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Are you ready to start a rewarding career as a small business owner, freelancer, or solopreneur? Whether you’d like to start a small business from home, dip your toes into the world of freelancing, or you’re a veteran or wife of a veteran with a solid business plan, we’ve compiled some tips and resources to help you turn your home-based business idea into a reality. Read on to get started!
Small Business Owners
If you’d like to own and operate a small business from the comfort of your home, these tips and resources will help you to get the ball rolling.
- Consider what type of business you’d like to operate, and what it will take to get there. Some options can be started immediately, while others might take more doing.
- You can earn an online business degree, majoring in business management, human resource administration, marketing, health information management, or accounting.
- Start your business from home. Draft a business plan, design an office space, and obtain the funding you need to get your business started.
- Finance your small business through self-funding, crowdfunding, venture capitals, and peer-to-peer loans. You could also apply for a small business loan under the U.S. Small Business Administration (SBA).
Freelancers and Contractors
If you’d like to work from home but aren’t ready to own and operate a small business, freelancing or contracting could be a better option for you. Here are some tips for getting started as a freelancer.
- Understand the main differences between self-employment, business ownership, freelancing, and solopreneurship. By doing so, you’ll ensure that you’re embarking on the right career path.
- Review HubSpot’s step-by-step guide on starting a freelance business. You’ll need to set attainable goals, think about how you’ll manage your money, and decide how much you’re going to charge for your services.
- Create a space at home that can be used for your new freelance business. A private office space will help to eliminate distractions and boost your productivity.
Former Military Members
If you’d like to start a small business after serving in the military or you’re the spouse of a veteran, these tips and resources will help to improve your business knowledge, secure the financing you need, and get your new business off the ground.
- Explore the different SBA resources available to veterans. Eligible veterans can enroll in entrepreneurship training programs and apply for funding through the SBA’s Military Reservist Economic Injury Disaster Loan Program (MREIDL).
- Secure additional funding with these grants and loans for qualifying veterans. In addition to the MREIDL, veterans can secure financing through Warrior Rising and the StreetShares Foundation.
- Get a veteran-owned business certification through the VA’s Office of Small and Disadvantaged Business Utilization (OSDBU) and the National Veteran Owned Business Association (NaVOBA).
Whether you’d like to own and operate a small business, begin a work-from-home career as a freelancer, or succeed as a veteran entrepreneur, these quick tips will help you to secure the funding you need, expand your business knowledge, and turn your dreams into a reality. The more informed you are about the process of starting a home-based business, the more likely you’ll be to achieve success as an entrepreneur.