4 Tips How to Start a Business As a Stay at Home Parent
Starting a business as a stay at home parent not only offers the possibility of an extra source of income, but can also be really exciting! Of course, you’ll face unique challenges related to balancing your responsibilities as a business owner and as a parent.
One of my favorite memories as a kid. Was coming from school to see my mom home.and to be able to share my day with her .She has always been my BFF my ride or die chick (smile)
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Being a stay at home Parent does not mean being condemned to earning little or no money, in fact thanks to the internet, more and more mom's and dad's are able to publicize their offerings and monetize their skills and business ideas through blogs and social networking sites.
4 Tips How to Start a Business As a Stay at Home Parent
Choosing an Idea
Setting Up Your Business
Launching the Business
Balancing Your Responsibilities
Choosing an Idea
Freelance If you like writing, taking photo, teaching , you could make a substantial amount of money as a with the skill you already have the opportunity for you to put your creative abilities to use and to create a source of income for you and your family .
Begin a Dog trainer or even start a business as a dog walker By charging a fee per dog, you can make a good amount of money over the course of a week. In the end, you’ll make money working with animals and doing something enjoyable. When starting your business:
- Put up flyers in your neighborhood advertising your dog walking business.
- Tell your friends, family, and neighbors about your business.
- Offer discounts if a person has multiple dogs or has you walk their dogs several times in one day.
Setting Up Your Business
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- Think about how much you would charge for a certain service. For example, if you’re offering a dog walking service, think about how much money you need to make per dog so it is worth your time.
- Decide how much it would cost you to resell a product. For instance, if you are reselling vintage clothing, determine how much you will or can pay for a specific article of clothing and how much time and money it costs for you to sell it.
Launching the Business
Get the word out. After you’ve stockpiled products or determined what service you’re going to offer, you need to make sure people know that you’re in business. Ultimately, advertising is one of the most important aspects of establishing a successful business.
- Create a website, if appropriate. For instance, if you’re setting up a consignment shop, you should probably create a website that lists store hours, location, and gives potential customers an idea of the products you offer.
- Use social media to promote your business. For instance, create a Facebook page for your business.
- Take advantage of your friend network to get the word out about your business. For example, let your friends know, and let the parents of your children’s friends know. This might be especially helpful if you’re offering a dog walking or babysitting service
Have your product ready. While you’ve set your budget, gathered supplies, and done some sort of advertising, you need to be ready to serve your customers when they call. Thus, make sure you are ready to supply your goods or services when the time comes.
- If you provide a service, be ready to set aside time to provide that service. For instance, if you have a dog walking service, write in the times that you’ll walk a person’s dog.
- If you sell goods, make sure you have plenty on hand. For example, if you sell baked goods, make sure you have ingredients on hand to bake cupcakes when your customers want them
Balancing Your Responsibilities
List your time constraints. Before putting together a schedule to balance your work and family responsibilities, you need to list all of your obligations. This is important, as you might have significant time constraints associated with taking care of your children. Thus, reflect on them when picking a potential business to start. Some time constraints might include:
- Picking up and dropping off children.
- Coaching little league or another extracurricular activity.
- Preparing meals or cleaning the house.
- Readying the kids for school in the morning.
- Taking care of unforeseen events like taking a sick child to the doctor
Hope this has been helpful
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