{"id":4574,"date":"2019-04-10T11:17:43","date_gmt":"2019-04-10T10:17:43","guid":{"rendered":"https:\/\/rkjh.se\/en\/?p=4574"},"modified":"2022-02-16T15:04:16","modified_gmt":"2022-02-16T14:04:16","slug":"tips-for-starting-a-small-business-6","status":"publish","type":"post","link":"https:\/\/rkjh.se\/en\/blog\/2019\/04\/10\/tips-for-starting-a-small-business-6\/","title":{"rendered":"Tips for starting a small business"},"content":{"rendered":"\r\n<p><strong>6.\u00a0<\/strong><strong>Imagine<\/strong><strong>\u00a0<\/strong><strong>yourself<\/strong><strong>\u00a0<\/strong><strong>with<\/strong><strong>\u00a0<\/strong><strong>zero<\/strong><strong>\u00a0<\/strong><strong>money<\/strong>\u00a0<\/p>\r\n\r\n\r\n\r\n<p>I\u00a0mean\u00a0zero.\u00a0There\u00a0is a\u00a0high\u00a0probability\u00a0that\u00a0this\u00a0will\u00a0happen.\u00a0I\u2019ve\u00a0had\u00a0several\u00a0businesses\u00a0not make it for the long\u00a0haul. And,\u00a0I\u2019ve\u00a0come\u00a0close\u00a0to\u00a0bankruptcy.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>Launching\u00a0an\u00a0unsuccessful\u00a0business\u00a0idea\u00a0is a\u00a0reality\u00a0for\u00a0many\u00a0entrepreneurs. Over\u00a0half\u00a0of\u00a0new\u00a0businesses\u00a0fail\u00a0within\u00a0the\u00a0first\u00a0five\u00a0years\u00a0of\u00a0opening.\u00a0How\u00a0would\u00a0you\u00a0handle\u00a0having\u00a0no\u00a0incoming\u00a0money?\u00a0<\/p>\r\n\r\n\r\n\r\n<p>It\u2019s\u00a0a\u00a0good\u00a0idea\u00a0to come\u00a0up\u00a0with\u00a0a \u201cjust in\u00a0case\u00a0the\u00a0worst\u00a0outcome\u00a0happens\u201d plan.\u00a0You\u00a0might\u00a0need\u00a0to get a\u00a0job\u00a0on-the-fly or\u00a0temporarily\u00a0live\u00a0with\u00a0your\u00a0parents.\u00a0You\u00a0might\u00a0have\u00a0to go\u00a0without\u00a0comforts\u00a0that\u00a0you\u2019re\u00a0used\u00a0to.\u00a0Figure\u00a0out\u00a0how\u00a0you\u00a0would\u00a0get by\u00a0if\u00a0your\u00a0business plan\u00a0went\u00a0south.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>Look at\u00a0your\u00a0current\u00a0sources\u00a0of\u00a0income.\u00a0What\u00a0do\u00a0you\u00a0earn\u00a0from\u00a0your\u00a0current\u00a0job?\u00a0How\u00a0long\u00a0would\u00a0your\u00a0savings\u00a0last\u00a0if\u00a0you\u00a0quit?\u00a0What\u00a0unexpected\u00a0things\u00a0could\u00a0mess\u00a0up\u00a0your\u00a0plan (e.g.,\u00a0you\u00a0wreck\u00a0your\u00a0car\u00a0or\u00a0your\u00a0furnace\u00a0breaks)?\u00a0Prepare\u00a0yourself\u00a0for all the situations\u00a0that\u00a0could\u00a0happen\u00a0if\u00a0the business\u00a0idea\u00a0doesn\u2019t\u00a0work\u00a0out.\u00a0<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" class=\"wp-image-4575\" src=\"https:\/\/rkjh.se\/en\/wp-content\/uploads\/sites\/2\/2019\/04\/Cash-Buffer-Pixabay_2_Fotor.jpg\" alt=\"\" \/><\/figure>\r\n","protected":false},"excerpt":{"rendered":"<p>6.\u00a0Imagine\u00a0yourself\u00a0with\u00a0zero\u00a0money\u00a0 I\u00a0mean\u00a0zero.\u00a0There\u00a0is a\u00a0high\u00a0probability\u00a0that\u00a0this\u00a0will\u00a0happen.\u00a0I\u2019ve\u00a0had\u00a0several\u00a0businesses\u00a0not make it for the long\u00a0haul. 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Over\u00a0half\u00a0of\u00a0new\u00a0businesses\u00a0fail\u00a0within\u00a0the\u00a0first\u00a0five\u00a0years\u00a0of\u00a0opening.\u00a0How\u00a0would\u00a0you\u00a0handle\u00a0having\u00a0no\u00a0incoming\u00a0money?\u00a0 It\u2019s\u00a0a\u00a0good\u00a0idea\u00a0to come\u00a0up\u00a0with\u00a0a \u201cjust in\u00a0case\u00a0the\u00a0worst\u00a0outcome\u00a0happens\u201d plan.\u00a0You\u00a0might\u00a0need\u00a0to get a\u00a0job\u00a0on-the-fly or\u00a0temporarily\u00a0live\u00a0with\u00a0your\u00a0parents.\u00a0You\u00a0might\u00a0have\u00a0to go\u00a0without\u00a0comforts\u00a0that\u00a0you\u2019re\u00a0used\u00a0to.\u00a0Figure\u00a0out\u00a0how\u00a0you\u00a0would\u00a0get by\u00a0if\u00a0your\u00a0business plan\u00a0went\u00a0south.\u00a0 Look at\u00a0your\u00a0current\u00a0sources\u00a0of\u00a0income.\u00a0What\u00a0do\u00a0you\u00a0earn\u00a0from\u00a0your\u00a0current\u00a0job?\u00a0How\u00a0long\u00a0would\u00a0your\u00a0savings\u00a0last\u00a0if\u00a0you\u00a0quit?\u00a0What\u00a0unexpected\u00a0things\u00a0could\u00a0mess\u00a0up\u00a0your\u00a0plan (e.g.,\u00a0you\u00a0wreck\u00a0your\u00a0car\u00a0or\u00a0your\u00a0furnace\u00a0breaks)?\u00a0Prepare\u00a0yourself\u00a0for all the situations\u00a0that\u00a0could\u00a0happen\u00a0if\u00a0the business\u00a0idea\u00a0doesn\u2019t\u00a0work\u00a0out.\u00a0<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[245],"tags":[],"class_list":["post-4574","post","type-post","status-publish","format-standard","hentry","category-tips-for-starting-a-small-business-2"],"acf":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tips for starting a small business - Revisionskonsulterna J H\u00e4gglund EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rkjh.se\/en\/blog\/2019\/04\/10\/tips-for-starting-a-small-business-6\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tips for starting a small business - Revisionskonsulterna J H\u00e4gglund EN\" \/>\n<meta property=\"og:description\" content=\"6.\u00a0Imagine\u00a0yourself\u00a0with\u00a0zero\u00a0money\u00a0 I\u00a0mean\u00a0zero.\u00a0There\u00a0is a\u00a0high\u00a0probability\u00a0that\u00a0this\u00a0will\u00a0happen.\u00a0I\u2019ve\u00a0had\u00a0several\u00a0businesses\u00a0not make it for the long\u00a0haul. 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And,\u00a0I\u2019ve\u00a0come\u00a0close\u00a0to\u00a0bankruptcy.\u00a0 Launching\u00a0an\u00a0unsuccessful\u00a0business\u00a0idea\u00a0is a\u00a0reality\u00a0for\u00a0many\u00a0entrepreneurs. 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Revisionskonsulterna J H\u00e4gglund EN","isPartOf":{"@id":"https:\/\/rkjh.se\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/rkjh.se\/en\/blog\/2019\/04\/10\/tips-for-starting-a-small-business-6\/#primaryimage"},"image":{"@id":"https:\/\/rkjh.se\/en\/blog\/2019\/04\/10\/tips-for-starting-a-small-business-6\/#primaryimage"},"thumbnailUrl":"https:\/\/rkjh.se\/en\/wp-content\/uploads\/sites\/2\/2019\/04\/Cash-Buffer-Pixabay_2_Fotor.jpg","datePublished":"2019-04-10T10:17:43+00:00","dateModified":"2022-02-16T14:04:16+00:00","author":{"@id":"https:\/\/rkjh.se\/en\/#\/schema\/person\/dbd97202c59433d73f80b0c3667df279"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/rkjh.se\/en\/blog\/2019\/04\/10\/tips-for-starting-a-small-business-6\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/rkjh.se\/en\/blog\/2019\/04\/10\/tips-for-starting-a-small-business-6\/#primaryimage","url":"https:\/\/rkjh.se\/en\/wp-content\/uploads\/sites\/2\/2019\/04\/Cash-Buffer-Pixabay_2_Fotor.jpg","contentUrl":"https:\/\/rkjh.se\/en\/wp-content\/uploads\/sites\/2\/2019\/04\/Cash-Buffer-Pixabay_2_Fotor.jpg"},{"@type":"WebSite","@id":"https:\/\/rkjh.se\/en\/#website","url":"https:\/\/rkjh.se\/en\/","name":"Revisionskonsulterna J H\u00e4gglund EN","description":"&quot;Engagemanget g\u00f6r skillnaden&quot;","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/rkjh.se\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/rkjh.se\/en\/#\/schema\/person\/dbd97202c59433d73f80b0c3667df279","name":"J\u00f6rgen H\u00e4gglund","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/1226b8dfdc1cfe371139c209847e4b671edac096c13275381a79b0a4dc5c78f9?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/1226b8dfdc1cfe371139c209847e4b671edac096c13275381a79b0a4dc5c78f9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1226b8dfdc1cfe371139c209847e4b671edac096c13275381a79b0a4dc5c78f9?s=96&d=mm&r=g","caption":"J\u00f6rgen H\u00e4gglund"},"url":"https:\/\/rkjh.se\/en\/blog\/author\/jorgen\/"}]}},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"J\u00f6rgen H\u00e4gglund","author_link":"https:\/\/rkjh.se\/en\/blog\/author\/jorgen\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/rkjh.se\/en\/kategori\/tips-for-starting-a-small-business-2\/\" rel=\"category tag\">Tips for starting a small business<\/a>","rttpg_excerpt":"6.\u00a0Imagine\u00a0yourself\u00a0with\u00a0zero\u00a0money\u00a0 I\u00a0mean\u00a0zero.\u00a0There\u00a0is a\u00a0high\u00a0probability\u00a0that\u00a0this\u00a0will\u00a0happen.\u00a0I\u2019ve\u00a0had\u00a0several\u00a0businesses\u00a0not make it for the long\u00a0haul. And,\u00a0I\u2019ve\u00a0come\u00a0close\u00a0to\u00a0bankruptcy.\u00a0 Launching\u00a0an\u00a0unsuccessful\u00a0business\u00a0idea\u00a0is a\u00a0reality\u00a0for\u00a0many\u00a0entrepreneurs. 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