Entrepreneur

Entrepreneurial Opportunities Are Available to Disabled People

2 Mins read
  • Disabled business owners are able to thrive and become financially independent with the right support.

Are you a disabled individual with a business dream? Many people with disabilities fear that their challenges would make it impossible to start their own business. With the right support system and resources, anyone can start a business. The trick is in finding which business idea would be right for you and then finding a supportive pathway to fulfilling that dream. Keep reading to learn more about starting a business with a disability.

Finding Support

In order to be successful in business, it is important that you be realistic. This means that it is okay to take inventory of what challenges you have and how they might affect your business venture. Even though this may feel intimidating it is an important step which all business owners must take.

Evaluating your weak spots will help you to identify what types of support you are in need of. Sit down and write out a list of things you think will pose challenges in your business idea. After this sit down with someone you trust and who you know will be honest with you. Ask them to tell you what they think the challenges will be. Compare notes so that you can make up a realistic list.

Next, brainstorm ideas of how you can get support for these challenges. The U.S. Small Business Administration provides great resources to help disabled people start their own businesses.

Consider A Home Based Option

Home-based businesses are growing in popularity. Home-based businesses are a great fit for people with disabilities. Home-based businesses also cost less to run over time because you will not be paying for the rent of a location.

Plan Your Business

Planning a business is the same for everyone in the early stages. It is essential that you get your ideas down on paper. Developing a business plan is an important first step in your process. The first thing you should do is decide on a business name. Consider business name ideas that will reflect what you want the world to know about your business. Your business will be a part of you and what you believe in. Choose a name that will share this with the world.

If you are unsure of where to start with developing a business plan, the U.S. Small Business Administration has plenty of helpful information.

Find Funding

There are many organizations that want to help disabled individuals get their businesses going. These organizations help people find funding. You can start at Grants.gov to look for federal grants to help start your business. Grants never need to be paid back and can often provide the necessary capital you need to get your business going.

The Department of Health and Human Services also provides information on local groups and organizations which strive to help disabled business owners in the community.

Traditional loans from banks or even from friends and family can also be a great way to get the money you need to start your business. This is where your business plan will come in handy. A well-written business plan will help you to share your business dreams clearly with others.

Taking Care of Business Means Taking Care of Yourself

Any business owner knows that you can’t run a business if you aren’t in your best shape possible. If you want to fulfill your dreams of business ownership, it is very important that you make your health and self-care a priority. This could mean staying on top of important appointments, keeping up with your meds, and staying in a good place mentally.

Business ownership is possible for disabled individuals. Use these tips to help get you started.

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Ryan Kh is a big data and analytic expert, marketing digital products on Amazon's Envato. He is not just passionate about latest buzz and tech stuff but in fact he's totally into it. Follow Ryan’s daily posts on Catalyst For Business.
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