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augustlan's avatar

What do I need to know about starting and running a (very) small business?

Due to the economic situation, I’m thinking about creating my own job. My plan is to offer administrative support to small businesses that don’t really need or can’t afford to hire an administrative assistant as an employee. I’d do anything a normal admin would do, just on a smaller scale… anything from a one-time 2 hour job to say 10 hours a week. I intend to charge an hourly rate somewhere between the average employee rate and the rate charged by local temp agencies. I won’t have any employees, so I’d basically be an independent contractor.

A) Do you think this is even a viable idea?

B) What do I need to know?

Advice on legal issues, tax issues, licenses, marketing or anything else you can offer will be greatly appreciated!

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