Want to start a business after divorce? It’s possible!

For most women, divorce often comes with concerns about managing their expenses and their kids independently.  If this is your case, you may consider starting your own business, as many other women have done. According to the latest data from the United States Census Bureau, 1.1 million women had businesses in 2018, and the number is growing. Starting your business will not only give you an income source, but it will also come with many other benefits.

 More time with the kids

A full-time job may not be a plausible option for you as you don’t want your kids to be alone or spending a lot of time at a daycare or with a nanny. A part-time job may not be desirable either, as it might not give you enough means to support yourself and your kids. That is why starting your own business is an attractive idea. However, that does not mean that you won’t have to put a lot of work into it, but ultimately you will be the one deciding your work schedule. It will all come down to how you organize your time.

Complete independence

If you start a business, you won’t need to worry every time your spouse fails or forgets to pay your alimony and child support, even if it is their legal obligation. In any case, you could file a legal claim against them or seek help from the Child Support Enforcement Agency. However, if they fail to make the payments regularly, it can be exhausting to get into the legal procedures time and again. Having your own business will give you the relief of having another income source so you don’t have to rely solely on your ex.

Your own decisions

Now that you are single, you don’t need to worry about losing all or part of your business to your ex in divorce. You are not together anymore, so your ex won’t have the right to take anything away from you. Starting the moment you got legally divorced, all property and assets that you acquire in the future are yours and yours alone.

Believe in yourself

Your relationship is over. But your life is not. Now that your ex is out of the picture, you can make your own decisions and achieve success on your own merits. Many women have done it, and so can you.

 

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