Running a business isn’t easy – this is no surprise. Many of those who chose the entrepreneurial path aren’t doing so because it’s an easy life, but because they’re looking for a challenge they can face on their own terms. It’s all too easy to spread yourself too thin as a business owner, especially early on when you don’t have much executive support. A business demands all sorts of expertise and high level decision making, and trying to become every kind of expert your business needs is a road to burnout. Fortunately, help is available.
Today we’re looking at some of the resources that are available to ease the burden on the modern business owner.
Planning for the Future
It’s wise as a business owner to keep one eye on the horizon, and make sure the immediate-term decisions you’re making day to day play into your long term strategy for the business. Devising that strategy, ensuring you’re working towards it, and checking it against the evolving reality of the marketplace is a lot of work though, and it’s easy to become swamped by the immediate problems in front of you – and not unreasonably! If your business fails tomorrow, then your ten year plan doesn’t matter!
This is one area where help is available. Strategy Consultants can help you devise and work towards a long term strategy for your business, right from the early days. This takes the stress of watching the horizon off you – at least until you’ve grown enough and hired trusted high level employees to share the responsibility of the day to day running of the business. If you’re looking for a business growth consultant, London is a good place to start if you’re in the central or south of the country – it hosts a high concentration of agencies and traders to suit anyone’s needs and budget.
One area that is often neglected in small businesses – especially startups, with their small, passionate teams – is Human Resources. Far from simply approving holiday time, HR is a vital backbone for any organisation, ensuring everyone is pulling in the same direction, dealing with disputes and most importantly making sure employees are challenged and developed. One of the big risks of insufficient HR presence is a high employee turnover.
It’s a lot to take on yourself, and in the early days your business likely can’t support even a part time HR person. Fortunately consultants are active in this sphere, and can parachute in to help you set up systems that will take care of your HR responsibilities effectively until such time as you can justify your own hires.