As a business owner it is crucial you have a good understanding of all areas of your business.
Many business owners are great at providing their product or service, but struggle with some of the essentials of running their businesses.
Whether it is marketing and sales or finance and HR a lack of understanding in any of these key areas can severely affect the long term success of any business.
It is vital, therefore, that if you are not expert in any of these areas that you either get training to bring you up to speed, or that you have professional advise to help steer you in the right direction.
It is surprising, therefore, how few professionals use other professionals in the areas they don’t cover themselves; even though they expect people to respect their profession they don’t return the favour.
For example, some of the worst websites I have come across belong to accountants; as they have often been put together by the accountants themselves. Although they rely on selling their skills and expertise to make a living, they don’t value the skills and expertise of other professionals enough to employ them.
I firmly believe that whatever the job, if you want a professional job done – employ a professional. Although it may cost you more in the short term, it will almost always be the most cost effective solution in the long term.
I am so excited because we now have TWO Billy No Mates events lined up for this year.
Not only do we have our usual Wells event at Beah (21st December) but now have Billy No Mates 2 which will be at Camberley Heath Golf Club (on the same day).
For the uninitiated who may wonder what a Billy No Mates event is let me clarify:
If you work on your own or with just one other you are a Billy No Mates (sorry but there you are!). As you don’t have anyone with whom to have a traditional Christmas party we thought it would be a great idea bring fellow No Maters together and have a wonderful Christmas party!
For more information and to book please go to www.billynomates.info
See you there
We are all busy but I have found if I take a little time out of each working day for myself, I am not only better focussed but I am more creative too.
You may argue that an accountant (whatever the type) doesn’t need much creativity (others may argue that’s all we need!) and it is true that we have rules and best practice – however, we also need to be creative when it comes to great solutions for our customers.
Funnily enough I have my best ideas when I am doing some form of exercise. Whether it be jumping around my living room doing aerobics, or tromping over the Mendips, my mind is free from the humdrum.
I don’t believe I would be as effective at seeing the bigger picture for my clients if I did not take time out from the detail. This means being in a state of mind to receive ideas and, for me, that happens when I am NOT at my desk.
It took me a little time to allow myself not to be ‘present’ in my office for eight hours each day. It was a hang up from working in big corporate companies where it is assumed productivity is directly related to the time you spend at your desk.
As I now run my own business it is for me to say under what conditions I will deliver the best results. It’s taken time but I now understand that certain environments are better than others for creating the results we need. Now I am much more confident in going my own way – even if it does not appear to the outside world much like ‘work’.
Why not let yourself off the hook a little too and see where it takes you!