Photo Credit: PexelsYou can build your very own business and define your own version of success. In order to do so without any major issues, you need to ask yourself a few questions, to start. Read on to learn more from Disability Awareness
Why do you want to start a business?
Figuring out your “why” is a first step towards figuring out your overall business plan. You may have a single “why” or you may have a hundred. There is no wrong or right answer here! Maybe you even need some help coming up with the reasons why you should start a business. Consider these suggestions:
- No more working in someone else’s office. This office is all yours!
- You will have complete control over your schedule and workload.
- As a business owner, you can be as creative as you want.
- You can help the differently-abled as you understand their challenges best.
What tools will you use to start a business?
There are so many online tools and resources you can put to work for your business. For example, you could use a business plan template to figure out why you’re starting a business. You can find many templates and planning tools online to help you create a top-notch plan.
Also, you will want accounting software that allows you to process payroll from a smart device. This software should give you the most return for your investment, so find one that simplifies payroll tasks like generating timely and correct paychecks, paying taxes and filing tax forms virtually, and being able to set reminders for both paying employees and meeting important tax deadlines.
What problem will your business solve?
Whether you want more flexibility or more opportunities to help other people, you have your reason ironed out. Now, you need to think about what sort of new business to set up. You may already have something in mind but if not, a good place to start is by thinking of a current consumer problem (or one in your life) that needs to be solved. Perhaps that problem is a need for innovative technology or simply for a local spot to get good coffee.
Just like your “why,” the possibilities for your “what” are endless, too. If your main goal is a flexible schedule, businesses that allow you to work from home may be best. You’ll have plenty of choices, like tutoring students, freelance writing, or online marketing.
How will you get startup funding for your business?
Now let’s look at your “hows.” You can start with how you plan on getting the money needed to get your brilliant idea off the ground. Again, writing out a business plan will be your first step in securing funding. Some will say a business plan isn’t necessary, but creating one shows investors, banks, and even your friends that you are serious about getting your new business off the ground. Plus, you will end up answering a few more critical questions for yourself in the process.
With a completed and polished business plan worked out, you can look for funding. There are multiple channels for getting the funds you need, including loans, grants, and crowdfunding. Since you are an entrepreneur who is living with a disability, grants can be especially helpful.
Starting a business begins with answering your why, what, and how. From there, you can use online resources to find additional information that will help you build a more inclusive business. At the very least, we hope the questions above help get you started on the path to success!