1. Keep sight of the big picture
're running a business, it
's easy to get pulled away from big-picture goals and into day-to-day operations. Take a step back to track your business
's progress against your goals.
Then prioritize your time around activities that get you to the next growth stage fastest. If you
're stuck in survival mode, what processes can you streamline?
Dedicate time to invest in strategic thinking and participate in activities focused on growing your business.
2. Delegate what you can
You might be better positioned if you leave everyday business tasks to the experts, sooner rather than later. Remember, 65% of business owners say they
'd be better positioned for growth if they freed up time by working on fewer business operations themselves.
Get a clear understanding of where your strengths
- and weaknesses
- lie so you can get the support you need. Who
's best suited to take care of tasks like payroll, sales, human resources, marketing, customer service, or bookkeeping? Some options could be re-assigning job duties, hiring a new staff member, investing in a do-it-for-you software solution, or outsourcing.
With more tasks off your plate, you
'll be able to shift your focus back to business growth.
3. Trust your experts to do good work
Small business owners are proud of the businesses they
've built. 38% say they wouldn't
't want to outsource business operations because they prefer to keep them under their control. But many business operations are challenging and come with heavy consequences if someone makes a mistake.
's why so many business owners want help handling their finances. 22% would prefer to outsource payroll to a vendor, 17% would outsource tax preparation and filing, and 16% would outsource bookkeeping. Are you ready to step back, hire good people, and trust them to do a good job?