Let’s be honest: many small businesses do not have more than one worker. It’s about micro businesses. At the most, they have another employee, perhaps a family member. It is normal, for example, in small businesses that are born on the Internet as an entrepreneurial project with little capital, for example an online store that does not have a physical store, or an entrepreneur that sells professional services.
But there are also many neighborhood micro-businesses, liberal professionals who only have an office and a desk. In such cases, there is an advantage to the management of the business: the tasks are much simpler and we usually try to keep it going.
Here we come up with the 7 pro tips for the small business owners to help them in their management of a business and uplifting the startup for future growth.
How do you manage to manage a microenterprise?
If we have previously worked for a medium-sized company, and have never undertaken, it is normal to manage a company alone is difficult for us. We are going to give you a series of tips that can be useful to manage your microenterprise.
1. Simplify not to take more work than necessary
The first thing is to be clear that you cannot do everything yourself. You are your best asset and your best employee. You need to simplify, automate and do things fast so you can keep doing other things.
For example, if you are going to manage invoices yourself, use an online billing program to help you make it easier.
2. Delegate tasks to other professionals
Even if you cannot keep more workers, that does not mean you have to take on all the tasks. There are jobs that can be entrusted to freelancers or other companies. For example, you can leave accounting in the hands of an accounting manager, hire a web designer to make your page, a community manager, etc.
3. be very organized
Another key point that the manager of a microenterprise must have is to be very organized. You do not have to go to jump to death, but plan every day what you are going to do and avoid distractions. You must assume the tasks that correspond to you, but do them following a planning and a program oriented to achieve good results. That implies a work discipline to be able to efficiently execute the tasks that you are going to assume. Also, keep in mind that you will also be the only and main strategist of your business.
4. Do not leave out the training
Someone who undertakes alone must be up to date. There are many tasks that you will have to do because you cannot assume the cost of delegating them. You can do them, but you will have to learn. Do not be afraid to document and learn. There are lots of blogs, video tutorials and pages that teach you tasks that anyone with a minimum of basic knowledge in computer management can develop.
5. Create some rules for your business
An entrepreneur must be true to his principles. For example, if to develop a job, you need to pay 50% in advance, or leave a signal, you must maintain that principle. Those rules that you design, have to obey a logical reason. Have more liquidity, make sure you are going to receive the payment, etc. The same thing when it comes to charging debtors: you have to have a system, send periodic notices and keep an exhaustive control of the invoices that you have not charged through your billing software.
6. Sales are the engine of your business
There are many small entrepreneurs who assume a series of tasks that are not focused on sustaining your company. They devote 50% of their time to routine tasks of administration, product management, answering e-mails and making calls, etc. Everything is important, but if most of your time is destined to aspects that do not generate income for themselves, your business will sink. The marketing and sales area should be the priority of every entrepreneur: your current customers and the new ones you want to achieve.
7. Learn about the legal aspects
The other problem with which many small entrepreneurs and entrepreneurs are alone, as is logical, is that they do not know the legal aspects. When do I have to pay VAT? How to fill in the annual VAT summaries? When and how to pay the Corporation Tax? These are questions that can be solved by a tax advisor, the Treasury itself or that you can find on the Internet, doing a little research. Although with care, since the regulations change and not all the information on legal issues that you find will be updated.
In short, managing a small business when you do it alone requires paying attention to a number of essential points. Many of these things you could simply delegate if you had more employees, but since it is not, try to prioritize, simplify and inform yourself to get your business to continue growing and move forward.
Do you have a microenterprise? Are you considering these tips to manage your small business?