The practical ideas for starting my own company seem sound, I’m motivated, innovative and have a creative brain. I also like working on a variety of projects with different people and in team situations but (and their is always a but) if it was easy everyone would be working for themselves. The idea of working flexible hours seems reasonable given that 4 years of uni work has trained my family to function independently without feeling ignored. The worst idea about working for myself in the monthly accounts and the need for an assistant that can complement my skills. Of course I do know many people but it’s the initial idea of launching in and I don’t really have suitable premises for expansion. In the words of my brother “just do it!” and obviously the branding of Nike.
As I have time to plan this project carefully I am hoping that the process may hold the key to deciding what is the better option for me as a start my new career.
So time for a mission list:
- Create my exact strategy on paper with direction using research and layout an implementation plan.
- Design the branding and marketing guidelines.
- Apply for funding grants and join appropriate business networks.
- Identify the target clients to approach.
- Decide on schedule of events for the launch date.
My accountant Daniel Hunt has given me his list of next steps:
- Reserve a company name at the Companies Office (http://www.business.govt.nz/companies)
- Register the company with the Companies Office (ie. complete required documentation)
- Apply for an IRD number from the IRD
- Set up a separate bank account for the company
- Start trading / actively marketing your companies services