Hey lovelies, I just wondered how much money you would suggest having saved up before leaving or cutting down work hours to focus more on being able to build up your business. I work in retail and find it so difficult trying to build a business and cope with the crazy hours retail has.
How much saved up before taking the plunge!
- Thread starter RB1
- Start date
Help Support SalonGeek:
If you leave completely then I would suggest you have a year's money saved to live off while you build your client base.
You will need a lump sum to buy all your start up products, furniture , equipment too.
With a retail background you will be confident at marketing yourself - great!
Doing both part time might be financial a safer bet unless you have a supportive partner/family.
Good luck!
You will need a lump sum to buy all your start up products, furniture , equipment too.
With a retail background you will be confident at marketing yourself - great!
Doing both part time might be financial a safer bet unless you have a supportive partner/family.
Good luck!
Thanks for your reply. I have enough money saved up to support me for around 10-11months... I also already have all my equipment
The job i am currently in (in retail) is awful... I feel like I'm stuck between staying at that job and having a guaranteed income - but feeling anxious and stressed all the time due to the working environment... Or completly leaving using the money I have saved up and trying to make a go of focusing on my own business...
Thanks for your response
X
I was in that situation too. I had saved up knowing that I would go back to working at home but not sure when. Then that 'final straw' moment came, I resigned, took holiday owing and within a month I was open for business!
Never regretted my decision. It just gets to the point when you know it's time to go...
Never regretted my decision. It just gets to the point when you know it's time to go...
