According to the Center for Women’s Business Research, women now run 40 percent of the nation’s privately held businesses. Being your own boss can provide flexibility that women look for to balance home life and work life. You can dig deeper into your passions, and it’s one of the best opportunities for professional success. Here are four tips to get you on the right foot into your new, promising career.

1. Build your network before you build your business. If you have an entrepreneurial mindset, don’t wait until you submit a resignation letter to start working on your business. You never know who could help you in the future.

2. Make a plan. Develop a sustainable business plan that fleshes out every detail of your company with real financial projections based on market research. Casting a clear vision on what you want to achieve will give you tangible goals to begin pursuing and provide a road map for turning your desire into a reality.

3. Thicken your skin. When starting your own business, it gets pretty personal pretty fast. The job isn’t easy, and you’ll need a thick skin and an all-star work ethic to ride it out. Professional fortitude can also combat subtle gender biases that could stand in your way.

4. Pinch pennies. You’ll have to fight to keep your new business on a shoestring budget and seek new ways to build revenue and grow your business for the long term. Don’t wait to crunch the numbers, either. You don’t want to be thousands of dollars in the red before you learn you need outside funding.

As a small business branding, consulting, and marketing firm, Arzo Enterprises strives to provide answers to all your first time questions. Contact us anytime via our Contact Page if you need any further information.

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