Is your business holiday ready?

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How do you cope with running your business, while still being able to take a well needed break this Christmas.  Many business owners forgo holidays in order to keep their businesses running smoothly.  While there may never be a good time to take a holiday when you’re the boss, time out can definitely benefit your business.  We share some quick tips for you to consider;

  1. TIME TO REFLECT – Taking time out will give you a much-needed opportunity to plan and reflect on the business.  Down time is crucial not just for family life but for fuelling business growth –  some of the best ideas come from lying on a beach somewhere and not thinking about work.  Taking a break allows you to shift the way you think from ‘problem-solving’ to ‘dream-building’, focusing energy and resources on what we want instead of putting out fires.

  2. BOOSTING YOUR TEAMS CONFIDENCE – Handing over the reigns to take a holiday can also boost your team, and it’s a mistake to assume they can’t cope without you.  If, after years of operation, you can’t leave your business alone then you’re doing something wrong.  It’s empowering for your team to know that they’re trusted to make the right decisions – without you ringing in every day to see what everyone’s up to – and it’s great to see the business carry on as normal when you’re not there. That’s a good measure of a successful business.

  3. PLANNING IS THE KEY – Do you have documented systems in place that your team can refer to?  A system is the process that ensures an outcome can be replicated at the highest standard by anyone, at anytime, in the easiest and quickest way consistently.  Systems run a business , while people run the systems, so make sure your team are all on the same page.

  4. THE USE OF AUTOMATION – Automating key tasks gives you the confidence to step away from your desk without worrying about work piling up while you’re away.  Set up automatic email responders, schedule social media posts to keep your marketing on track. You can also set up email reminders to chase outstanding invoices while you’re away.

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Inspiration often strikes when we give our minds time to think about nothing, so a holiday is a vital opportunity to break the ties to your working life.

Contact our team of professionals on (03) 9744 7144 to get your business holiday ready.

 

General advice disclaimer – General advice warning: The advice provided is general advice only as, in preparing it we did not take into account your investment objectives, financial situation or particular needs. Before making an investment decision on the basis of this advice, you should consider how appropriate the advice is to your particular investment needs, and objectives. You should also consider the relevant Product Disclosure Statement before making any decision relating to a financial product.
Talk to our team of professionals to get your business holiday ready.

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