3 Tips To Start A Side Gig For Extra Wedding Funds by Brittany Fisher.
Here are your 3 tips on how to start a side gig for extra wedding funds.
In the first place, your wedding day is one of the most memorable days of your life. Nothing should hold you back from having the special day of your dreams, including finances. If money is tight, having a side gig is a fantastic way to earn extra wedding funds for your big day.
Evaluate Your Hobbies and Availability
The first step is determining your marketable skills and if you can turn one of these hobbies into a job.
Create a list of your favorite pastimes and how you can turn these passions into a business. Do you love sports? Maybe you can give neighborhood kids basketball or soccer lessons. Are you passionate about all fuzzy, furry, or fluffy animals? Perhaps you could start a pet sitting or walking service. Love designing jewelry? Sell your products online.
After narrowing down your skills, assess how much time the side gig demands. While the exact commitment varies depending on your sales, you need to be sure you have the availability to dedicate the time and energy to run this business, along with your other daily commitments.
Create a Budget
Just as you create a wedding budget for photographers, caterers, and other wedding-related activities, you need to create a budget for your side job. Depending on the gig, you need to put money into startup costs and other expenses, such as gas, marketing, or upgrading your equipment.
Note: all expenses for getting the company up and running and estimate the price of each item. As you start making an income, update your budget as costs fluctuate.
Set Up Your Business
If you want to transform your gig into an official business, there are certain crucial steps you need to take. One of the first steps is determining the entity of your company. LLCs are a popular business entity for new business owners as this structure protects your personal finances and has tax benefits and less paperwork.
If you’re planning on registering as an LLC, research your state’s filing fees and requirements before moving forward. Also, be sure your business name is not already being used by another company. The simplest way to form an LLC is to use a formation service—when you visit BestLLCServices.com, the cheapest LLC formation services are described in detail.
Before officially opening your doors, talk to friends and family about your new endeavor. They can be excellent promoters of your new business and may even have ideas of where you can find work.
Market your company on social media. Offering new customers a discount or special is a wonderful way to entice consumers to purchase your services or goods.
Finally
Whether you want to splurge on an extravagant cake or a designer dress, having some extra income for your big day helps ensure your wedding vision becomes a reality.
So, follow the above 3 tips to start a side gig for extra wedding funds. Turn your valuable skills into a business or side gig to bring in more money for your special day.
Image via Pexels
Content Contributor – Brittany Fisher of financiallywell.info
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