October can be a spooky month, but The Women's Organisation are here to tell you this October that starting a business doesn't have to be scary!
Taking a few simple steps when starting your business can make the whole process much less daunting. Here are some of our top tips for taking the fear out of following your business dreams.
- PLAN! One of the top causes of business failure is lack of or poor business planning. Just by taking time to put together a plan of what you are hoping to achieve, identifying possible threats to your plan and being realistic about the costs can help to avoid headaches later.
- GET ADVICE! Free advice is on offer, so take it! Ask your family and friends for their input, but do remember that they will always give you a slightly biased opinion. Asking other business owners you know about their experiences is a good start, but remember that FREE professional business advice is available through The Women's Organisation.
- SHOW ME THE MONEY! Beyond your own finances, there are options to help you find the money you need to start up. A £200 grant package is available for women in Merseyside through The Women's Organisation and start up loans are available for up to £10,000 through local providers. Additional grant funding or lending options may be available to you, just finding out about them is the tricky part. Here is where advice comes in again.
- GET LEGAL! Do some research on the legalities that go with your industry. Are their certain qualifications you will need? What type of insurance will you need? Remember to ask your adviser for help with this. Registering as self employed with HMRC is one of the biggest things that new businesses fear. It doesn't have to be scary though. It is a great thing to make your business official and simply means you will be asked to complete a form once a year to declare your earnings. If you haven't made more than the current tax threshold that year then you may not need to pay any tax at all! A free half day course is available at The Women's Organisation to help you to better understand tax and national insurance.
- GET MARKETING! As soon as you have your plan in place and think you are ready to get going, start spreading the word! You can use social media as a free way to start, and look online for free networking events.
- GET EXCITED! Never forget the reasons that you considered the idea of working for yourself. Whether it be the flexibility of choosing your hours, not having a big bad boss to answer to or just pursuing something you love, be proud of yourself for your achievements along the journey.
There are lots of things to think about when starting up, but help is available to help you, so why not ask for support.
During the last week of October The Women's Organisation team will be on the road to talk to women about their business ideas and show them how they can get help to start up. Drop in to one of the sessions listed below.
Monday 27th October - Start-Up Ain't Scary Sefton
10am-11.30am Crosby Library
12pm-1.30pm Formby Library
2.30pm-4pm Maghull Library
Tuesday 28th October - Start-Up Ain't Scary Liverpool
9.30am-11.30am The Interesting Eating Company, Allerton
1pm-3pm Norris Green Library
Wednesday 29th October - Start-Up Ain't Scary Knowsley
10am-11.30am Huyton Costa Coffee
1pm-2.30pm Poco Coffee Shop Prescot
Thursday 30th October - Start-Up Ain't Scary Wirral
9.30am-11.00am Wallasey Library
11.30am-1pm Rock Ferry Library
2pm-3.30pm Prenton Library
Friday 31st October - Start-Up Ain't Scary Liverpool
10am-12pm Liverpool Central Library
1-3pm The Florrie, Toxteth
1.30pm-3.30pm The Women's Organisation, 54 St James St, L1 0AB
No need to book, just pop along, or contact our team on 0151 706 8111 firstname.lastname@example.org