Running a Business as a Working Nomad
Once you've legally created your digital nomad business you'll need to get some other things in place.
Finances and Taxes
What kind of bank account will you get? How do you find the best business credit card? Figuring out how you’ll manage your finances and pay taxes as an ex-pat are all important things to consider, so your digital nomad business stays in the green.
Software
Is there software that can help you manage and market your business? See our list of software at the end of this article for some great starting points.
Processes
What business processes are you going to use to run your business efficiently and effectively? You will need to get good financial, client management and work management processes in place. How will you track projects and increase productivity? How will you work with others from afar — what chat client will you use? Does it have a mobile app too?
Permits & Licenses
Do you need to build a website for your digital nomad business? (We're going to always go with a YES for that one.) Should you have a logo designed professionally? Will you need business cards? Think through a professional brand and pieces that make your business appear official and professional when working remotely.
Business Maintenance
Most states require businesses to file an Annual Report report once a year. You will also be expected to pay estimated taxes on what you plan to earn in the current business year. And, your federal, state, regional and city business licenses and permits may need to be renewed on a regular basis, typically once a year.
Business Location
Where are you going to run your business from? The joy of being a digital nomad is you can theoretically run it from anywhere, but you'll need to make sure you have all the necessary facilities — an internet connection, somewhere to work from, access to a phone, etc.
Equipment
What equipment do you need to manage your digital nomad business apart from a laptop, computer, smartphone or tablet? What about transportation or specialized equipment? Make sure you understand exactly what you need to spend so you can write it off against business expenses. Grab extras of computer equipment such as chargers because these things are often hard to find or expensive in some international locations.
The Complete "Start Your Business" Checklist
A Clear and Comprehensive Guide to Starting Your Business the Right Way
Social Media Groups for Your Digital Nomad Business
Connecting with other business owners in your industry can be incredibly helpful. Here are some of the best social media groups:
Discussion Groups and Forums for Your Digital Nomad Business
There are plenty of forums and online discussion groups for digital nomad businesses. Start with these:
Useful Online Tools for Your Digital Nomad Business
Here are some really great online tools for managing your digital nomad business. They will reduce the time you spend on administration, help you to collaborate with others and free up your time to grow and manage your new venture.
Collaboration
Social Media Management
Communication
Email Marketing
Advertising
Marketing Automation
Customer Relationship Management (CRM)
Customer Support
Human Resources
Website Development
Analytics
Hiring
Please note: This page contains affiliate links and we may receive a commission if you make a purchase using these links.
Conclusion
There's nothing like the freedom and satisfaction of running a successful digital nomad business. The combination of location independence, doing awesome work, keeping clients happy and seeing the world is a potent mix. Why not get started and ...