Tips To Help Women Business Owners Focus On Growth
Houston Advice for Women Entrepreneurs
1. - Set goals for growth. - If you don’t have goals, then you probably don’t have much of a plan either.
Setting realistic goals for where you want your business to be next quarter and next year allows you to build a plan to get there. This kind of planning can help keep a business looking toward the future, instead of focusing on daily operations and the next deadline.
While it means work upfront, planning can really be less work over the long term. “Improvisation, as opposed to planning, really multiplies the level of effort. And having goals and a plan to accomplish them also helps get rid of a lot of anxiety for business owners,” Ana observes.
2. - Hire when you need help. - If you’re considering hiring, two simple questions can provide a good place to start. First, who can do a significant portion of what you’re doing, and do it well? Second, who can perform the tasks you’re not qualified to handle? Commenting on the second question, Ana suggests, “Get an accountant as soon as you can. You might be fantastic at what you do, but if you’re not an accountant, you need to get one. An accountant is an incredible first hire for a business.”
3. - Build in accountability. - Many times, small business owners get caught up in serving clients and unwittingly neglect their own interests on some level. To maintain a focus on your own business, Ana recommends being accountable to someone for your goals. “You need a mentor, counselor or a board someone you can turn to every quarter and say, ‘this is how my business is doing.’ It’s always a good idea to have someone ‘check your homework,’ so to speak.” Having an advisor or mentors can help you see beyond daily operations and focus on the goals that will keep your business growing.
Source: AmericanExpress
Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.
Houston Advice for Women Entrepreneurs.
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