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Article Title:
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Women Owning the Workplace: Tips to Guide Female Entrepreneurs

Article Description:
====================

Women are taking the business world by storm, and it doesn't
look like they're backing down. According the
Womenentrepreneur.com, women-owned firms are the fastest growing
in the country. Women are looking beyond the traditional roles
and moving ahead to a new role: entrepreneur. This does not
necessarily mean women are swapping roles with their spouses
(although some are), but they simply may be adding owning a
business to their list of daily duties.


Additional Article Information:
===============================

669 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2008-07-22 11:48:00

Written By:     Melissa Mashtonio
Copyright:      2008
Contact Email:  mailto:[EMAIL PROTECTED]



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Women Owning the Workplace: Tips to Guide Female Entrepreneurs
Copyright (c) 2008 Melissa Mashtonio
Manta
http://www.manta.com



Women are taking the business world by storm, and it doesn’t look
like they’re backing down. According the Womenentrepreneur.com,
women-owned firms are the fastest growing in the country. Women
are looking beyond the traditional roles and moving ahead to a
new role: entrepreneur. This does not necessarily mean women are
swapping roles with their spouses (although some are), but they
simply may be adding owning a business to their list of daily
duties.

If you’re one of the many women considering going entrepreneur,
it’s important to do your research first. Starting up a business
is no easy task and many people get into trouble by diving in
without any thought. Consider some of these tips to help you
prepare yourself for the task ahead.

First, figure out what type of business you want to start. One of
the biggest mistakes you can make is to start a business dealing
with something of no interest to you. Before you pick, think
about your talents and passions. These are two key factors in
choosing what type of business to run.

Once you’ve decided on your type of business, you can start
focusing on that line of work.

Next, find a place to host your business. Many women start their
businesses out of their homes--but it’s important to be careful.

If you want to start your business at home, be sure to find a
place in your house that is “strictly business.” This area should
be removed from the rest of your home and preferably have a door
to close out the noise of a busy home. Also, you should try to
get a phone line specific to your business instead of using your
home phone number or cell phone. This will create a more
professional feeling for customers.

Two of the biggest hurdles women face when starting a business
are poor financing and lack of experience. Remedy the first by
waiting until you are financially stable before you quit your
current job to start a business. Take into consideration all the
costs associated with starting a business: rent, supplies,
employee salaries, etc.

When it comes to experience, just starting your business
increases your knowledge However, avoid some of the problems
encountered by inexperienced business owners by using mentors and
other contacts to gain advice. Try finding women in your area who
started their own businesses and ask for tips.

Before opening your doors, think about the time needed to start
and run a business. If you are a mother who wants to be able to
take care of her kids, realize this may not always be possible
with the time demands of a business. Going back to school also
may hinder your ability to start and run a business effectively.
Look at the factors in your life that take up most of your time
and weigh out your options.

Besides thinking of time restraints, also realize the risk of
starting your own business. Many women look at starting a
business as an opportunity to be their own boss and keep more of
the profit, but there are snags in this dream.

Many businesses take 3 or 4 years to start up, and during this
time may barely break even. Be sure to have a back-up plan in
case your business doesn’t catch on as quickly as you imagined.
Also, being your own boss may seem glamorous, but this
responsibility leaves only you to worry about financial
situations and deal with employee issues.

Once you’ve considered the above factors, you’re ready to start
your business. The first months or year may be a challenge, but
the rewards of completely owning a company are priceless. Just be
sure to keep it all in perspective; most women entrepreneurs
don’t own Fortune 500 companies. Don’t be afraid to allow your
business to stay small rather than stretching your limits to
grow. Finally, get support by joining networks such as
entrepreneur.com or we-inc.org (Women Entrepreneur, Inc.) to get
helpful tips and network with other female entrepreneurs. 




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Melissa Mashtonio writes for Manta, the go-to site for 
researching company profiles. The site (http://www.manta.com) 
offers free research on more than 45 million companies in the 
U.S., Canada, Australia and the UK. 


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