Guest Post: 8 Insights for Entrepreneurs Made Leery by the Pandemic

If there are any positives to come from the global pandemic, it’s that more and more people are choosing to take charge of their financial futures – writes Derek Goodman

It’s a trend that may have brought you to investigate the many resources and articles available from DIY Investor. If you’re also an aspiring entrepreneur who has been reluctant to start your brilliant business idea, however, the only way you can take control of your future is to take a chance and take a few risks.

You can use these helpful suggestions to stop being afraid and get your business started.
 

You Don’t Have to DIY Your Business

 
Using a site like DIY Investor to manage your finances? That’s a smart and savvy way to gain control without a lot of searching and guesswork. When it comes to your new business, however, you should know that you definitely don’t have to DIY each step and element.
 

Especially When It Comes to Tech Projects

 
Let’s take for example your website. You know you need an online presence to succeed in business these days but you may not know how to design or set up a business website that will wow potential clients. Maybe this is one worry that is stopping you from starting a business.
 

Because You Can Always Hire a Freelancer

 
If the above is true, checking out a freelance site could be the answer you’re looking for. That’s because you can use these sites to connect with a WordPress expert freelancer who can build a stunning website without you having to worry about covering a salary.
 

Or Hire Help with Other Business Projects

With your website figured out, you may still be concerned about taking care of other tasks involved with building a successful new business. For example, you’re going to need to market yourself and this can be tricky in the middle of a global crisis. All the more reason to make room in your startup budget for marketing consultants, who can eliminate the stress and guesswork.
 

You Can Also Look into Online Business Tools

Being able to hire help with your website and marketing can relieve some pressure, but not every entrepreneur has the budget for this. If you can’t afford to hire a freelancer or consultant, don’t stress yet. Another upside to the pandemic is that there are more resources and tools available online for small businesses than ever. Bonus: the tools linked here are all free!
 

Which Can Also Make Funding a Lot Easier

Your next conundrum? Getting startup funds for a new business when so many other small businesses are struggling right now. The economic toll of the pandemic has been so serious but there are still viable options for securing the cash you need to get your idea off the ground. In the UK, new businesses may be eligible for startup loans from the government or private lenders.
 

Your Personal Finances Matter as Well

 
 
If you want to start a new business, you need to focus on your business budget and finances. At the same time, you also need to make sure that your personal finances are in good order and under control. If you apply for a business loan, lenders will take a look at your personal finances to determine your eligibility. The same is true for business credit cards.
 

So Look for Personal Finance Resources Too

 
This brings us once again to the DIY Investor website because there you can find the information you need to get in control of your personal and business finances. Take for example this introductory guide to personal finance, which contains plenty of relevant and up-to-date tips for managing your money and achieving your financial goals, without hiring a pricey advisor.

We all have been living with uncertainty as we navigate this pandemic. One thing that is for certain though is that the pandemic doesn’t have to mean putting your dreams of owning a successful business on hold. With the right amount of resources and savvy, you can start that dream right now and watch that dream take off before you know it!
 

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