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Why 2018 is a Great Year to Start a New Business

Why 2018 is a Great Year to Start a New Business
Alison Stanton
Written by Alison Stanton

You’ve fantasized about owning your own company long enough — and now it’s time to take the bull by the horns and fulfill your dream of being an entrepreneur.

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After dreaming about it for months or even years, you’re determined this is the year when you’ll finally open your own business. While you’re no doubt excited about taking the plunge into the world of small-business ownership, you may also understandably have some reservations.

Fortunately, 2018 appears to be a great year to start a new business. Check out the following reasons about why this makes sense:

There’s a Wide Variety of Small-Business Opportunities

As The Balance notes, there is currently any number of small-business opportunities in various industries that look promising for 2018. For example, if you’re interested in virtual reality computing, there are a wealth of small-business ideas related to this innovative technology.

These include launching a service that helps Realtors create virtual reality tours of for-sale homes to creating customized meditation classes for people using a VR headset.

If you love working with children and/or the elderly, there are many opportunities in the children and senior services markets, including art classes and other kid-friendly events, outdoor preschools, tutoring, handling household chores and errands for seniors, house or pet sitting and property maintenance services.

You Have Plenty of Resources at Your Disposal

While you may be the sole owner of your new business, you’re far from alone in ensuring its success. In fact, there’s a number of resources of which you can take advantage this year to get your company off the ground. For example, Fundera showcases several dozen resources for any budding entrepreneur to scour.

Some of these sites include the Twitter feed for Small Biz Answers, which is updated daily and features content with helpful tips and advice for small-business owners; and Business 2 Community, a website that focuses on news and current trends related to small business.

To help keep your new business safe from sneaky and insidious ransomware, use resources available through Mozy as a second line of defense against these attacks. The company allows you to store up to a year’s worth of business files in its cloud-based system, meaning if you fall victim to a ransomware attack, you’ll be able to retroactively restore your files from any point in time prior to the issue.

Ultimately, the last thing you want is for your new company and all of your hard work to be brought down by ransomware.

Business Funding is Plentiful

If you need some financial assistance getting your new business off the ground, MoneyCrashers.com notes small-business owners are bound to uncover plenty of resources throughout 2018. Some of these sources of financial assistance include private banks that can assist with capital asset purchases and short-term loans.

Crowdfunding can also help you get the money you need to start your new business. For example, Kickstarter focuses on donations to help entrepreneurs like you get your company off the ground, and the website allows both donation and investment-based approaches to fundraising.

2018 Will be a Great Year — Now, Go for It!

You’ve fantasized about owning your own company long enough — and now it’s time to take the bull by the horns and fulfill your dream of being an entrepreneur. As the old saying goes, “there’s no time like the present,” and based on a number of flourishing industries, plenty of resources and funding options, 2018 is definitely a great year to launch your new company.

Identity Magazine is all about guiding women to discover their powers of Self-AcceptanceAppreciation, and Personal Achievement. We ask that every contributor and expert answer  the Identity 5 questions in keeping with our theme. Their answers can be random and in the moment or they can be aligned with the current article they have writtenIn that way, and as a team, we hope to encourage and motivate each other, thus inspiring you to Get All A’s.

1. What have you accepted within your life, physically and/or mentally? Additionally, what are you still working on accepting? Now, we’re not talking about resignation, rather stepping into, embraced, and owned.

I’ve accepted that for the foreseeable future, I will probably never have a home that will be featured in a Martha Stewart magazine—with kids, a hubby and 5 pets we have a lot of “stuff” in our home. I’m still working on accepting that my kids are getting older and some day they will move out….which means maybe I will get a shot at that Martha Stewart photo shoot one day!

2. What have you learned to appreciate about yourself and/or within your life, physically and mentally? On the other hand OR in contrastare there elements of who you are that you’re still working on appreciating?

I have learned to appreciate that I’m a good friend to people and that I’m always there for them when I need them. I think I’m still working on appreciating how stepping on Legos at 2 a.m. in bare feet just means you have happy kids in the home who enjoy playing with their toys.

3. What is one of your most rewarding achievements in life? Tell us not only what makes YOU most proud but also share the goals and dreams that you still have.

My most rewarding achievement by far is being a mom. My two sons make me so proud and I love being with them. As for goals and dreams, I would love to rent an RV one day and drive around the country with my family.

4. Of course, we all have imperfections, or so we think. In truth, we are all perfectly imperfect. What are your not-so-perfect ways? Likewise, what imperfections and quirks create who you are—your Identity?

My main imperfection that comes to mind is that I’m not great at getting enough rest. I have one son who is an early bird and one who is a night owl and so to spend time with each of them I’m typically up early and up late.

5. “I Love My…” is an outlet for you to appreciate and express all the positive traits that make you…well…YOU! In fact, sharing what you love about yourself will make you smile, feel empowered, and uplift your spirit and soul. (We assure you!) Therefore, Identity challenges you to complete the phrase “I Love My…?”

A dear friend of mine once told me “You should never say anything about yourself that you wouldn’t say to a best friend or your mom.” I really took this to heart and strive to avoid all negative self-talk, even when said in jest.  I love my positive self-talk!

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About the author

Alison Stanton

Alison Stanton

Alison Stanton has been a freelance writer for the past 14 years. Based in the Phoenix, Arizona area, Alison enjoys writing about a wide variety of topics, but especially loves meeting interesting people and telling their stories.

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