For business owners, the Christmas break is often a time to reflect on their business. For many there will be the realisation that their business could be much better than it is. They may be working long difficult hours for little or low profits: dealing with difficult customers and staff, struggling with cashflow and declining sales. And for many business owners, the prospect of returning at the start of the new year can be depressing and demoralising.
But it doesn’t have to be like this. Remember when you first started in business? You were excited, motivated and looking forward to the freedom and wealth that business ownership could bring. Isn’t it time to regain control of your business and get back to those exciting times when you first started?
Could we give you a helping hand?
The starting point has to be the creation of a working business plan which you can refer to on a regular basis and adapt as circumstances change. A plan which involves getting rid of poor customers and getting more of your ideal customer, creating a successful team that are as inspired as you, delegating unnecessary tasks, creating time to work on your business rather than in it, devising new marketing strategies, creating an exceptional customer care programme. In short, creating that business that you dreamed of when you first ventured into business ownership.
Taking the first steps can be daunting and it is often difficult to know where to start. So why not work with a business mentor—someone who has already experienced all of this. At Balance Accountants we perform this role for about 10% of our clients—we could do it for your business as well!!!
Feel free to give us a ring to find out more.
This article was compiled by Ashley Barrowclough.
Leave comments below, if you wish.
Book – Stress Proof Your Business and Your Life by Steve Pipe and Elizabeth Wilson
Owning and running a business can be incredibly stressful. To help our clients, and other serious business owners, reduce the build up of stress we have commissioned a book called “Stress Proof Your Business and Your Life”.
You can find it on Amazon at £12.99 - but you are welcome to a copy with our compliments (*see below).
Now please don’t be put off by its title, since it is categorically not only for people who are stressed. In fact, one of the key benefits from reading it is that you’ll get dozens of excellent ideas for putting a great deal of extra cash into your business and personal banks accounts.
Stress Proof Your Business and Your Life
There are four parts to the book:
Part 1. Stress proofing the business stuff: looks at what people can do to reduce and prevent the stress caused by their business and financial situation. And it provides a simple yet effective solutions to common challenges such as:
- Not making enough profit
- Running out of cash and other similar cash flow problems
- having too many things to do on your list
- Too much depending on you, and too many things that can only be done by you
- Not getting the right life-work balance
- Not having the information you need to make sensible decisions
- Losing too much of what you earn to the taxman
- Other people, especially customers and your employees, behaving unreasonably or unfairly
Part 2. Stress proofing the money stuff: looks at what people can do to reduce and prevent the stress caused by their personal financial situation.
In the first two parts much of the emphasis is on strengthening the financial business fundamentals – since they are often the primary sources of stress and anxiety for business leaders. But strengthening them is also extremely worthwhile for people who aren’t suffering from stress.
part 3. Stress proofing the personal stuff: broadens the discussion by explaining how to reduce and prevent the stress caused by other things going on in people’s lives.
Finally Part 4. Brings it all together into a practical action plan.
So, who wants a copy?
*The first 10 people to get in touch with us will receive a complimentory copy; email us through our contact page.