Running a business can be incredibly challenging. These challenges are only increased when the business is just getting off the ground or is making its first significant expansion. Therefore, many entrepreneurs or owners of SMBs find themselves continuously absorbed in the daily affairs of their business, and thus lose out on taking time for their personal lives.
Psychologist, doctors and those who run successful businesses all taut the benefits of maintaining a good work-life balance. As such, here is a brief guide on how SMEs can achieve a better work-life balance.
Ensure your technology is as efficient as possible
A great way to reduce the amount of time you spend working on your business is by ensuring that any machines or software used in your daily affairs is as efficient and effective as possible, thereby reducing the amount of time spent working. This applies to everything from analysis software to chip & PIN machines.
Even if a new piece of hardware saves you a few seconds, these seconds will quickly mount up, allowing you more time for your personal pleasures.
Actively timetable ‘off’ periods
For the vast majority of people who run their own businesses, there is a continuous ‘to-do’ list. As such, it may seem like you can never afford to take time off due to the amount of work there is to do. However, you will never get time for your personal life if you do not allocate specific time for yourself.
Schedule some personal time to pursue a hobby, and make sure you stick to this, regardless of the amount of work you have to do.
Additionally, suitable rest periods can actually contribute to higher levels of productivity, more so than working yourself into a state where you’re too tired or stressed to achieve your best results. Therefore, more rest doesn’t necessarily mean less work, it can actually mean the opposite when adjusted into the right work-life balance.
Outsource when possible
Outsourcing tasks can be a great way to save time and money, especially if you are not an expert in that specific area.
By outsourcing, you can be sure that a professional with far greater experience than you will complete the task, often to a higher standard and in a faster time than you could. SMEs can outsource almost everything, from customer service management to payroll analysis, giving you more time to spend relaxing.
We have moved to a new office
Thremhall Park, Bishop’s Stortford. A year of COVID restrictions has given us some time to find the perfect location for [Read more...]
The merchant’s guide to customer loyalty programs
From frequent flyer miles and box top vouchers, to stamp cards and points programs, customer loyalty programs have been around [Read more...]
Re-opening for business after lockdown: An 8-step guide for merchants
With the end of lockdown just around the corner, many merchants are getting ready to re-open their doors and get [Read more...]