Welsh Government

Starting a Business Part Time

It’s big step to start your own business but you don’t have to jump straight into it full-time.  If you are still in education, have young children or just want to ensure your business idea will work, it might be better for you to start a business on a part-time basis first.

Some of the advantages of running the business part time include:

  • You can carry on in paid work with the security of a regular income until the business is up and running
  • You can use skills you have learned working for an employer in starting and building your own business
  • It is a way of having an income if you have obligations such as caring for dependents
  • You can test whether there is a market for your product or service
  • If you have  a hobby that you would spend time on anyway, you could make money from your interests

But there may also be some disadvantages that include:

  • Finding the time to run the business - it may take up more time than you think
  • Could be hard to concentrate on your paid work, particularly if the business has a problem
  • It may take longer for the new business to develop and become viable

To find out more about starting a part time business, read the guide on the Business Wales website on Starting a Part Time Business (Business Wales website).

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