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START A SERVICE BUSINESS

September 14, 2015 10:12 pm Published by Leave your thoughts

There are many advantages associated with starting your own business selling services. Perhaps the biggest advantage is you become your own boss, take control of your future, and in effect become the master of your destiny. I’ve been self-employed for a number of years, and for me the lure of self-employment is the freedom and independence that calling the shots affords, which can be difficult to achieve when you work for others.

Operating your own business also gives you the potential to earn more money, in some instances two, five or even ten times more than you’re currently earning.

Every person has one or more skills other people are prepared to pay for in the form of a service provided to them, or to learn. However, with that said, most people have a tendency to underestimate the true value of their skill sets and experiences. 

Here’s how to set yourself up for success.

  1. Ensure That People Will Pay for Your Service. This sounds simple, but it is critical to your success. 
  2. Start Slow. 
  3. Be Realistic About Your Earnings. 
  4. Draft a Written Stategy.
  5. Put Your Finances in Order
  6. Learn Your Legal Requirements. 
  7. Get Insurance. 
  8. Educate Yourself.

Explore all financing options, contact First Down Funding to find out what funding your business qualifies for.

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