Not everyone can run a business. As well as the freedom and independence it brings, it also brings its fair share of stresses and challenges. How you deal with these will partly determine your success. One of the things that entrepreneurs and new business owners often get wrong is knowing when to seek help and guidance elsewhere. No-one can be an expert in every area of their business. Therefore, seeking fresh opinions and input will provide you with everything you need in order to thrive.
Recruitment is time-consuming and fraught with legal considerations you may not be aware of. Therefore, if you’re not an expert in this area, you should look for employment agencies that specialize in your field. Professional recruiters will navigate any legal issues and ensure that advertisements, job descriptions, and other documentation conform with legal requirements. They will scour hundreds of resumes to find the candidates that will have a positive impact on your business. It’s likely that many of these will already be on their books.
Since establishing your business, you have become a bit of whizz on the marketing front. You have a plan in place and have built up a decent following on social media. However, as your company is growing it is becoming much harder to keep on top of this. You also need to take your business to the next level but don’t have the right media contacts. Sound familiar? If so, it’s time to start with PR. Bill Gates once famously said, “If I was down to my last dollar, I’d spend it on public relations.” Sounds good? Start with doing your own PR first, to understand what PR agencies do and enroll in my PR & Free Publicity course Master the Media here.
A business finance expert can advise on everything from tax issues and invest to obtaining short-term loans. They work in the business day in and day out and so are best placed to advise you and introduce you to a wealth of resources. Consider seeking advice from the following:
- Your bank manager should be your first port of call. He or she will know you and will already be familiar with your business
- Financial advisers
- The Chamber of Commerce and other organizations such as the SBA provide useful information on their websites and can put you in touch with financial experts and business advisers
Help With Daily Tasks
If you started your business as a sole trader, chances are you’re still working on day-to-day tasks. This can be counterproductive. Too much time spent working in your business means you’re not working on it. There are lots of ways you can get help to manage these tasks, even if you can’t afford to take on lots of new staff.
- Virtual assistants will cover a range of administrative duties that you don’t have time to complete
- A virtual receptionist will take your phone calls and deliver messages
- A part-time bookkeeper will look after your accounts and complete time-consuming tasks such as salary payments and tax returns, etc.
- Concierge services will help you deal with personal errands when you just don’t have time to do it
One of the best lessons a business owner can learn is when to delegate and when to ask for help. Keeping everything under your sole control will restrict your business and prevent it from thriving. Free up your time and open your business to new ideas and perspectives by seeking the right help and advice.