SMALL BUSINESS SUMMER PLANNING

SMALL BUSINESS SUMMER PLANNING

While for many people the summer is spent outside enjoying the sunshine, for small business owners it’s a crucial time for your business.

The life of a small business owner is very different to that of a boss of a large organization. If you happen to be in the earlier years of business and either work alone or with a small group of employees, you’ll have plenty to do.

That means summertime — which is often hectic for many businesses — is the time to capitalize on what has the potential to be a very lucrative season.

Here are a few tips to keep you on top of a busy workload and help your business to prosper this summer.

1. DELEGATE

As your company grows and the number of employees increases, you’ll have more opportunities to delegate tasks and responsibility.

Doing so allows you to focus your efforts on the more important aspects of running a business and stand a much better chance of having a productive summer. It also frees up a lot of your time to seek out new business opportunities that you previously wouldn’t have had time to consider.

You also have to consider the benefit it has on your employees. Being trusted with more responsibility not only helps them to grow as professionals but also improves morale by showing their hard work has been recognised.

2. HIRE A SMALL BUSINESS ACCOUNTANT

If you have already hired a small business accountant, then you’re one step ahead. Good job! Doing so puts your finances in the capable hands of a professional who specializes in small business finance and accounting for freelancers.

This means that they’ll be familiar will many of the day-to-day issues that small businesses face, and be able to give you valuable advice for the future.

Hiring a small business accountant to maintain and organize your finances throughout the summer is one less (extremely time-consuming) job for you to do.

It’s not for a while yet, but you’ll appreciate the professional help when the deadline is looming.

3. DON’T NEGLECT YOUR PERSONAL LIFE

Although it’s essential to spend a lot of time building and maintaining a successful company, you should never disregard your personal life in the process. Working your fingers to the bone for a successful career is an admirable ambition, but you should always make time for family, friends, and yourself.

A healthy balance of work and your personal life is essential to maintain a positive mindset and sense of happiness. As the owner of a business, you’ll be the one employees look to for guidance and a morale boost. If you’re run down from long hours and minimal rest, it will have an impact on your ability as a leader, which could cause serious problems for your business.

4. WRITE SEASONAL BLOG CONTENT

Every small business in the digital age should have a website. Without one, you’re allowing your rivals to enjoy the benefits of being online while you stagnate. So you have a website, fantastic — but do you have a blog?

Writing a blog has become much more than a platform to rant, rave, and talk about your favorite TV show. It’s now an efficient and productive way to engage your target audience, improve your website’s SEO, and market your business.

With summer almost in full swing, it’s an ideal opportunity for seasonal content. No matter what industry your business is in, there will be ways to incorporate a summer theme into your blog posts.

Covering upcoming summer events, deals you may have running, or writing engaging pieces that discuss new trends in your company’s sector — they can all provide great angles for written content and reasons for customers to visit your site.

As a small business owner, you should also have social media accounts on various platforms. If you don’t, you’re missing out on an abundance of business opportunities.

For some businesses, the summertime is the busiest time of the year, whereas for others things tend to slow down. The tips listed above will be helpful for your business in both cases.

Call Williams & Kunkel CPA today in Flower Mound at 972-446-1040 to have a chat about your small business health. 

In addition, you can connect with us to receive updates throughout the business week by following us on Twitter or LinkedIn or liking us on Facebook

Source: Minute Hack


Tony Rimon

Mortgage Broker | Home Loan Broker | Commercial Loans | Business Loans | Car Finance | Equipment Finance

6y

You've managed to cover a good range of insights there Beth, thank you for sharing.

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