Tips To Help Women Business Owners Focus On Growth
Houston Business Consulting for Women Entrepreneurs
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.
Hire when you need help - Making the decision to hire your first employee is a big step. Unfortunately for many women business owners, it’s also a step that often comes too late. If you’re consumed by everyday operations, you can’t properly pursue new opportunities to grow your business. Consider how much of your time is dedicated to operations and how much is devoted to growth.
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, “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.”
Build in accountability - Some people dream of starting a business so they can be their own boss, but in reality, your clients are your boss. “You’re trading one boss for 10 bosses, and not one of those bosses is looking out for your business.”
Source: American Express
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 Business Consulting for Women Entrepreneurs.
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