Tag Archives: Lake Mary team office space

6 Tips to Launch Your Startup Successfully

A recent article, 8 Things Every Startup Entrepreneur Should Do by Nellie Akalp says that having a great idea for a potential business is awesome, but getting off the ground isn’t easy.  The process is stressful and daunting. Nevertheless, listed below are tips to make a successful launch. Discuss your….
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A recent article, 8 Things Every Startup Entrepreneur Should Do by Nellie Akalp says that having a great idea for a potential business is awesome, but getting off the ground isn’t easy.  The process is stressful and daunting. Nevertheless, listed below are tips to make a successful launch.

  1. Discuss your idea with trusted individuals.

Book a meeting room and discuss your business idea with family, friends, or mentors to get advice and feedback before you launch your business. Getting honest feedback is an indispensable step in turning your vision into a reality.

  1. Create a business plan.

A business plan defines your vision, gives you directions and provides detailed strategies to attain your goals.  It also helps you handle setbacks and difficulties along your business journey. Usually a business plan includes your company profile, market analysis, marketing and sales strategies, and financial projections.

  1. Choose your business structure.

Many small businesses start as a sole proprietorship or partnership since it requires less paperwork and fees.  However, starting a C corporation, S corporation or LLC (Limited Liability Company) provides better shield for your personal assets, makes it easier to raise capital, and provides considerable tax benefits.

  1. Secure financing.

Calculate how much money you need to start your business and how you would fund your new business. Usually most startups are financed by personal savings, but if you need additional funds, you can apply for business loans, bank loans, crowdfunding, etc.

  1. Choose your business location.

If you choose to start your business from home, create a designated office space to help you stay focused, but ensure to check local zoning regulations before you launch, otherwise you can rent office space by the hour.

  1. Secure the necessary documents.

Start with securing a tax ID number or Employer Identification Number (EIN). Then get your business licenses and permits and other requirements to start your business. Don’t forget to get trademark protection for your business name and logo.

Conclusion

Following these tips will help you avoid so much stress in launching your small business. If you need ideal workspace solutions for your startup in Lake Mary, YourOffice Lake Mary offers you a wide choice of office and workspace solutions: Lake Mary flexible office space, Lake Mary team office space and Lake Mary virtual office packages. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.

Any other tips to successfully launch a startup?  We’d like to hear your thoughts.  You can also visit us on Facebook and Google Plus.

4 Questions to Ask Yourself Before Freelancing Full-Time

Many people are dreaming of freelancing full-time because of the flexibility it offers.  Nevertheless, Taylor K. Gordon in a recent article, 4 Things to Consider Before Freelancing Full-Time says that doing quite a bit of preparation in advance will make the transition successful. Here are 4 questions to ask yourself….
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Many people are dreaming of freelancing full-time because of the flexibility it offers.  Nevertheless, Taylor K. Gordon in a recent article, 4 Things to Consider Before Freelancing Full-Time says that doing quite a bit of preparation in advance will make the transition successful.

Here are 4 questions to ask yourself before taking the plunge.

  1. What are your long-term goals?

When you are working for a company in Lake Mary team office space, you have a definite career path and you know what to do to get promotions and to receive raises. Unlike when you’re freelancing full-time, your career path entirely depends on you.  What is your ultimate goal and how can you attain it? How do you give yourself a raise each year?  How do you plan to make it happen?  You should think about these things carefully.

  1. Where will get your regular income?

Having regular clients and consistent projects each week will make freelancing full-time pretty stable.  Reoccurring work gives you more stability than to start over each month seeking new income. This allows you to organize and project your income each month. So, it is very crucial to have some consistent worked lined up before you dive into full-time self-employment.

  1. Do you have emergency funds?

Your emergency saving is what you can depend on to keep you liquid until income starts flowing. How much you’ll need in emergency funds depends on your family expenses, keep a very slim budget so you may be able to save some cash. The rule of thumb is to save three to six months of expenses in liquid savings just in case business isn’t doing well. 

  1. How will you pay for your health insurance and retirement?

When you are employed, your company is paying for your health insurance and retirement.  However, you are completely on your own if you dive into full-time self-employment.  This is a less exciting and costly part of being self-employed. Review your options before jumping into self-employment, so you have a plan in place.

 

Wrapping Up

Freelancing full-time is almost everybody’s dream, yet you have to get equipped and prepared to put yourself in a more stable position.  Find some consistent work, augment your savings, and consider the long-term financial logistics. If you are looking for workspace solutions in Lake Mary to get started, YourOffice Lake Mary is a leader in providing the most prestigious executive office space Lake Mary and shared office space Lake Mary for any size business. Convenient, hassle free, and move in ready- our offices, meeting rooms, and conference rooms are designed to meet your business’ every need.

Are you ready to dive into full-time freelancing? Feel free to share your thoughts.  You can also visit us on Facebook and Google Plus.