As a solopreneur you may find yourself needing services to help you run and grow your business. The problem is that most solopreneurs are on a tight budget so the ability to leverage all services at your fingertips isn’t always possible. But getting outside help is critical to ensuring your business runs smoothly. That’s why in this article, I’ll be sharing the essential services you should invest in when you first start your business. Knowing what services you need to get things up and running will make sure that you get the most out of your budget.
1. Graphic Design
Many people would argue that graphic design isn’t a necessity. With so many inexpensive and easy to use tools out there like Canva, you can technically take care of this yourself. However, a graphic designer will know how to take your branding and push it one step further visually, giving you the best chance of a good first impression when prospects land on your website.
2. Finance
While it’s good to learn the basics of finance, it’s essential to hire a professional to help keep your business’s finances intact. Not only will an accountant be able to ensure that all your taxes are in check, but they will also be able to advise you on how to plan your future finances. They’ll do this through a host of management accounting techniques like scenario testing. All this will help you identify when you’ll be able to spend money to hire your first employee, etc.
3. Legal services
Legal services will help you protect your business in case anything goes wrong. It’s especially important to invest in legal services if you have employees or are dealing with customers face to face as this could open you up to a host of legal issues if you don’t have the foundations in place. Fundamentally, a legal advisor will guide you, citing what protection you need, such as property or liability insurance, leaving no room for guess work.
4. Marketing and Sales
At the beginning of your business’s lifecycle, you will likely be doing a lot of the marketing and sales yourself, but as you start making money you should consider hiring experts to do most of this work. Not only will you be able to take advantage of their expertise but by offloading marketing and sales to someone else, you’ll have more time to focus on other areas of the business.
5. Service exchange
One of the biggest struggles for new business owners is not being able to find new business. When I first started my business, I used social media to get clients, but this was a slow process. In hindsight, I would now approach getting new clients a little differently by using a service exchange platform like Starter Barter. Starter Barter is a completely free service that allows you to exchange services with other small business owners, making it easy to get the service you need while expanding your business cliental. Get started today by signing up for a free account.