Tips for starting your own business

And it won’t cost a thing...

Tips for starting your own business

So you’ve decided that you want to earn a little extra, you’ve set your heart on starting your own business and making money for yourself.

We have some tips and tricks that will help you make that money.

Work with what you’ve got

Make a list of the skills that you have, can you cook, are you good at fixing things or are you a good driver? List the skills that don’t cost you anything, like washing cars or making clothes, and rate yourself. Now that you have identified your best skill, you can start practicing on friends and family.

Ask customers to pay for their own materials

If you don’t have the money to buy materials to pre-make products, you can take orders from clients and charge them extra for the material or ingredients. This works for girls who want to create furniture, bake or do arts and crafts. When pricing your services or products, go around and ask business owners with similar products or services what they are charging. This will ensure that you aren’t charging too much or too little for your work.

Get a mentor

Getting a mentor who has experience in running a business is a good way to learn about entrepreneurship. You can look for business owners in your community and ask to shadow them. Mentorship can also come in the form of a business incubator or hub. Business incubators are programs that teach young people how to run a business and if your business idea is good enough, they help you develop your ideas. You can read more about business incubators here

Remember starting a successful business requires hard work and dedication, with these tips and tricks you can be on your way to becoming a successful businesswoman in no time.