10 top tips for budding ‘mumpreneurs’

621 views

Published on

Research suggests that as many as one in ten mums would like to run their own business. It can be the best way to get control over your working hours and spend more time with children, while still being able to contribute to household income.

Published in: Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
621
On SlideShare
0
From Embeds
0
Number of Embeds
31
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

10 top tips for budding ‘mumpreneurs’

  1. 1. 10 top tips for budding ‘mumpreneurs’ Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk Copyright © BHP Information Solutions Ltd, 2010. All rights reserved Antonia Chitty of Family Friendly Working
  2. 2. 10 top tips for budding ‘mumpreneurs’ <ul><li>Think with your head and your heart as to what fits your business and family life </li></ul><ul><li>Are you motivated by money or family? </li></ul>Copyright © BHP Information Solutions Ltd, 2010. All rights reserved 1. List your priorities Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk
  3. 3. Copyright © BHP Information Solutions Ltd, 2010. All rights reserved 2. Think about time <ul><li>Be realistic about the time you can commit </li></ul><ul><li>Write down which hours are possible. Do they fit in with nursery commitments? Are they the same hours each day? </li></ul>Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk 10 top tips for budding ‘mumpreneurs’
  4. 4. <ul><li>Do you have the answers to the key questions? </li></ul><ul><li>Does your product or service have a unique appeal and at the right price? </li></ul><ul><li>How will you overcome any competition? </li></ul>3. Research your market Copyright © BHP Information Solutions Ltd, 2010. All rights reserved Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk 10 top tips for budding ‘mumpreneurs’
  5. 5. 4. Write a business plan Copyright © BHP Information Solutions Ltd, 2010. All rights reserved <ul><li>Set out your aims and objectives </li></ul><ul><li>Get advice from your local Enterprise Agency or Business Link </li></ul><ul><li>Look out for free start-up courses in your area </li></ul>Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk 10 top tips for budding ‘mumpreneurs’
  6. 6. <ul><li>Consider an integrated PR, advertising, social media and events strategy </li></ul><ul><li>Record promotional activities on a timetable wall planner </li></ul><ul><li>A small daily effort goes a long way </li></ul>5. Decide your marketing and promotional tactics Copyright © BHP Information Solutions Ltd, 2010. All rights reserved Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk 10 top tips for budding ‘mumpreneurs’
  7. 7. <ul><li>Get a good website designed </li></ul><ul><li>Setup a Twitter account in your business name. </li></ul><ul><li>Create a blog and comment on other people’s blogs </li></ul><ul><li>Is a Facebook Fan page relevant to your business? </li></ul>6. Promote your business online Copyright © BHP Information Solutions Ltd, 2010. All rights reserved Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk 10 top tips for budding ‘mumpreneurs’
  8. 8. <ul><li>You have 3 months to let HMRC know you have set up as a sole trader. </li></ul><ul><li>Don’t get fined! </li></ul><ul><li>If you decide to form a company, complete the necessary forms with Companies House </li></ul>7. Get registered Copyright © BHP Information Solutions Ltd, 2010. All rights reserved Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk 10 top tips for budding ‘mumpreneurs’
  9. 9. <ul><li>It is easier to note down every financial expenditure from the start </li></ul><ul><li>Many expenses are tax deductable and allowances are available too </li></ul><ul><li>Seek advice from an accountant or HMRC </li></ul>8. Keep good financial records Copyright © BHP Information Solutions Ltd, 2010. All rights reserved Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk 10 top tips for budding ‘mumpreneurs’
  10. 10. <ul><li>Delight your customers with your products and services to keep them coming back </li></ul><ul><li>Communicate well and keep them informed </li></ul><ul><li>Resolve any issues or complaints swiftly </li></ul>9. Make the most of every customer Copyright © BHP Information Solutions Ltd, 2010. All rights reserved Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk 10 top tips for budding ‘mumpreneurs’
  11. 11. <ul><li>Before you start up, assess your skills and remedy any that are lacking </li></ul><ul><li>Providing your business can afford it, pay someone else to do your marketing, accounting, deliveries etc. </li></ul><ul><li>Free up your time effectively </li></ul>Copyright © BHP Information Solutions Ltd, 2010. All rights reserved 10. Get help Twitter: @StartUpDonut Web: www.StartUpDonut.co.uk 10 top tips for budding ‘mumpreneurs’
  12. 12. Copyright © BHP Information Solutions Ltd, 2010. All rights reserved For more information, tools and resources, visit us at: www.StartUpDonut.co.uk <ul><li>Connect with us : </li></ul><ul><li>Twitter: @StartUpDonut </li></ul><ul><li>Facebook: www.Facebook.com/JoinMyDonut </li></ul>If you embed this SlideShare presentation on your blog or website, please include a link to www.StartUpDonut.co.uk <ul><li>The Start Up Donut give you all the advice, support and access to the essentials you need to: </li></ul><ul><li>Start a new business </li></ul><ul><li>Get it running </li></ul><ul><li>Make it grow </li></ul>

×