The lure of striking out on your own can be powerful. Before
you take the leap, however, make sure going solo is really
for you and that you've taken all the necessary steps to ensure
Once you’ve developed a certain level of expertise in your chosen field, you may find you long for the flexibility and control that working on your own can offer. Consulting or freelancing can provide you with the benefits of owning your own very small (as in, just you) business without the hassles of managing other people and running a larger organization.
With the job market as hot as it is, it’s boom time for independent workers. From part-time workers to stay-at-home moms, if you have marketable skills, you just might find that consulting or freelancing is the way to riches and happiness.
The Pros and Cons
Freelancing isn’t without its challenges. Weigh the benefits and costs before making the leap.
Develop a Plan
Think through your business before you cut loose.
Safety in Numbers--and Dollars
Create a financial cushion in case of tough times.
Up, Up and Away
Getting off to a great start.
For some people, the idea of being completely responsible for every aspect of a business’ success is a dream come true. For others, it’s a nightmare. If you fall into the former category, hold on to your hat. Entrepreneurship can be exciting, rewarding, terrifying, and the most challenging thing you’ve ever done--all at the same time.
Is It For You?
Take our quiz to find out if you’re cut out for entrepreneurship.
Start with a Plan
Creating the all-important business plan.
Dollars and Sense
A primer on small business finances.
Where to go for more information.