Finding Balance as a Business Owner
When you run a business, whether it’s a multinational corporation or a small home-based company, there is one thing that’s the same – you will need to dedicate a lot of your time and energy to the company.
In fact, so many business owners work so much that they rarely have time for family life, hobbies or relaxation. This is not good. Sure, working long hours might seem like the best way to make your business a success, but if it’s leaving you feeling burnt out and ruing your family life, it is only a matter of time before your business is affected – working long hours with little balance isn’t good for you, your loved ones or your business and it is so unnecessary!
It is totally possible to find the right balance between being a business owner and having a life, and below you will find some tips to help you with that…
Make use of automation
These days, we have hundreds of business tools that can take a load off our plate. From accounting software that takes care of the finances to automatic email response software, there are endless ways to automate many vital business processes and by using them you can free up much more time for yourself and the other things that are important in your life. For example, as long as you understand the new lease accounting standards as a business owner, you can use automated finance systems as previously stated. This way, although you are still in control, you aren’t stressed over these procedures.
Delegate
Sometimes, business owners have trouble letting go of control, which means they try to do too much and not only end up stressed out and burnt out, but also making more mistakes. It is far better to learn how to delegate various business tasks to people who can do them efficiently, leaving you with more time to focus on the important stuff at work and at home.
Freelancers are particularly good for this because, no matter what kind of task you have, there will be someone who is qualified and willing to do it for you for a reasonable fee. Ude them and your life as a business owner will be much improved.
Boost your productivity
An easy way to find balance as a business owner is to boost your productivity so you can do what needs to be done in less time and free up more space to relax and have fun. There are numerous ways to boost productivity from using the Pomodoro method to evaluating all of your business processes to see which are useful and which can be done away with. Employ as many of them as you can and you will not regret it because a productive business is more likely to be profitable, as well as being better for your work/life balance.
Learn how to prioritize
If you can learn how to prioritise, you will never feel like you have to get everything done every day, which will enable you to leave the office earlier. State by creating a to-do list with the most important task at the top and the least important at the bottom. As long as you complete the top 3-5 tasks, the rest can, and probably should, wait.
Find the balance and your whole life, including your business, will benefit!
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Kate Davis-Holmes
Award-winning writer, blogger, social media consultant and charity campaigner. Social Media Manager for BritMums, the UK's largest parent blogging network Freelance clients include Firefly Communications and Save the Children UK. Works with brands on marketing projects. Examples include Visit Orlando, Give As You Live, Coca-Cola and Kodak. Cambridge Law graduate with many years experience working across three sectors in advice, media relations, events, training and project management. Available for hire at affordable rates.
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