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Should I Launch My Business Part-time?

When you’re getting ready to launch your business, there’s a lot at stake. You want to make sure that everything is exactly right so you can set yourself up for success. Though it’s important to be prepared, it’s common to feel like there’s just never really a right time to take that leap. While it may not be your forever plan, it’s not the worst idea to launch your business part-time, allowing you to tackle it on the side while you’re still getting a steady paycheck and health benefits from your current employer. Launching your business now may make you a part of a growing trend: diversity in business ownership is increasing across the board. According to the most recent U.S. Small Business Administration data, there are around 8 million minority-owned businesses (accounting for around 29 percent of all U.S. businesses). In particular, there’s been an increase in both Black and Hispanic business ownership, (9.5 percent and 12.2 percent of all U.S.-based businesses, respectively),...


Nov 22, 2019