3 Ways You're Making Business Harder Than It Needs To Be
A lot of the new business owners we have been working with lately seem to be experiencing a certain level of stress & overwhelm after a busy 2021. Being a business owner certainly has its difficult days, but sometimes we make things harder than they need to be.
Let's take a look at ways you're making business harder than it needs to be...
YOU’RE NOT AUTOMATING
All too often we see clients focusing on "busy work"... you know, the tasks that seem productive but in the long run cost a lot of time and effort? This leads to them being overworked, stressed & run down.
Instead, you should focus on creating systems and automations that do the work for you!
Here are some of our favourite ways:
Scheduling recurring invoices to go out automatically through a system like Xero
Setting up automatic payments for recurring bills
Using an app such as HubDoc to upload and track all of your receipts, so you don't have to spend hours compiling them come tax time
Automating your onboarding process using applications like Zapier, Trello, Jotform and Converkit so that you don't have to manually do it for each new client
YOU'RE TRYING TO DO IT ALONE
As business owners, we've found it so helpful to remember that you don't need to do everything yourself. In act, doing so can be detrimental to the success of your business!
If you want to grow your business, you NEED to start outsourcing tasks that are not your speciality and take up too much of your precious time. It can be scary, but it is pivotal to the growth of your business!
Here are some tasks you could outsource:
bookkeeping & payroll
accounting
social media
customer service
graphic design
admin
YOU'RE SEEKING PERFECTION
What's that saying, perfection kills progress? As a business owner, it can be easy to get caught up in the desire to perfect every. single. thing!
But the relentless pursuit of perfection can generate unrealistic standards that add unproductive time to projects and prevent you from ever delivering on goals. You need to let go a little, for the sake of your business and the health of your mind!
At Iron Advisory, we help ambitious business owners become more profitable and create the lifestyle of their dreams! Not only are we qualified accountants and advisers, but fellow business owners. We’ve built our consulting practice and gym wear brand from inception to a 6 figure turnover, and we want to help you do the same. You can book a free and no-obligation consultation with us here.