Running a small business means wearing a lot of hats, including that of payroll processor, HR manager, and bookkeeper. Many small business owners manage these types of business operations personally—even if it’s not their forte.
But these same tasks prevent business owners from doing what they really want to do. Things like building new business strategies, focusing on their customers, or innovating their products and services. Despite this, delegation is still one of the biggest challenges for small business owners.
If you struggle with delegation, you’re certainly not alone. Many small business owners see delegation as a relinquishing of power or leadership. But the opposite is true. Delegation frees up more time for you to work on growing a successful business, improving your leadership skills, and building an efficient team. Effective delegation can give your employees confidence and make them feel more invested in your business.
And, let’s face it, you started your business to follow your dreams, not to generate financial statements. Delegating specific tasks like marketing, HR, or bookkeeping to employees who excel in those fields can make your business better.