So what are you waiting for? Get you pen and paper out and start that business.

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