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Your Business – More Profit, Less Hands On
Systemise your business spend more time at home doing the real business
In the last article we looked at some tips for fathers in business.
One of the tips was about systemising your business so that you as a business owner can get away and spend more time with your family without the business relying on you at all times. As a Father this is a natural desire. Systemising your business is often seen as a panacea and easy fix. Then reality is though that there are a series of stages that a small business goes through to actually reach this level.
This includes fixing and working on various parts of your business before investing in creating business systems
The problem with most small businesses is that they cannot afford to hire salaried business development experts. Small businesses realise that to get some expertise on board means that they could then grow their businesses effectively which means that they could then afford the expertise to grow their businesses… yes it’s a classic catch 22 situation.
Systemising your small business
The secret is to outsource this type of work to people who can show you the templates and then coach you through the process. Outsourcing someone to assist you implement processes and systems means that in effect you are adding three ‘departments’ onto your business.
1. Your marketing department – Making sure that every obstacle that stands in the way of getting your services / products sold are overcome
2. Your operations department – The sole purpose of this department is to investigate and implement ways of doing your work quicker, cheaper and better.
3. Keeping score department – What you cant measure you cant manage – keeping track of everything from finances, compliances, strategic planning implementation, systems implementation, staff etc etc.
On top of this you have someone holding you to account for accomplishing milestones moving your business towards one that is more profitable and less hands on for you the business owner.
Fathers, we owe it to our families and children to spend as much quality time as possible. If you are not in the luxurious position of working from 9 to 5 and then being able to walk away from work every day then you owe it to yourself and family to put in small business systems and processes so you can start doing this.
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