Coping with growthEmployeeThrow in the towel

Are you prepared for business growth?

Is your small business consuming you …taking up all your time….do you at times want to just throw in the towel…are you not achieving the balance you wanted when you started your business?

Is your small business consuming you or are you prepared for business growth?

The number of small business owners who quit within the first five years is astronomical, and most times money is not the sole reason.

Business Success

Most often, a business can be successful in the eyes of the outside world – ie, the business has a great presence, has built up a huge following, people organically refer customers/clients – but as a business owner we are not coping. But of course we don’t tell anyone or ask for help.

Running a small business can be stressful, time consuming, difficult to know if you are doing the right thing and often you are left asking yourself “why do I bother”. Often we sacrifice family time, friends, outings – anything – and work all crazy hours to get things done.

Business Growth

Over the past few months, I have been doing a lot of thinking about my business and where I see it growing and how I will cope with that growth. As a bit of a control freak, I thought I could handle it all on my own. But I have come to realize I am not Superwoman (not only because I would not look good in spandex!), but because there are only so many hours in the day and I need to use that time wisely.

So a huge decision was made last month in the Healthy Business Finances world – I am hiring a casual staff member.

Business Benefits in Hiring Staff

Now I know what you are thinking – how can spending money possibly be helping my business? Well, I feel in the long run, both myself and my business will benefit.

I can:

  • focus on the value added tasks
  • service my clients (and new clients) more effectively
  • achieve some inner peace knowing that my business is headed in the right direction
  • have time for myself and my family again

Is that worth the money – YOU BET IT IS.

Your Priorities

So my question this month to you is – as a business owner – what are you doing to look after the growth of your business without sacrificing what is important to you? Sit down and remember why you started your business and make sure you are still on track.

Growing your business doesn’t mean working an 80 hour week. It means structuring your business to get the results you desire – without having a mental breakdown in the meantime!