I is for

Income

Being in business is all about making money.  So with your new business idea in place you need to start thinking about the amount of income you want to bring in. If you know how much you want to earn, it makes it easier to set and live by your goals.  

The best place to start is to work out how much you need to live on. Here is a calculator from the money secrets website that may be great way to start.

If what you earn is only going to top up the family income, then everything you do earn will be a bonus. The most important thing to remember is to be above the law and register for self employment. It may seem scary but it really isn't. It's one simple form and they do the rest. If you don't earn very much then you don't pay tax. simples.

Once you are registered then you are free to go ahead and make your idea into a great business and a money making scheme.

Don't forget I am always here to support you and if you have any questions please use the comment box and I'll be sure to answer them.