5 Strategies to Help You Start a New Business While Welcoming a Baby
- November 01,2022
Two of life's biggest milestones are having a baby and starting your own business. Both require a significant amount of time and energy. Doing them simultaneously can be overwhelming without a strategy to help you stay on track and handle the stress. Consider these tips from BabyFlix to get you through the process of starting your business and caring for your new baby.
1. Choose Your Structure and Create a Business Plan
Every business needs a business plan to get started and stay on track. One of the first elements of the business plan is what structure you choose for your company. For example, most small businesses start out as LLCs. The benefits include tax advantages, less paperwork, and more flexibility. It is also relatively inexpensive because you do not need a lawyer to register. You can just use an online formation service, but read the reviews and find the one that best meets your needs and state regulations.
2. Work With Your Partner to Create a Routine
Bonding with your newborn is an important aspect of parenting. This is a new person coming into your life. You won't know them right away, even though you feel intense love for them. That time is precious. Work with your partner to create a schedule that allows both of you to work and get in the quality time you need with the baby.
3. Take Advantage of Technology
Business technology is designed to streamline operations, making it easier for everyone to do their job. As a new parent, this is very important to your ability to maintain a work/life balance. For example, if you need to share files with staff or other professionals but don't want to compromise the format, you can use an online tool to change Word, PowerPoint, and Excel documents into PDFs. Then you can convert your file here and send it in an email without changing the integrity of the attachment.
4. Don't Be Afraid to Ask for Help
One of the most difficult things for some new parents is asking for help. With the demands of creating a business during the sleepless newborn months, you may find yourself wondering how you will manage. Create a support team to help you get the rest you need and manage your work. This can also mean you should hire staff to whom you can delegate tasks when the workload becomes too much. Finding people you trust can be difficult, so leave staffing to a professional staffing agency when you need someone with specific skills.
5. Create a Space for the Baby in Your Office
Working from home can be a blessing, but when you have a baby, you have to set up your space for convenience. For example, create an area for the baby so you can keep them comfortable and nearby while you work. Research shows that newborns sleep an average of about eight or nine hours during the day, so you can set up a bassinet with some soothing ambient noise in the corner of the office.
Once you form your LLC and have your business officially off the ground, you can start thinking about ways to delegate responsibilities. It's important to find that work and life balance when you have a young child. With the right help, you really can have it all.