How To Start a Small Business After Divorce

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Life after divorce can be overwhelming for anyone. After years of sharing your life with someone, your routine is disrupted, and you have no choice but to get accustomed to being single again. The emotional rollercoaster is no easy ride, but you can get through it. 

Starting a business comes with a whole lot of challenges for anyone. Nevertheless, it can be done, and with great success. Your effort to find more insight on the same is already a step in the right direction. If capital is a problem, you can explore the small business funding options within your reach. The following tips will help guide you along the path to success in business after divorce. 

Pick what you love doing or are good at 

Is it possible to enjoy doing something that you’re not good at? Yes. Well, maybe not yet, simply because you’ve not given it enough attention in the past. Perhaps, you are fascinated by baking, and have been watching tutorials on Youtube and following all the great bakers, but yet, you are to try out the ideas. 

It is also possible to be good at something, say painting, even when you’ve not practiced it much. Chances are you’re just talented in that area. 

You can also consider a skill you acquired in school, such as graphic design, which you’ve become an expert in. 

Set up your business around what you love to do. Let’s use the example of baking again. Every time you begin baking, positive energy will be stimulated. You’ll be happy and excited to try out new recipes. The distress of your divorce will fade out at such a moment, and you’ll focus your energy on being productive. 

Work from home 

When starting a new business, you want to keep your expenses as low as possible. You can partly achieve this by working from your house to avoid incurring additional costs. In this case, you could be in a bungalow with a backyard (if you got to keep the house) or you could be in a tiny apartment where you’re starting your life all over again. Either way, you can make it work. Set apart an office, even if it is just one corner of your bedroom. Plan for working hours, where you’ll solely dedicate to your business. Working from home also saves you the time and money that could have otherwise been spent commuting to and from work. 

Use social media to advertise 

Marketing can be a costly affair, but it doesn’t have to be. Your social media platforms give you access to your potential customers at near-zero cost. Create business profiles on Facebook, Twitter, Instagram, Youtube, and so on. Are you in fashion design? Showcase your best pieces. You can ask a friend to be the model for your outfits or simply do it yourself. Are you in the culinary space? Display photos of your best cuisines. This fact applies to every other field of business. Have a robust online presence and learn to interact with your customers. Attend their queries and advise them on the services that would be best suited for them. Here, your goal should be to convert your followers into customers. 

Ask for help 

Life after divorce can be lonely. Resist the urge to shut out everyone. Not everyone is judging you. Open up to people who genuinely care and are interested in your welfare. If you have older children, make them part of the business. They can handle your social media pages; chances are they’re more tech-savvy than you are. Let them handle aspects of the business that they’re capable of; whether it’s shopping for materials, doing deliveries or even balancing the books. Involve friends or even members of the extended family who are willing to help. It could be as simple as letting them sit with you to go over your idea and brainstorm on it. Two (or multiple) heads are always better than one. 

Use only a portion of your savings 

Do not sink your entire savings into the business, no matter how lucrative it is. Spare some for a rainy day, now that you do not have a spouse to fall back on. When considering how much to spend, look at your revised expenditure. Perhaps you had a house when you were married and are now back to paying rent. Think about custody matters, as well. How much do you have to contribute to the children’s upkeep? Businesses take time to generate profit, even with the best of plans. You cannot afford to have your coffers dry. 

There you have it. With these pointers, you can go ahead and begin to actualize that business plan. Maybe you’ll marry again, or perhaps not. Either way, financial worries will be a thing of the past with a thriving business to your name.

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