Entrepreneur

The most common reason for people turning their side hustle into a small business isn’t extra cash. It’s passion. The passion to help others, to create something that’s uniquely yours, to be your own boss.

The 2019 Hiscox Side Hustle to Small Business™ Study found that, on average, entrepreneurs work their side hustle for 19 months before they are ready to make the leap and turn it into their full-time job. During that time, the average entrepreneur worked 20 hours a week in addition to their full-time job. In most cases, they worked on the weekends and at night, juggling their responsibilities for work, family and their side hustle business.

No business is without risk, but here are some guidelines to help you avoid mistakes and ensure that your efforts pay off.

If you have a side hustle, or you’re thinking of starting one, you may feel the need to do what you know – to draw on the knowledge and experience you’ve gained in years, or maybe even decades, of working for someone else. But there’s no rule that says you can’t do something completely different.

Women business leaders face several obstacles to access funding. That's why we rounded up five of the best pitching strategies to help women-owned businesses obtain larger loans with fair interest rates.

There are many things to think about when starting a small business. Here are the steps you should take to get your business off on the right foot.