Does anyone here run their own business?

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As the title says...

Does anyone here run their own business? Small or big? What do you sell/service do you provide?

I have a full time job (well on the sick again at the moment due to an ongoing back problem), but also run a small candle and home fragrance business. Started earlier this year but unfortunately due to craft fairs/markets not going ahead thanks to Covid, haven't had quite the start that I wanted! :rolleyes: :ROFLMAO:
 
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I have a full time job but I also have my own beauty business on the side. I do lashes, brows, facials... I love it! I’m hoping one day I’ll be able to give up my “boring” job and do that full time instead

COVID has affected me too, obviously because of not being able to work but also because in general I feel like people have been spending less on treatments when I am open (which is understandable). Hopefully things pick up for us all once everything settles down a bit!
 
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Id love to have my own little business. Like candle or bath bomb making is it hard to start and or expensive?
 
I own a business with my husband producing magic props for magicians and tv productions, and I’m now the proud owner of my own clothing brand.
 
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Me and my husband work full time and also sell plants. We have converted our garage into a little shop and we are quickly outgrowing it.
 
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I used to work FT for an IT company, but went self-employed and became my own boss a couple of years ago.

I like the freedom of being my own boss along with the decision-making that it brings. It also means travelling far and wide meeting new clients (curtailed somewhat with this covid thing).

Surprisingly I have never been more busy since the pandemic started with so many people being forced to work from home and wanting help with their computers, networks, printers, and video conferencing hardware.

But one of the first things I did when going it alone was to hire an accountant! An expensive option, but OMG worth their weight in gold sorting out the financial/tax side of things while letting me focus on the business side.
 
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I do have a "real" job, but I have a few side projects - 1) making and selling candles and melts (mostly to order nowadays as I've built up a solid customer base); 2) tarot card and intuitive readings; 3) sourcing and curating crystal healing packs and teaching people how to do the same, as well as how to charge and cleanse their crystals (this one has taken a bit of a back seat of later); 4) helping people to establish goals, stick to them and providing support along the way (not a life coach per se, but just gently steering them in the right direction, and my psychology background helps with this); and 5) helping people declutter and organise their homes and work places. I'm constantly on the go, but I love it. Working for yourself is hard, but if you stay focused and organised, and establish boundaries, then it can be a lot of fun.

Id love to have my own little business. Like candle or bath bomb making is it hard to start and or expensive?
It's not hard to start, but it is wise to learn from an expert (enroll in a workshop or similar). It is expensive to begin with, but if you grow slowly and do all the proper groundwork first (establish your true cost to manufacture the products, work out what your margin should be, figure out what sales channels you'll use, etc.), then it can be a lot of fun. I started off selling my candles and melts at market stalls and was absolutely rushed off my feet. That gave me the confidence to keep going, and now I have customers throughout the world. You also need to have an understanding of labeling laws (depending on where you sell to), and if you make and sell and sell anything that people will digest or apply to their skin, then you need to be able to state the full list of ingredients, allergens, etc. For example - certain fragranced bath bombs are not suitable for pregnant women and you'd need to research which ones and state that on the packaging). Packaging is another expense ... I could go on and on, but you get the idea :). The hardest thing about it all is people copying what you've done.
 
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Prior to having my children I was working full time for the CPS however my family have a business so I’ve recently left my job to work to become more involved. My husband has now resigned from his to come on board too. I’m loving the freedom it’s given us with our children....even if we can’t really do anything because of Covid!
 
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I do have a "real" job, but I have a few side projects - 1) making and selling candles and melts (mostly to order nowadays as I've built up a solid customer base); 2) tarot card and intuitive readings; 3) sourcing and curating crystal healing packs and teaching people how to do the same, as well as how to charge and cleanse their crystals (this one has taken a bit of a back seat of later); 4) helping people to establish goals, stick to them and providing support along the way (not a life coach per se, but just gently steering them in the right direction, and my psychology background helps with this); and 5) helping people declutter and organise their homes and work places. I'm constantly on the go, but I love it. Working for yourself is hard, but if you stay focused and organised, and establish boundaries, then it can be a lot of fun.



It's not hard to start, but it is wise to learn from an expert (enroll in a workshop or similar). It is expensive to begin with, but if you grow slowly and do all the proper groundwork first (establish your true cost to manufacture the products, work out what your margin should be, figure out what sales channels you'll use, etc.), then it can be a lot of fun. I started off selling my candles and melts at market stalls and was absolutely rushed off my feet. That gave me the confidence to keep going, and now I have customers throughout the world. You also need to have an understanding of labeling laws (depending on where you sell to), and if you make and sell and sell anything that people will digest or apply to their skin, then you need to be able to state the full list of ingredients, allergens, etc. For example - certain fragranced bath bombs are not suitable for pregnant women and you'd need to research which ones and state that on the packaging). Packaging is another expense ... I could go on and on, but you get the idea :). The hardest thing about it all is people copying what you've done.
^ of LATE - not later ... grrr :mad:
 
My husband owns his own consultancy marketing company, which I'm also a director of. I work in investment consultancy but am employed by an investment company. One day I'd like to branch out on my own but not yet.
 
Starting your own business while still in full-time work, is probably ideal as you have the best of both worlds, with the latter there as fallback if your own business doesn't take off.

Of course if you've been made redundant or quit your FT job completely, it can be quite daunting going it alone, especially on the money front. But if it pans out then sometimes the personal rewards can outshine financial ones.

And in the words of Delboy from Only Fools and Horses, "This time next year we'll be millionaires!":)
 
I’ve been a self employed beautician for about 5 years. I work full time 5 days a week.
The freedom thing... I get it, but don’t always get it!! I had such a large number of clients that I need to get in every few weeks and I really struggle if I want a couple of days off to fit them in. I’ve stopped taking new clients now.
The hardest thing... well, it’s been COVID! I’ve been able to work for only 8 weeks this tax year so far. I’ve received the “80%” self employment assistance, but as it’s based on an average of the previous 3 years (prior to last year), it has actually worked out as being 15% (of which I have to pay back 20% in tax next year!)
Sick pay and paid holidays don’t exist. You have to be a good saver to survive. Also tax returns I find incredibly complicated and confusing!
 
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I would add, don't spend a fortune on advertising!

Word of Mouth, is key. All it takes is to get a couple of local customers on board, and let them spread the word.
 
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Hi guys.

I would love some advice.

I am in the process of starting a very small business , I would be selling via Etsy until I can afford to have a nice website made.

I will be doing it all alone so my question is what do I need to do by law so it’s all legit and I can’t get into trouble for anything? I won’t be earning a lot to start (or maybe ever if it bombs lol)

Many thanks