Wednesday, 29 October 2014

Starting a Business - A simple list

Starting A Business : a simple list for you first appeared in Issue One of One Thimble.

Research your idea. 
What is your bare minimum tools and supplies to get started? 
What does your ultimate start up look like?
Look at what is on the market currently.
Are there a lot of business already in the market? 
What can you offer that's different?

You have gone and picked a great business name for your new business and now you need to get it legal.

Register your business name with ASIC and while you're at it register a domain name and get all your social media accounts set up.

Get money smart!
Money management is only a problem when you don't have set systems in place. Establish a system now to track your expenses and income so you have a true account of your financial position. There are some great tools out there to take the pain away.

How are you going to sell your product to your customers?
Will you attend local markets?
If so, do you need insurance?
Will you be online? Yes? Where?
Research your options and decide which selling platforms are best for you.

Start to build your social media presence, build up to a launch with sneak peeks and networking. Get the conversation started about you and your great product.

Be fun, exciting and stand out from the crowd.
Get yourself a support network.
Running a business from home is hard work and you need people who will support you and inflate you!
You need people who you can trust to bounce your creative ideas off, consider joining online communities of like minded creative people.

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