New parents who are building a business obviously have a lot on their plates, but the good news is there are many helpful resources available these days to entrepreneurs who have to juggle raising a child with creating a successful company. Finding balance between work and your personal life can still be a challenge, however, so it is important to plan as much as possible for both sides. For instance, time management is a common issue for both new parents and entrepreneurs, but getting organized–and sticking to routines–can help immensely. It is also important to find the right tools and services for both sides of your life, and Babyology is a great start for your infant's needs. Here are a few simple ways to make your daily schedule a little easier as you navigate parenthood and entrepreneurship at the same time:
Take the guesswork out of tax season
New business owners are often overwhelmed by the amount of accounting and general financial tasks that come with running a company; even smaller businesses can take a hit come tax season if things are nor done correctly from the get-go. Fortunately, there are several tools available for business owners that can help take the guesswork out of the process, and one of them is an EIN or tax ID number. This number will make filing your state and federal taxes much easier, and it is also a way for the IRS to track your payroll taxes, which will give you some peace of mind. Get your business assigned an EIN as soon as possible to minimize any issues down the road.
Merge both halves of your life
When it comes to making things easier on yourself, taking care of your tax responsibilities is just one aspect. It is also important to find a way to merge both your personal and professional lives in a way that works for you. For instance, if you work out of a home office, set up a small, safe area for the baby that will allow you to keep up with feeding times, take play breaks, and keep an eye on things. You can also look for tech and helpful gadgets that will allow you to make the most of each day, and create a schedule that works for both home and the business.
Make marketing a cinch
Even with work/life balance, it can be difficult to market a business when you only have limited hours in the day. This can be a time-consuming process, and it is an important one to get right. That’s why it is crucial to come up with a well-thought-out branding plan for your business that lets customers know what they can expect, helps them differentiate between you and your competitors, and makes a lasting first impression. You should have a catchy slogan and a clean, eye-catching logo design, as these can help unify your marketing materials. Rather than paying for costly design services, you can go DIY by using a logo maker that allows you to choose the style, icon, colors, and fonts you need. Lastly, a photo size editor can help you scale your logo (and other images) for different social media platforms, business cards, or invoices.
Make organization a priority
Getting organized both at home and at work should be a priority, because even with a good business and marketing plan, keeping up with all the details that a business requires can be tricky. Look for apps that will help you keep track of things like feeding times, diaper changes, and playdates, and utilize a monthly planner template that allows you to view all of your commitments for the next 30 days. Some templates can be customized with graphics, videos, and sticky notes so you can keep up with everything on your plate without missing anything important.
Parenting and running a business at the same time can definitely become overwhelming if you are not well prepared, so planning is the name of the game. It is also important to ask for help from friends and family or hire services that can assist you as you get things up and running.
Have a question about the 100% edible ingredients used at Babyology? Get in touch today.