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How to start a part-time business - Week 1 Concept
by Startacus Admin
How to start a part-time business - Week 1 Concept....
We’ve come to a rather obvious conclusion…breaking things down into smaller chunks makes them easier to swallow. This is very true for things like burgers, pizzas, birthday cakes and so forth, 
but equally beneficial when trying to “swallow” some great advice for starting up your own business.
So far in our metaphorical buffet of entrepreneurial entrées we've had a number of successful series including “How to start a popup shop” and “How to recruit for your startup” and now that 2014 is already 1/12 gone, we reckon it’s about time we get to work on the next round of posts.
Running a part time business can be a great way to get some of the benefits of self-employment with significantly less work, problems and effort than with running a full-time business… that is of course if you get the concept right! Put in the effort at this stage and you can have a smooth running, lucrative and enjoyable business; get it wrong and you could be left with a hellish, nightmare, money pit, waste of time!
The details
Dont let the words Part Time business fool you, they do not mean that your business is any less real than a full time one and as such you need to follow a structured and meticulous route to give yourself the best chance for success. Some things that you need to think about at this early stage are:
Choose a business - No matter what your interests are, there are a huge number of ideas which are really well suited to developing into a part time business. The key is to choose a business idea which best adheres to your reasons for becoming part time self employed. For example, many people choose to start their own part time business as a way of trialling an idea which could potentially balloon into a full time enterprise, and in that case a clear business model which demonstrates high growth potential is a top priority. On the other hand, if you simply want to earn a bit of extra cash on the side of your day job, then you will want to opt for a business idea that offers flexibility and a good steady income which is proportionate to the amount of effort you are putting in.
Some businesses that are particularly well suited to being run on a part time basis are; baking, fitness classes/ bootcamps, custom-made jewellery, trading on eBay/Amazon, greeting card making, skills classes, music tutoring, handyperson services, clothing/fashion design, seamstress services, antiques dealing, B&B, car boot sales, market stalls, child minding, cosmetic sales, gardening services, laundry/ironing services, musical performance, pet grooming, virtual assistant work, photography, sports coach, street food cart, software trainer, hair and beauty, house cleaning, artist…
It’s a list that really could go on and on but the important thing to remember is that you want to select a business that A) meets your needs B) will make the most of your skill and C) Is something and you have a genuine interest in and flair for. CliniShift wins the upSTART startup pitch title at Digital DNA for 2018, battling off against 24 other disruptive UK, NI and Irish startups. Launchpad, an innovative, post-graduate incubation & acceleration programme developed by Falmouth University that aims to create new digital businesses to meet identified market demand in just 12 months. Over ten weeks, tech startups will be given the unique opportunity to work with Lloyd’s market experts to shape the next big innovation.
Entrepreneurs take note! The lowdown on equity crowdfunding and some common misconceptions, care of European equity crowdfunding platform, Seedrs. The innovative app that's making the art of choosing wine for dinner an absolute doddle... Product and Hardware focused startups, take note! CRL is open once again for applications to their six-month accelerator programme, supporting the next gen of product-focused startups. Seed Pantry! Gardening for all thanks to this fab startup that is on a mission to get everyone growing more food and flowers Win 1 of 10 free general admission tickets to attend Digital DNA Belfast, care of upSTART 2018 Major Sponsor, Seedrs, Europe’s leading equity crowdfunding platform. WIN ONE of TWO FREE startup pod spaces in the startup zone at Digital DNA for FREE. Mothive - The innovative startup that's helping high value fruit and veg farmers reduce waste, maximise yield and optimise labour costs
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- CliniShift awarded upSTART startup pitch title at Digital DNA 2018 21st Jun 2018 CliniShift wins the upSTART startup pitch title at Digital DNA for 2018, battling off against 24 other disruptive UK, NI and Irish startups.
- Launchpad, the award-winning incubator/accelerator building high tech startups in Cornwall 21st Jun 2018 Launchpad, an innovative, post-graduate incubation & acceleration programme developed by Falmouth University that aims to create new digital businesses to meet identified market demand in just 12 months.
- Lloyd's Lab begins global search for tech talent 21st Jun 2018 Over ten weeks, tech startups will be given the unique opportunity to work with Lloyd’s market experts to shape the next big innovation.
- Hardware Accelerator CRL Open to Applications 16th Jun 2018 Product and Hardware focused startups, take note! CRL is open once again for applications to their six-month accelerator programme, supporting the next gen of product-focused startups.
