Contributor Jenna Sherman has done it again! Thank you for helping Professional Mom offer insights and good solid advice for moms in their business adventure.
As a stay-at-home mom, your schedule is probably packed. Busy schedules often stop mothers from considering life as small business owners. However, if you’ve dreamt of becoming a “mompreneur,” this dream can come true.
You have the skills and the education necessary to make a difference in your field. Follow these three tips from Professional Mom to establish a business while juggling your home life.
- Build a Strong Foundation
One of your first steps is to form your business. Choose between a sole proprietorship, partnership, limited liability company, corporation and a cooperative. For the first four options, you need to register with your state. Different states have different filing fees and requirements that you should familiarize yourself with in advance.
Pick out and register a name that reflects your brand and aligns with your goods and services. According to the Small Business Administration, trademarking prevents other companies in the U.S. from using your business’s name.
In turn, trademark infringement can occur if you choose a business name too similar to a competitor’s name. To avoid unfair competition, do an internet search for your preferred company name. If you find no results, check the list of the fictitious or assumed business names at your county clerk’s office. For the names of existing corporations, contact the state filing office to find out how to search their database.