Balancing the demands of your old job with your new life as a mum isn’t always easy. Putting in long days at work when you’d rather be pushing swings at the park, board meetings instead of mothers’ meetings…and even the most fascinating career can’t always compare with being home in time to tuck your little one up in bed. So if you’d rather please yourself than please your boss – maybe starting your own business could be the answer?
There’s a lot to think about before you set up on your own, so do your research. The government’s business portal is a great place to start, with online tutorials, support on applying for permits and licences, and checklists of everything you need to cover before you get going.
If you prefer to find out more face-to-face, you can go on a course running you through the basics, find a local one here.
And get some real advice from people who’ve done the same – if you’re on Twitter, find some mumpreneurs to follow then see who they follow who might inspire you, like @claireoconnor, @mumstheboss, @mumsclub
Once you’ve thought it through, there are plenty of hoops to jump through before you can get started. The government’s page on self-employment is a must-visit for finding out what you must have in place before you can operate a company. Registering a business, sorting out tax, keeping records and filling in the right forms – it’s all here.
You will also need to make sure your finances are in order – many banks have a business advice service, or you could employ an independent financial adviser, or check with an accountant to make sure you’ve covered everything. Personal recommendations are a good place to start.
Franchises are a good bet if you want a business that’s already established but if a franchise isn’t right for you, you could still consider buying an existing business – websites like this one are a good place to look.
If you’ve researched, planned and thought it through and you still think running your own business is for you – it could be what you’ve been looking for to find that elusive work/life balance.