Okay enough of big and small play of words. Let’s talk business now! *pun intended* Okay, seriously, are you running a small business? Are you an entrepreneur? If yes, then we understand your problems and difficulties. And so does many others who have switched from full time jobs to a very ambitious start up business. The task of running a business isn’t an easy one. There are just too many things to be taken care of. And yet, you have to do all that while also making sure your business’ constant growth. On this journey of yours, you will get a lot of advices and suggestions from others. I hope you have room for few more because here we go-
Never Forget Why
Image Credit: Pexels.com
There’s always a reason or intent or some kind of motivation that drives you to start a business. Hold on to that! You are always going to need it. It is easy to get carried away in a business and forget the reason why you have been doing this. Remembering this will always keep you going. You will face many ups and downs in your business and hence, it will be a constant struggle to stay motivated. You have to keep going because this is going to be a long journey. And your answer to “why you wanted to start the business” will be your fuel in this journey.
Be As Systematic As Possible
Small business owners have a tendency to be negligent when it comes to creating and maintaining a system. Be it a system to record the finances or a system to deal with clients. It is best to formulate the best arrangement you can on the basis of your experience and knowledge. Keep your paperwork very strong and make separate folders for all important set of documents, receipts, and other papers. If possible, start using accounting software from the very beginning.
Talking about systems, you will have to be the most systematic while handling your finance and accounts. In your F&A department, make sure that everything is separately accounted for. Do not leave anything out. Also, make sure you have a plan for your company’s profits. If your business’ finance is sound, rest all the problems can be taken care of.
You Are Not A Superhero But You Can Fly
Image Credit: Pexels.com
This is probably one of the most important lines when it comes to running a small business. You are not a superhero. You cannot do everything by yourself. Make sure you respect and value your time. Invest your time in more productive and valuable tasks. Do not hesitate from hiring people for all the other tasks that you don’t need to do yourself. Your time and energy should be devoted in helping your business grow and not in taking admin calls. Hire an admin professional for that!
Turns out you are not a superhero, okay. But always remember that YOU CAN FLY! Do not for a second lose faith in yourself. You started this business against all odds and you will see it grow and prosper despite all the difficulties and challenges. It is because you were meant to fly high and take your business to the top of the ladder.
