Laid Off?
The pandemic is a wake-up call, that we cannot take anything for granted especially jobs. Business is about numbers. It goes down the drain when numbers dwindle and that is what social distancing and other Covid-19 precautions do, wash down numbers.
What is the situation at work? Will you be laid off? If the boss doesn’t like you, you might be on the retrenchment list. I hope you’re not, but if you do, what is Plan B? Have you thought of starting you own business?
Your Skills
You don’t have an updated C.V. or resume because you’ve been in your last job for 10 years. Update it, but call it a Business Profile, because you gained a lot of experience and contacts during those years.
Your business profile. We under-value ourselves. We don’t realize that what we know is packaged into words like marketing, tech support, finance, customer relations, design or security. For example in Canada, people from a certain country are well-established in the security business.
They could not find jobs they were doing in the home country, but they have one asset: English. They turned that into a security business which is extremely lucrative now, because of the pandemic. It also provides part time jobs for university students from that country, studying in Canada.
The business profile is important because it determines the bull’s eye, your core business. It also helps you plan what you can outsource to contacts you made while working.
The Government
Once your business profile is ready, study the government. Tax season kicks in, come January. Businesses get more cash back because the government knows they put money in the business. The government also has some incentives for your line of business. What are they?
Have you thought of a business name? Dawn Deliveries. Yes. You might be delivering supplies that are needed at a particular location at the crack of dawn. Very little competition, because few people relish the idea of leaving a warm bed.
Online Business
Don’t put all your eggs in one basket. The internet is not the only place for business. You can have a successful one on solid ground.
By: Nonqaba waka Msimang.
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