Finally, my wife and I both had an opening in our schedules to meet down at our local credit union and get our small business account opened up for our little business venture. I am not sure if I have mentioned it in the past, but we have started a small web development company called Presstronic Studios, so I have an avenue to route any freelance work I do through.
For now I am hoping to keep it to a side business, but in a handful of years as the kids are all off to college and my wife gets back into the work force full time, that may change. The plan is to get to a point where I can go fulltime with my freelancing gig. I don’t see that happening for a handful of years, so I have time to build it out.
It does get me thinking though, of the steps others have gone through to run a successful part-time side business. We certainly have a game plan, but have not officially documented everything as of yet. In the coming weeks we will put together a business plan, and some contract templates.
We will also be working on our workflow that we will use to go from client requirements, through delivery of the different stages of development to final product and signoff.
I come from a larger more corporate environment so balancing that paperwork heavy world with a more free-form, though still lock solid contract realm of the freelance space will take some getting used to.
What resources have you found that helped you start your small business?
Image Credit: Tax Credits