Have you come up with a great business idea but don’t know how to turn it into a reality? It can be hard to take that first step, particularly when it seems like you have a mountain to climb. However, setting up in business needn’t be hard, especially if you can do it on a small scale from home.
When you start from your New Hampshire home, you may need little more than a business plan and a home office. It might be important to consider business insurance, as a homeowners policy likely won’t cover dedicated business equipment. Contact an insurance company or your agent for some quotes.
You might even be able to work on your business part-time in the early stages, until your business starts paying its way. Doing it this way may mean you need to be super organized to manage both obligations from your ordinary job, as well as your own business. But having regular income from your existing job to rely on could make a huge difference to your success or failure in the long run.
Also consider testing your business in a small way first. Find one or two clients, or pitch for a small amount of work, until you are sure your business idea will be viable. Don’t think about taking on rented office space or staff and expanding your clientele until you are sure you will have the means to support it.
