Page 1 of 1

Guide to becoming self-employed

Posted: Mon Jan 06, 2025 10:00 am
by ayeshshiddika11
What do you need to know to become self-employed?
SHARE

Rate this article12345(5 votes)
Monday, 04 May 2020 12:56
Written by Sandra Aguado
☛ Send to a friend
You've been mulling over the idea of ​​starting your own business for a while, but you can't decide because there are a lot of unknowns holding you back. Ignorance, fear of failure and doubts assail you again and again, making your desire to become self-employed disappear.

Starting a business is no easy task, and that is why we have decided to create a basic guide summarizing the steps you need to take to embark on the adventure.

Guide to becoming self-employed

Development of the idea
Do you have an innovative idea that you think can be turned into an economic activity that will generate profits for you?

If the answer is yes, the next step you need to take is to assess whether it is truly a viable idea. To do this, you need to study the market and analyse the competition.

Conduct a SWOT analysis and venezuela phone data identify the Weaknesses, Threats, Strengths and Opportunities of your business. The global vision that this analysis provides you will allow you to determine whether or not you are on the right track.

Has your idea not turned out to be as lucrative as you hoped? Don't worry. Perhaps by applying a few slight changes you can make it work:

Adapt your business idea by imitating one that already works.
Use your professional experience and try to focus on a field that you know and are comfortable with.
Observe the market and detect needs that are not covered.
Give an existing business a makeover and find a new, innovative approach.
Once you have found the business model you want to go for, it is time to create the business model canvas. This is a business management tool that will allow you to understand the business as a whole and will simplify the strategic approach to follow. You can find different models of the template, but, in summary, the content is as follows: