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Like most small business owners, at Crunchers, Edinburgh Accountants, there are never enough hours in the day to complete every task on the list.<\/p>\n
Often you\u2019re faced with prioritizing what you need to do right now \u2013 deal with a customer, meet a deadline, attend an event \u2013 and the things you know you should<\/em> do for the ongoing growth of your business.<\/p>\n Scheduling time to attend to these business activities on a regular basis is a great way to get on track for greater success.<\/p>\n It\u2019s not uncommon for business owners to lose touch with how well their business is performing on a day-to-day basis. But an awareness of your real time income and expenses is the key to making better decisions that will nurture growth.<\/p>\n Implement these changes and see the difference they make in your business:<\/p>\n Companies should update their business plan at least once a year, although we recommend looking at this quarterly \u2014sooner if there\u2019s an upcoming change that requires planning, financing, or re-assigning resources (for instance, a product launch, an opportunity to start importing\/exporting, or a new side business).<\/p>\n Many business owners neglect to revise their plans on a regular basis. They end up operating on auto pilot, losing sight of their bigger goals and the steps they planned to take their business to the next level.<\/p>\n The start of a new year is an excellent time to set goals, mark milestones, and start implementing your plans. The timing also lines up nicely with closing out the previous year\u2019s books, so you can plan with your latest annual figures in mind.<\/p>\n It sounds simple, but the self-sufficient, independent nature of many entrepreneurs can make it difficult to get comfortable delegating responsibility. Finding the right people to relieve the burden of doing everything, all the time, is the only way a business can scale and reach its potential.<\/p>\n Think carefully about how you spend your days. Are you still at the point where you want to \u2013 or need to \u2013 do it all? The ultimate success of any company is to reach the point where it can run without you, so you can enjoy a holiday, pass the business on to a family member, or sell it. \u00a0At Crunchers, Accountants Edinburgh<\/strong>, we can help you as a business owner get to this point.<\/p>\n It can take time to find the right people that you can trust to perform their jobs well and continue to grow your business. A recruitment agency can help you craft an attractive job description and recruit so you can focus on strategies that can bring you greater enjoyment and success.<\/p>\n Developing new business habits takes time and commitment \u2013 but the pay off is well worth it! Which of these business habits is most important for you to commit to in January, or even better now?<\/p>\n Crunchers – Accountants Edinburgh<\/em><\/strong><\/p>\n \u00a9 Photo Credit\u00a0Philo Nordlund<\/a><\/strong><\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":"Know your numbers<\/h3>\n
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Update your business plan<\/h3>\n
Hire help<\/h3>\n