Take a Break!
For a number of years, research has been finding that small business owners take the least amount of time off than people in any other industry, role, or profession.
A recent study conducted for the Council of Small Business Organisations of Australia has again found evidence to support this trend.
The survey of 325 small business owners and managers showed that most business owners don't take leave because they worry that their business constantly needs them in the office, they may miss business opportunities if they leave, or they need to be around all the time to make important decisions.
Business owners also reported that it was difficult finding someone to run the company for them while they were away.
But if you're a business owner, you can't run your company to the best of your ability if you're overtired, overworked and stressed.
Taking a much-needed holiday will actually ensure your business continues to be successful in the long run.
Here are some tips to help you get the much-deserved break you need.
• Be prepared - A little extra preparation can ensure that you have all the necessary steps and plans in place so your business can run smoothly while you're gone.
Consider getting some extra equipment to help staff deal with any extra projects or work that needs to be done.
To help you get the assets you need, leasing commercial equipment is a good option for many businesses.
• Hire reliable staff - if you are the sole owner of your business and don't have a business partner, you'll need someone you can trust to run the company while you are away.
• Develop good partnerships - it's not just about your immediate employees that you'll come to rely on.
Many small business owners make the mistake of doing everything themselves.
By utilising the services of experienced professionals, you'll enjoy the peace of mind that a job is being done right.
From a reliable electrician to an experienced commercial finance broker, have a solid "team" of professionals behind you.
• Pay yourself - if you have a well-established business, you should pay yourself a market wage for the role you perform.
This will also make it easier to properly pay the person you leave in charge while you're gone.
• Have confidence in your business - If you're constantly worrying about your business going to pieces while you're away, you won't enjoy your time off, and your holiday will quickly become more stressful than work itself.
Have confidence in the way that you have established your company, stress less, and your company will be there to greet you once you return well-rested and ready to take the lead again.
A recent study conducted for the Council of Small Business Organisations of Australia has again found evidence to support this trend.
The survey of 325 small business owners and managers showed that most business owners don't take leave because they worry that their business constantly needs them in the office, they may miss business opportunities if they leave, or they need to be around all the time to make important decisions.
Business owners also reported that it was difficult finding someone to run the company for them while they were away.
But if you're a business owner, you can't run your company to the best of your ability if you're overtired, overworked and stressed.
Taking a much-needed holiday will actually ensure your business continues to be successful in the long run.
Here are some tips to help you get the much-deserved break you need.
• Be prepared - A little extra preparation can ensure that you have all the necessary steps and plans in place so your business can run smoothly while you're gone.
Consider getting some extra equipment to help staff deal with any extra projects or work that needs to be done.
To help you get the assets you need, leasing commercial equipment is a good option for many businesses.
• Hire reliable staff - if you are the sole owner of your business and don't have a business partner, you'll need someone you can trust to run the company while you are away.
• Develop good partnerships - it's not just about your immediate employees that you'll come to rely on.
Many small business owners make the mistake of doing everything themselves.
By utilising the services of experienced professionals, you'll enjoy the peace of mind that a job is being done right.
From a reliable electrician to an experienced commercial finance broker, have a solid "team" of professionals behind you.
• Pay yourself - if you have a well-established business, you should pay yourself a market wage for the role you perform.
This will also make it easier to properly pay the person you leave in charge while you're gone.
• Have confidence in your business - If you're constantly worrying about your business going to pieces while you're away, you won't enjoy your time off, and your holiday will quickly become more stressful than work itself.
Have confidence in the way that you have established your company, stress less, and your company will be there to greet you once you return well-rested and ready to take the lead again.
