People with disability experience the higher rate of unemployment because employers do not consider them suitable for many job roles. Despite eagerness and skills, many are turned down even before the assessment of their resumes. Of course, everyone needs money to survive in this world. Disability should never be considered as hindrance to achieve goals because business is an option too.
If you are disabled, you should not lose your spirit as you can run your own business to earn money. Starting a business with disability is not complex as long as you have funds and the right strategy. All you need is passion to pursue your goal and you are there. Here is how you can set it in motion.
A home-based business is an ideal option as it removes all hassle that you can experience due to mobility barriers. Gone are the days when bricks-and-mortar businesses were prominent. Now everything is done online. Whether you sell jewellery, clothes or cosmetic products, you can sell them online by creating your own ecommerce. You must have a tie up with a shipping company to deliver ordered products to your customers.
Opening an e-commerce in the beginning may seem daunting. It is wise if you test the water because it is possible that your product does not have much demand. By selling your products through Amazon, you can have an idea of the level of sales you will have every day and every month. Make sure that you have a solid business plan to have approved by the biggest online store. Once you get to know that your products appeal to a large number of customers, you can run your own ecommerce store.
The self-employed make up 18% of the UK’s disabled workforce. The government provides disabled grants like the Access to Work scheme to the self-employed who are physically disabled. You are eligible for this scheme as long as you are 16 and over and you have been suffering from disability and poor health condition. You will get money through this scheme to buy equipment that makes your working life easier. For instance, you cannot type keys on the keyboard, this funding source will help you buy voice-recognition software.
Working with partners will help you recover the shortage of money plus you will avoid taking a lot of stress. Since people with disability suffer from various health issues and it can be deteriorated by stress, it is better if you collaborate with a partner who equally shares the load. However, at the same time, you will have to bear in mind that business is dynamic and you cannot have full control over circumstances.
When your business needs money, you can borrow funds from a direct lender that you will pay back over a certain period along with interest. Doorstep loans are a good option when you need a small amount of money. Considering your health, the lender will likely allow you to pay off the debt at lower interest rates. Alternatives to doorstep loans like Provident is offering are short-term loans, cash loans and bad credit loans.
Well, no matter when you decide to start your own business, you should look over your finances. You must have a business plan, vision and mission. You can have various funding sources to get it off the ground, but you need a right business strategy to keep the ball rolling.
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