When you start up your business it is one of the most exciting moments in your life. The future stretches out before you and you have a vision of what you might be able to achieve, in terms of prosperity for you and your family and the freedom to pursue your own personal and career goals. Yet building a business is not a simple matter and you will be faced with many choices along the road. You might, for example, decide that having a business partner would lighten your load and make expansion easier. Whilst an obvious temptation, it is not always the most effective path. The choice of a business partner should not be taken lightly. You need to find someone who has strengths to complement your weaknesses and will add extra dimensions to the business mix. Very often we choose someone who we just ‘get on with’ but cannot really offer the input you need. I would always suggest that you hold off on bringing in a partner until you have established the basic business and the search out someone who can add a complementary dynamic. If you are essentially a ‘creative’ then you should try to find a partner who is more a detail person and vice versa.
Many new entrepreneurs get easily discouraged, they view the business as a goal in itself rather than as a journey to be taken, this means that if your business goes through inevitable periods of slack you start to worry and get despondent. You need to remember that all businesses have their tough moments and that all successes have some failure along the way. Always keep in mind the reason you first set up shop, let the vision that drove you to register your company and open for business be a constant guiding light in your daily work.
In this short video we remind you of these essentials business truths. We have helped many young businesses get though their early stages by providing all the basic office services at a price that fits with the budget constraints of a new enterprise and allows them to focus on the bigger business picture.