As many of you will know, starting your own business is not an easy task. Whether you run a business full-time or are thinking about starting one, all of us will have similar issues that we need to consider.
When I established LED Media, the following five things were at the top of my list to consider.
Work – life balance – This is the one thing that always suffers when you embark on a new venture. Even though I try my hardest to schedule in time at the gym, a run around the neighborhood or time just to switch off, work (and the computer) always creep back in.
Support Base – Do you have a strong support base that can help you out? Family and friends are crucial. I am fortunate to have supportive parents and friends, whose advice and patience have been invaluable. Without this support, I would not be where I am today.
Whether you are starting a franchise with Sylvan or working on a new business idea, these five characteristics are important for you to consider. Are there any other factors that you would add to the mix?
Sylvan has asked freelance writer and blogger Laura Dunn to contribute to the Sylvan Franchise Blog by sharing her experience as a businesswoman. Dunn will be featured on the blog several times each month, so check back often to read her advice for aspiring entrepreneurs.