Starting a New Business Is Hard Work !
Published on February 3, 2021
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
I had no idea that starting a new business with your own products was such hard work!
I have been developing my business for a few years, mainly because the products I make take time to perfect the formulations, check the appearance, longevity etc And, the regulations and conformity of the product. There are strict regulations that I was taking into account but then of course, Brexit ! And everything changed ! I have to rework the regulations - not so bad, but still more work. My products have also all gone through toxocological testing which is another hoop to jump through. Ive sent samples off to friends over the last couple of years, testing, tweaking, to create perfection!
Every product made has to be documented, suppliers of each ingredient batch numbers etc, then a batch number on my own finished product documented. (I even went as far as creating my own 'no content' book for this very purpose)
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Ive got my business registered at Companies House in London as a limited company... that made it all very real!
But.....Up until lockdown last March, I had been travelling the world with my boy for him to play tennis and no time to pull things together. So since lockdown I have been stuck back home in the UK. My boy has gone to USA on his tennis scholarship so now no reason to be delaying my launch.....😱
I have finally completed the website with ecommerce on Divi theme, ( thankyou Catherine for your input!) and have my products (well most of them) up and ready to roll. But super pleased with how everything looks. Opened a stripe account...
But last night, my financial backer (aka husband) said....'ok so now you are ready to roll, we need to pull all the invoices together and get them off to the accountant !!' Just when you think you can relax, a bomb drops! Im not the best at book keeping, not least because Im not very organised.... so Im going to have to trawl through my bank account and emails, pull out all the ones I can find...
But I promise from now on I will do a better job at that.... so much to remember....
However, it is a good feeling to be at this stage, still such a lot to do, and I dont have any budget for staff......yet! 😂
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