One Day to Entrepreneurship: Your Step-by-Step Schedule

How much time do you really need to start your own business?

Becoming an entrepreneur can give you freedom in your career. Launching a business is actually a quick process, and with an organized schedule, you can open your own company in a day.

Maybe you’ve always wanted to start your own business, but your schedule is so busy that you never feel like you have the time to even lay the groundwork. You dream of leaving your current job for entrepreneurship, yet you don’t know how to take the leap. If you’re getting ready to make a dramatic career change, you can find actionable advice from She is You magazine. 

Thankfully, starting a business doesn’t have to be an extensive, time-consuming process. Sure, you’ll have to put in long hours to find your first customers and keep growing your company, but simply building the foundation of your business will only take a few hours. In fact, you can knock out these tasks within the time frame of a single workday! If you’re ready to commit to your entrepreneurial goals, you can follow this schedule to launch your business in one day – with plenty of time for a lunch break.

9:00 AM – 10:00 AM: Outline Your Idea

At the start of the day, settle into your desk with your caffeinated beverage of choice and get ready to lay out your official business plan. Start with a general, low-cost business idea, like helping people with home organization and cleaning, pet-sitting, tutoring online or in-person, or handling the content creation and social media management for brands. In your business plan, Hostinger Tutorials recommends including market analysis and your proposed operations structure in addition to details about your offerings.

10:00 AM – 10:30 AM: Choose a Company Name

You’ve created a comprehensive outline for your business plan, and now, you’re ready to pick out a name for your company! Choosing a name shouldn’t take long – simply pick a word or phrase that can effectively convey your brand to your target customers. 

What if you already have another entrepreneurial venture under your given name? In this case, you’ll need to settle on a “Doing Business As” name, often known simply as a DBA name. This will allow you to start selling products or services under a different name if your personal domain is already in use.

10:30 AM – 11:30 AM: Register Your Business

Choosing a business structure can make your new venture feel very official! Plus, you’ll get valuable tax breaks and some form of asset protection. You may want to spend about a half-hour researching different business structures so that you can figure out the right structure for your company. Next, you’ll need to block off time to assemble all of the paperwork you need to register your company with the appropriate structure.

11:30 AM – 12:00 PM: Open a Company Bank Account

Today, it’s often possible to open a company bank account online. Look up banks with local branches that offer online banking and have great options for entrepreneurs. Check out what paperwork they’ll need from you and submit the relevant documents. In some cases, this task might take a bit more time, especially if you don’t have access to all of the paperwork you need yet. But either way, you can get ready to open your account early on.

1:00 PM – 2:00 PM: Build Your Digital Presence

After taking a break for lunch, you can head back to your desk and purchase the domain name for your new company website. You don’t have to write up all of the content you need for your site today, but simply getting the domain set up, adding a page that outlines your services, and including a contact form is a good start! In addition, you can register social media profiles for your company. 

2:00 PM – 4:00 PM: Launch Your Marketing Strategy

Getting your marketing strategy going might take a bit longer, but the time investment is well worth it. Digital marketing is a consistent, ongoing project – simply putting up a few posts on social media every once in a while won’t cut it. That’s why it’s important to get into a routine now. You can start writing a few initial blog posts for your website, create a social media content schedule, and research potential clients in your area to make a list of future networking contacts.

4:00 PM – 5:00 PM: Start Hiring

At the moment, you might feel comfortable running your business by yourself. But if you’re expecting your workload to increase rapidly, it’s a good idea to hire your first employee. Huckleberry recommends writing up a job description outlining the role’s responsibilities and benefits, as well as the compensation. You can post the opening on your own website as well as various job platforms.

You might assume that you need to spend weeks solely focused on launching your business. But if you already have a viable idea for a product or service, you only need one day. By the time you’ve completed this checklist, you’ll be ready to start a new chapter as a business owner.
Ready to turn over a new leaf in life? Check out She is You magazine for inspiration! Browse our informative, motivational articles today to learn from women who have walked in your shoes.

Joyce Wilson is a retired teacher and enjoys sharing lesson plans, resources, and teaching tips on Teacher Spark. Her website is a compilation of practical resources that will inspire student engagement and instill a love for learning. By tapping into a student’s natural creativity and curiosity, Joyce believes that they can take their education to a new level.
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