What to do Before You Leave Your Corporate Gig

"What to do Before You Leave Your Corporate Gig" Coworkers Graphic

~by Haley Lynn Gray~

So you want to leave your corporate gig to start your own business, but you’re afraid to cut ties. How do you stop thinking and start acting?

Many times, when we are working for someone else, we want to do something else. That may be to make a difference, make more money, control our hours, have more flexibility, or a thousand and one other reasons. 

The reality is there is a list of things you can do before you leave your corporate job to help your business get up and running before you get started.

I spent almost 18 months researching the home care market, interviewing caregivers and geriatric care managers, and experiencing home care from a client perspective. I then did my MBA concentration in Entrepreneurship and Innovation and put together the business plan for Extension of You. Okay, maybe you don’t need an MBA, but you do need to do plenty of thinking about what you’re going to do. Setting up a basic foundation before you leave your corporate job will save you a great deal of hassle and aggravation.

  1. Market research Who are your competitors and what are their prices? Who is your ideal client and what products or services do you want to provide? Get to know the industry super well.
  2. Incorporation – Talk to an attorney and incorporate your business once you’ve decided to go forward. Sure, you’ll spend a few hundred dollars on it, but most business attorneys will tell you this is very well spent money, as it can provide a great deal of protection to your family and life in the case of problems in your business.
  3. Bank accounts – You can absolutely set up your bank accounts and get a decent amount of money saved up to fund you once you leave your corporate job. Take the amount you think you’re going to need and double it. Starting a business can be expensive and having a great cushion while you’re navigating will save you serious heartache.
  4. Get insurance setup – You will need professional and liability insurance for a new business. Get yourself a great insurance agent who can tell you what you need to do and help you make sure you are covered.
  5. Licenses and Certifications – Make sure you have any and all licenses and certifications you need to run your business. Leaving your corporate job to start a home care agency, then finding out that you have to wait two years to get the license would suck. Make sure you figure out all licenses in advance and know the time frames in which you will be able to get them.
  6. Start getting clients for your business – You can advertise on Facebook and let your family and friends know you’re in business and looking to grow.  Frequently, the first referrals are going to come from family and friends, so make sure you let them know you need help. Most of them are happy to do so, if you just ask.

There are a lot of things you can do to research your business and set it up successfully. 

Meet the Author: Haley Lynn Gray

Picture of Haley Lynn GrayHaley helps female entrepreneurs create a strategy plan for their businesses – so they can make enough money to spend quality time with their family, pay for their children’s dance lessons, pay bills – and not worry about where the next client is coming from.

Haley is a serial entrepreneur and founder of Leadership Girl. She helps other entrepreneurs build their businesses by sharing the benefits of her business education and experience through Business Coaching.

Whether you want to get a new business off the ground or expand an existing business, Haley can assist you.

Connect with Haley:


All Categories

Business Operations

Entrepreneur Interviews

Marketing, Networking, & Social Media

Self Care & Personal Development

Working Moms

Business Software and Technology

Entrepreneurship & Small Business

Organizing Tips


Career Building

Family Businesses


Starting Your Own Business

Work-Life Balance


Hiring Help

Management & Leadership

Time Management & Priorities

Women in Leadership

Recent Posts

Business Blogging 101: How to Create and Sustain a Successful Blog

Business Blogging 101: How to Create and Sustain a Successful Blog

For businesses, business blogging is becoming a powerful tool to not only attract and engage new customers but also to build brand authority and ultimately grow your brand.
This comprehensive guide will equip you with the essential knowledge and strategies you need to start and succeed in the dynamic world of business blogging.

How to Protect Your Merchandise From Theft

How to Protect Your Merchandise From Theft

Protecting your merchandise from theft is a critical aspect of running a successful business. In a world where security threats are ever-present, safeguarding your inventory is essential. Not only does it protect your bottom line, but it also ensures the safety of...

Experts You Need to Have at Your Business

Experts You Need to Have at Your Business

In the dynamic world of business, having the right team of experts is not just beneficial; it is essential for success and growth. For female leaders who are carving out their paths in business, marketing, or HR, knowing which experts to have on board can make a...

7 Tips for Asserting Yourself as a Woman in a Medical Workplace

7 Tips for Asserting Yourself as a Woman in a Medical Workplace

As a woman in a medical workplace, you have a lot of responsibility, not just to yourself but to other women who will come along after you. Asserting yourself in your workplace and gaining the respect of other employees and leadership is essential to a successful career. You have worked hard to get where you are, you don’t want to lose momentum.

Continue to grow with online leadership training and more. Follow these tips to assert yourself in the medical workplace.