{"id":585,"date":"2024-09-17T11:38:50","date_gmt":"2024-09-17T11:38:50","guid":{"rendered":"https:\/\/www.ofhlonline.org\/courses\/?p=585"},"modified":"2024-10-24T02:00:15","modified_gmt":"2024-10-24T02:00:15","slug":"starting-a-business-oppose-to-running-one","status":"publish","type":"post","link":"https:\/\/www.ofhlonline.org\/courses\/starting-a-business-oppose-to-running-one\/","title":{"rendered":"Starting A Business Oppose To Running One"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"512\" height=\"512\" src=\"https:\/\/www.ofhlonline.org\/courses\/wp-content\/uploads\/2024\/09\/businessImage.jpg\" alt=\"\" class=\"wp-image-599\" srcset=\"https:\/\/www.ofhlonline.org\/courses\/wp-content\/uploads\/2024\/09\/businessImage.jpg 512w, https:\/\/www.ofhlonline.org\/courses\/wp-content\/uploads\/2024\/09\/businessImage-300x300.jpg 300w, https:\/\/www.ofhlonline.org\/courses\/wp-content\/uploads\/2024\/09\/businessImage-150x150.jpg 150w, https:\/\/www.ofhlonline.org\/courses\/wp-content\/uploads\/2024\/09\/businessImage-100x100.jpg 100w, https:\/\/www.ofhlonline.org\/courses\/wp-content\/uploads\/2024\/09\/businessImage-450x450.jpg 450w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure>\n\n\n\n<p><br>Setting up your own business is a risk; it can mean an initial investment, unstable income<br>to begin with and uncertainty about the future.<br>Putting plans in place before launching is an easy way to feel in control and to foreshadow<br>any issues before they happen.<br>Starting with a professional setup will save you time and money further down the line.<br>Include as much information as you can think of on a business plan and set yourself<br>achievable goals throughout the first year.<br>A good way to get prepared is to talk to other business owners. No matter how much<br>online research you do, hearing first-hand accounts of how they were set up can give you<br>the vital information you may have missed.<br>Learn from their mistakes and take inspiration from their business beginnings to know how<br>to set up a successful business.<br>Industry regulations are often a huge hurdle to jump over, so do the necessary due<br>diligence beforehand.<br>Permits, contracts and insurance are three key areas for many businesses (amongst<br>others), so ensuring that the requirements are in place before you begin trading will set<br>you off on the right foot.<br>Starting a Business vs Running One<a href=\"https:\/\/www.wikijob.co.uk\/features\/useful-resources\/how-to-find-work-at-home-jobs\"><\/a><a href=\"https:\/\/www.wikijob.co.uk\/jobs-and-careers\/self-employment\/starting-your-own-business#starting-a-business-vs-running-one\"><\/a><a href=\"https:\/\/www.wikijob.co.uk\/jobs-and-careers\/career-planning\/achievable-career-goals\"><\/a>This is industry-specific as well as area-specific, so research and talk to any experts first.<br>Building a customer base from scratch is difficult for any new business, whether they are<br>providing a service or selling physical products.<br>Your brand awareness is the way you will increase your customer base.<br>Get your business a website and branding, ensure you are on the relevant social media<br>platforms, contact local media to get introductory pieces written about your business,<br>network with other local businesses and always keep evolving and trying new things.<br>Marketing your business is trial and error; some social media platforms come and go,<br>some are not relevant to your audience; therefore, ensure your website is optimized and<br>full of information is your space online.<br>Hire experts to make it the best it can be.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Setting up your own business is a risk; it can mean an initial investment, unstable incometo begin with and uncertainty [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-585","post","type-post","status-publish","format-standard","hentry","category-financial-independence"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.ofhlonline.org\/courses\/wp-json\/wp\/v2\/posts\/585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ofhlonline.org\/courses\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ofhlonline.org\/courses\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ofhlonline.org\/courses\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ofhlonline.org\/courses\/wp-json\/wp\/v2\/comments?post=585"}],"version-history":[{"count":2,"href":"https:\/\/www.ofhlonline.org\/courses\/wp-json\/wp\/v2\/posts\/585\/revisions"}],"predecessor-version":[{"id":600,"href":"https:\/\/www.ofhlonline.org\/courses\/wp-json\/wp\/v2\/posts\/585\/revisions\/600"}],"wp:attachment":[{"href":"https:\/\/www.ofhlonline.org\/courses\/wp-json\/wp\/v2\/media?parent=585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ofhlonline.org\/courses\/wp-json\/wp\/v2\/categories?post=585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ofhlonline.org\/courses\/wp-json\/wp\/v2\/tags?post=585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}