Parents Of Children With Disabilities Who Are Also Trying To Run A Small Business — TIPS by Patrick Young.
Patrick Young is an educator and activist. He believes people with disabilities must live within a unique set of circumstances–the outside world often either underestimates them or ignores their needs altogether. He created AbleUSA.info to offer helpful resources to people with disabilities and to provide advice on navigating various aspects of life as a person with disabilities.
Parents With Disabilities: Tips Help You to Give Your Business a Boost
Being a parent can be one of the most rewarding jobs in the world. But owning a small business has its advantages as well. So, if you are a parent to a child with disabilities how can you make both work? Starting a small business doesn’t have to cause you more stress and you shouldn’t have to sacrifice all of your time to create a success. If you want to balance your business with your children’s special needs, you need to read through these helpful tips:
Start With Small Goals for Your Small Business
Caring for children with disabilities can put more stress on your schedule. Doctor’s appointments and various therapy sessions can be tricky to manage on their own, so try not to take on too many business tasks at first. You can start small by getting a feel for the kind of business you would like to run. If you have a knack for music, you could teach lessons, or you could think about setting up a small catering business. Whatever your talents are, try to use them when starting your own business and set some small business goals to prevent burnout. There’s nothing wrong with only taking on a handful of clients at first, or keeping things small. Above all, you have to do what works for you and your family’s special needs.
Invest in Your Business’s Inventory Management
If you have a small business, chances are you will have some sort of inventory to keep track of on a regular basis. Effective inventory management is an essential part of the supply chain oversight that serves to allow your business to have the right products in the right quantities, at the right time for you and your clients. This kind of software can aid you with predicting demand, tracking your inventory, preventing shortages and maintaining your products across multiple locations.
Fund Your Business Without Dipping into Savings
As a parent of a child with a disability, you know how important it is to have an emergency fund. With children with special needs, emergencies and sudden costs can spring up in a moment’s notice. That’s why it is important for you to look for funding options that will not take away from your savings. Even with less than perfect credit, you may be able to find financing options that fit your financial needs. If you borrow, be sure to only take what you need to get started and to keep your payments comfortable. Before you take out a loan, try looking to other less committed funding tricks. You may be able to find a small business grant you do not have to repay, or you can even turn to crowdfunding to get your business off the ground.
Hire Help When You Need Extra Focus on Work
You are used to doing so much on your own, but caring for a child with special needs also involves asking for help. You know that therapists, doctors and teachers can all help make your child’s life more fulfilling. So don’t feel bad if you need to get some help for yourself to help make your business a success. Many working parents opt to find in-home child care or daycare that can accommodate their children’s needs and doing so will not impact your children in a negative way. Setting a positive example by building your own business from the bottom up will have a much bigger impact on your family and help your kids build their own self-esteem and independence.
As a parent of a child with disabilities, you’ve already conquered one of the toughest jobs in the world. So setting up a small business and making it a success shouldn’t stress you out. You’ve got what it takes and more, and now you have the tips you need to make your small business dreams come true.