When you are starting your wedding business one the biggest, if not truly the biggest issue you will face is the break between steady employment and building your business to a point where you can support yourself on your own income.
Each person has a different way that they’ve found to deal with this issue with wedding business income. Some people have saved money ahead so they have 6-12 months of savings to live off of while they build their business. Others start building their business while they are still working for their previous company.
According to Alex Fitzpatrick there is a new law being considered which would allow entrepreneurs to draw unemployment for 26 months while building their business. The obvious risk of this would be for entrepreneurs to tap into this too early and have their businesses go under. The main benefit would be the ability to draw in money for living expenses while building a solid business. What do you think? Would the new law have helped you when you were starting out, or would it have created too many problems?
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