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Starting a Successful Business as a Stay-at-Home Mom
by Leslie Campos
There are 11 million stay-at-home parents in the United States. If you’re one of them, the idea of starting a home-based business might be particularly appealing. It allows stay-at-home moms to earn an income and pursue career goals while ensuring their children remain a priority.
While running a company does take time and energy, it’s possible to achieve your dream of mompreneurship. You simply need to use the right approach. If you want to start a successful home-
based business in CA, here’s how stay-at-home moms can pull it off.
The Best Business Models for Mompreneurs
Often, mompreneurs do best with a home-based business and it offers them flexibility. That makes it easier to handle personal responsibilities while keeping the company moving forward. Precisely what that involves may depend on the kind of company you’d like to launch. In some cases, using a freelancing or consulting approach is best. It allows you to remain in control of the projects you take on, giving you the ability to ensure working fits well into your schedule.
You could also explore options that don’t rely directly on outside clients or customers. For instance, it’s
possible to make money blogging. While it can take time to generate a following and begin earning income, it could be the right choice if you’re a strong writer, SEO-savvy, and passionate about a subject. Just make sure you choose a topic that isn’t overrun with content. While blogging about parenting might seem like a natural fit, there’s a lot of competition in that space. By going with a subject that isn’t as
competitive but still has a solid audience, you may gain traction faster.
Launching Your Home-Based Business
After determining what kind of home-based business you’d like to launch, it’s time to get the company off of the ground. Usually, it’s a multi-phase process. You’ll need to do things like choose a company name, get an EIN for taxes, and officially form the company.
One of the biggest steps you’ll need to tackle is choosing a business structure so that you can register
your company with the state of California using the correct approach. The requirements vary depending on the entity type, so you’ll need to ensure you head in the right direction.
When it comes to business structures, many mompreneurs could benefit from forming an LLC. LLCs
come with less paperwork and more flexibility. Plus, there are potential tax advantages and reduced
liability. You can even skip the pricey attorney fees by checking regulations in your state. Then, file yourself or use a formation service to get your California LLC off the ground.
Balancing Work with Child-Rearing Responsibilities
Another critical part of starting your home-based business is having a plan for balancing your work and
family responsibilities. How complex this is often depends on the age of your children. For example, if
you have school-aged kids, you may have more opportunities to handle company tasks. School hours are a prime example.
However, even if you have younger kids at home, there are still great windows that you can use. Nap Times are one of the simplest. In many cases, that can give you one to four hours of time, depending on your child’s age. Plus, the naps usually follow a schedule, making it reasonably easy to plan.
It’s also crucial to note that asking for help isn’t just okay; it could be a necessity. Reach out to your support system when you need time for an essential activity that requires a lengthy period of quiet or has to happen at a time you wouldn’t usually be available. That way, you can keep your business on
track while ensuring your child gets proper care.
For more motherhood tips and resources, explore Sandra Davis Hathaway’s website and offerings.
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February 14, 2022
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