A MUM who has been in business for 20 years at the helm of a flourishing pre-school activity group has offered some expert pointers to would-be mumpreneurs.
Karen Sherr of Musical Minis offers the following no-nonsense advice:
1. Research the market and competition.
2. Start small, let the business grow as and when you can cope with expansion.
3. Have a clear idea what you want out of the business
4. Try to separate work from home. If your business is based at home (as all the Musical Minis administration is) have a second phone line fitted.
5. Have backup. If your child is ill what will happen to your business?
6. Know your limitations. For example if you have problems with accounts, get someone to help you.
7. If there are not enough hours in the day to do everything, do the bits you like (with both work and home life) and get help with the bits you don't.