Don’t Suffer From Business One Man Band Syndrome

The ‘business one man band syndrome’ is a terrible thing to affect a business owner — it makes them do crazy things like try to take on and run everything involved with their business. If you are a business owner and have been struck with this ill-fait, you must remember that your business is a not a one man or one woman band (it’s probably not even a band), so why haven’t you started to hire, delegate and use services to help your business succeed? The only way to cure this syndrome is to do so — below are a few ways treatments you can take.

Hire

Surrounding yourself with as much professional personnel as possible is a sure fire way to help your business succeed. Getting qualified and trained workers in, such as accountants, financial advisers and lawyers will mean that you don’t have to spend what feels like 30 hours a day doing everything. You won’t have to deal with financial issues, such as paying staff or hunting down invoices that are yet to be paid by customers, and you won’t have to deal with that customer that is trying their luck by suing you for, because your crack team of experts will do it all for you.

Delegate

Hiring more staff, and not just those that working in professional positions, means that you can delegate more work around easily, meaning that productivity is likely to rise. You can delegate odd-jobs that need doing to staff, especially those that are contracted, in order to cut down on the costs of bringing someone else in. For instance, you could ask a member of staff to give the windows a good and sufficient clean, rather than get a window cleaner in to do the job for you. Make sure to check out tips on how best to successfully delegate.

Use Services

However, it always a good idea to bring in outside services to do a job for you, especially when the job in question is such a complex one. For instance, a managed IT services team should be sought in order to make sure that your IT hardware and network are watched out for a protected. Visit https://www.itworks.us.com to find a team that will allow you to go about your own business rather than having website worries or having to worry about IT. Another example of using outside services and businesses to better your own business is those that deal with factoring (the transaction of invoices to factors in exchange for funds). If you want regulate your cash-flow and keep it moving steadily, but are waiting on a customer’s invoice and payment to help you do so, then using a factoring service will allow you do so instantly as they will pay you for the invoice, and then take it upon themselves to collect it from the customer. You can compare the best invoice factoring companies here.

Having completely control of your business is just no feasible, and containing to suffer from ‘business one man band’ syndrome and refusing to ask for help will sooner rather than later mean the demise of your business. Unless you’re Dick Van Dyke in Mary Poppins, you can’t possibly be a one-man-band, so don’t even attempt it — especially not in the world of business.