Starting your business as a non-SaaS (Software as a Service) business can be a challenge. For starters, finding capital can be difficult as investors might find it difficult to understand your business model. There is also the challenge of your business taking longer to scale when compared to a SaaS business.
While challenging, it is however not impossible to grow a non-SaaS business in today’s world. Here are some start up tips for you to get started on your non-SaaS business.
Now or never
Waiting for the perfect moment is not the best strategy, It is neither before or later, it has to be now! There is no 100% certainty of things and that’s okay. Just do it, seize every opportunity you can get and start something. They always say the hardest step is the first and I am firm believer of that. As long as you are confident in your product or service – just start selling already!
You are not selling a software that MUST work right out of the gate. It can be improved over time and adapt to the ever-changing climate of the market. What matters most is getting the business off the ground first!
Live and learn
As a non-SaaS business start-up, you will experience many things along the way. There might be moments of confusion and unknowing but best thing is you can learn much during those times. Marketing, branding, customer service and so forth, all these are vital to the longevity of the business. By having a strong understanding of how it all comes together, your business will thrive better in the market.
Never shy away from taking the opportunity to learn a new skill or understand how things work. It will pay its due when you slowly piece the elements together and apply all that you’ve learned to the benefit of the business.
Seek professional help
For small business owners that are just starting up, taxes are the biggest pitfall that they might have not noticed. If you are not starting a SaaS company, it is likely that you do not have research credits to give you a few years worth of tax-free operations. This is why seeking professional help like an accountant will be help your business immensely.
They can help set up your financial systems and highlight important things that you may have not noticed. If you are unable to afford one on a regular basis, just organise a simple consultation session and they will help point you in the right direction on how to start up your business.
In Short
Starting a non-SaaS business can be rewarding, but chasing success demands careful planning, adaptability, and a laser focus on delivering value to your customers and clients. Always remember that every great business starts with an idea, with the right approach, your business can be the next big thing!