-Do an immense amount of research. This factor is very important and should be the first thing that you do. As you do more and more research many details of your intended business venture will become clear to you and make you think: do I really want to do this? Of course, there's the “fun” stuff, but really pay attention to the aspects of things that may be a bit difficult, such as: taxes as well as local and state laws.
-You will hold quite a few titles, so learn all of the proper roles. You'll be working for yourself, therefore you'll be the owner, manager, customer service representative, HTML programmer, director of public relations, sales associate, and the list goes on. To successfully run your business, you will know how to properly execute each role.
-Have a well thought-out business plan. Include everything: your vision/mission, marketing and advertising tactics, customer service information, hiring and personnel information, start-up costs, pricing strategies, expected first-year cash flow analysis, ownership and legal structure, leasing agreements and so on. Depending upon the type of business that you decide to open, your business plan factors will vary. Be as detailed as possible when planning, don't overlook anything.
-Stay true to yourself, always. As you begin to tell more people about your business intentions, everyone will try to give their input. They may tell you that you're not doing something right or how to do something or they may even try to change your vision altogether. Although it's OK to take advice, remember that this is your business. Which is why having a great vision and doing research are so important, so that you will know what is best for your business.
Being self-employed takes an ample amount of dedication, you may even encounter tough times and confusion when planning things out, but don't lose sight of your dream. By doing the proper amount of work, you can turn your dream of being self-employed into a reality.
