Resources to Boost Your Side Business After COVID-19

Vaccinations have been underway for months, and things are looking brighter long-term. However, many of us are still trying to recover financially from the pandemic. If you’ve picked up a side gig since the pandemic began, now is a great time to think about ways to give it a boost. As the economy continues to heat up, you may have a chance to get more out of that side business — or indeed, make it a full-time job. Ready to learn more? More Time Moms invites you to read on!

If You Want to Expand

Thinking of making your side gig a full-time career? These resources can help:

• Here’s how to tell if you can afford to drop your day job. 
• Consider looking into small business grants to find funding to help you launch your startup. Bear in mind eligibility requirements aren’t always obvious, so prepare to do some research.
• Take a look at these time management techniques you can use to juggle your business’s transition to full-time. 

Building Income 

Even if you don’t expand to full-time, you may be able to make more off of your side gig: 

• If you’ve been in business for a while, it may be time to increase your rates. 
• It’s often easier to pick up new clients at a higher rate than to negotiate an increase with current clients. 
• You can also expand your services to offer more to existing clients.  

Avoiding Burnout 

Stay mindful of your workload – you don’t want to work yourself sick.

• Freelancers are vulnerable to burnout since continuously adding work for higher income is extremely tempting. 
• Here’s a look at some of the signs of burnout — it’s easier to address if you catch it early. 
• Remember to make time for yourself and foster a strong work-life balance, especially if you’re expanding to full-time work. 

Boosting supplementary income can be a powerful move right now. The pandemic might have set your financial goals back a bit, but we hope these resources help you get things back on track! 

By Daniel Shermin

Daniel Sherwin, a single dad of two, created Dadsolo.com with a goal to help equip other dads with resources regarding single parenthood. He considers raising his 10 year old daughter and 7 year old son both an adventure and a blessing.