As a small business, you cannot do everything on your own. If this is the case, you will lose sight of long-term goals. This course of action can lead to business failure. Small business owners need to be the visionaries and forward thinkers, but that can often be what gets put on the back burner first. To ensure your business thrives and grow, here are five sure tips.
Hire the right people
Identify your strengths as the business owner and delegate tasks that you don’t have time to give 100 per cent to anymore. This could include marketing, purchasing, finance, sales, etc. Giving up these responsibilities is a sign of real growth and lets you focus on the bigger picture of your business growth.
Don’t overcrowd your calendar
An over-crowded calendar can be a recipe for disaster. If you have employed the right hands, you should not be involved in every aspect of day-to-day decision-making. Aim to be accessible to your teams, but don’t be involved in things like daily sales meetings. Learn to set boundaries, prioritize and attend only meetings with your most immediate priorities.
Plan to be interrupted
Staff members will pop into your office and you will run into someone that has something important to discuss with you. You may want to put up a “Do Not Disturb” sign and close your office door, but this will not prevent them all. Your employees will appreciate you not constantly rushing off as though you don’t have time for them.
Choose and use your tech tools
It is a technology-driven world, and there are many tools to choose from. Find a millennial in your office and tell them about what time management you are struggling with. Choose a calendar, task, alert, notification, or alarm app, and stick to your schedule! Your phone can be the greatest tool you have at your disposal to keep you in line, so use it to its full potential.
Find time to relax
As a small business owner, you have a task list that will never end. There are certain days you will stay late and barely get sleep, but knowing this is not sustainable is important for your overall health and, in turn, the health of your business. So, find time to relax.
By Damilola Faustino