How to Handle Childcare While Starting a Business
Starting a business is an attractive idea for many parents. Unfortunately, time constraints and childcare concerns keep a lot of parents from pursuing their dreams of becoming entrepreneurs. Others, intent on juggling a full household and a budding business at the same time, take on too much and wind up suffering burnout. Hiring childcare help from a company like Imagine Nation can be a great investment in your business — and your personal well-being!
Launching a Business is a Time-Consuming Process
Certain businesses are more hands-on than others, so it might make sense to tackle childcare on your own once your business is up and running. However, every business requires a lot of time and attention to reach that point.
You will need to navigate various legal tasks including registering your business, choosing a business structure and registering for it (such as applying to file LLC in Texas online or with an attorney), and acquiring an Employer Identification Number (EIN). You should consider appointing a registered agent to serve as a point of contact for all business-related legal matters. In addition to this, you will need to spend a lot of time planning your business launch. Hiring childcare help during the startup phase will give you the time you need to bring your product to market.
The Myth of Multitasking
New entrepreneurs often underestimate the work involved in running a business. If you’re planning on waking up early or working late at night while your kids are sleeping, you’re going to run into issues. There will be times when you need to meet with a client or work on business problems during the day, and splitting your attention between your business and your kids isn’t a good idea. Artisan explains that multitasking will make you less productive.
At any given time, you should be able to give 100% of your attention to either your business or your kids. Don’t try to juggle both at the same time. The added cost of childcare is more than worth it when you think about your potential productivity increase — plus, neglecting family time is a parenting no-no!
Prioritizing Your Well-Being
Even if you’re one of those rare individuals who can multitask effortlessly, taking on too many tasks in business and life will put you on the path to burnout. Being a parent is already one of the most demanding jobs you can do — balance this with business ownership, and you’ll never get a break from your responsibilities. Hiring someone to help with childcare will give you time to practice self-care and prioritize your personal well-being. Taking the time to care for yourself will make you a much better parent and business owner.
Your Childcare Options
When it comes to childcare, you have a few basic options. Most parents find themselves choosing between daycare and a nanny, and there are pros and cons with each. Daycare centers tend to be more affordable and offer numerous socialization opportunities for kids. On the other hand, a daycare will only be able to watch your kids during certain hours, and you’ll have to drop them off and pick them up every day, which is why some parents prefer to hire a nanny. The best option for you will depend on what’s most important for your family, be it cost, flexibility, time savings, or parental control.
Becoming an entrepreneur sounds like a great way to make money from home while caring for your kids. But many business owners work harder and longer hours than employees. Before launching your business, find a childcare solution that will help you balance the demands of your new professional life alongside your parenting responsibilities.
Written by Carrie Spencer of The Spencer’s Adventures