Building your own business from the ground-up is a liberating, if exhausting experience. You’ll trade your regular sleeping pattern for career freedom and you’ll be swapping the 9-5 for unrestricted working hours.

No one starts a business to be average, and any new business owner aims to grow their business to be as successful as they can be. Most of the time, you can’t do this alone. Make use of the teams of people and professional help that is available - and you’ll see how your business could transform.

Reach out to friends and family for support

Even if you want your new business to be a one-person show, you can only get so far on your own. Some business owners hesitate to ask for help from friends and family, either because they don’t want others to see them if they fail, or they hate to ask for favours. While you don’t need to ask people you know to spend money on your business, they can support it in other ways. Get them to interact with you on social media, share your posts and spread the word about your new venture.

Start on the right foot with marketing agencies

New business owners have to be wise with their budget allocation, as their initial capital may be limited. The only way your business will be successful is if people know about it, right? Invest wisely in a reliable digital marketing agency in Melbourne, or wherever you’re based, and you can expect an impressive return on your investment. Getting marketing right from the start is important for branding, company awareness and overall revenue, so don’t attempt to tackle it alone if you’re not an expert.

Outsource your finance struggles

Outsourcing your accounting can avoid costly issues and time-consuming processes further down the line. Hire an accountant to help you when it comes to tax season and for ongoing bookkeeping. When you hand your finances to someone else to manage, this frees up your time to focus on actually building your business.

Meet with mentors and groups

Look for business events in your niche that are running in your local area. These are a great way to find inspiration, get some training and network with like-minded people. Groups are often run by successful entrepreneurs that can pass on their knowledge and experience to you, so don’t be afraid to put yourself out there and ask questions to squeeze as much out of the session as you can.

Though money may be tight at the beginning of your startup journey, learning how to allocate it intelligently is a skill that all entrepreneurs need. Spend on those people and businesses that can add genuine value to your business and take it to the next level.