Initially I registered the business name in Ontario, started it's website and began setting up the home office. As I moved through the process the snowball effect become quite apparent. Many business requirements rely on other tasks to be completed first. This quickly became a very large "to-do" list.
My to do list consisted mainly of:
Business Registration and Accounting Requirements
Improvements to the home office
Business Forms, Letterhead, Cards etc etc
Marketing Marketing Marketing!
I purchased Quickbooks Pro to keep track of all my business transactions. I had previously been tracking this information with simple excel sheets for my personal and business expenses. I was pleasantly surprised to find Quickbooks extremely user friendly and manageable. My accountant should thank me next tax season.
My home office was upgraded with a budget friendly devoted PC (resurrected from my closet) a printer/fax/scanner combo from WalMart at a very reasonable price. Many other office purchases such as paper, report covers, binders etc were purchased from the Dollar Store! That place has been the most useful office supply depot I have ever found.
I was able to print some new business cards, devise letterhead, forms and templates at a very mimal cost by searching around the net and simply borrowing the free templates already developed by others. At almost zero cost I have professional looking forms and templates for all required situations. As well, Quickbooks includes various templates for the accounting end of things.
Onward I moved to Marketing. This I believe, will be the most time consuming, yet best utilized time for my business. As I am already quite familiar with Blogging, I started a blog for the business and quickly added some content to use as the company website- free of charge :)
I will devote an upcoming post to the various marketing tactics I am currently using and how they have panned out.
Every day that passes I become less dependant on my day job, the ability to be free is at hand.
Stay tuned!
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