Monthly Archives: July 2015

YOU: Taking Care Of Your Biggest Asset

Aside from the daily operations that business-owners and entrepreneurs need to handle, there are a lot of things that can interfere with the overall health and stability of your enterprise.  What this post will focus on are the business-related things that can affect you —you— personally: these are things like stress, balance, health, burn-out, and time-management.  We’ll also discuss support strategies that can help you handle these issues you and your business will gain from the positive effects.

Take care of your health.
In the start-up stage of a new business, you can easily be  pulled into a whirlwind of planning, adjusting and execution. It’s exciting. It’s challenging, and it definitely stretches your boundaries.  Once you get used to it, it can become a habit , even when the business has stabilized and is doing well.

This habit  can also let you lose sight of taking care of your own physical health as you spend the majority of your time and energy focusing on the business, and that’s a mistake you cannot afford to let slide.

If you don’t take care to rest, encourage, and replenish your reserves, the stress and exhaustion can affect your reaction time, your judgment, and the clarity you need to make good decisions. If you keep tiring yourself out, you will eventually run yourself down, and that’s not good for anyone.

Being and keeping in robust physical health enables you to stay sharp and focused, able to bear the strain longer and recover from stressful events faster, and gives you the  stamina to keep running the business. You need a clear head and a healthy attitude to lead, to work, and to carry out your vision. A healthy body helps you in keeping both. Without health, your business will be a poor consolation, and an even poorer substitute.

You are, ultimately, your best investment. The business is  an extension of you, but it’s not you, understand? Take care of  your health.

Don’t let business demands turn you into a pod-person.
It’s very easy to slide into workaholism without really noticing. A small emergency here, a  little dispute there…from putting out small fires you can slip into the mindset of 24/7 vigilance, and let the business take over all of your time. What happens next? Continue reading YOU: Taking Care Of Your Biggest Asset

For The Worst-case Scenario: Do You Have An Ops Manual?

Have you ever thought of what would happen to your business if you were suddenly taken out of the picture? And that morbid thought doesn’t even touch yet on what would happen to your family.

Not to be a drag, but part of business continuity planning is thinking of worst-case scenarios so back-up plans can be established, and well,  the sudden loss of the business owner certainly qualifies.

That’s where a well-thought out operations manual — the combination detailed instruction manual and Bible of your business– is priceless.

The ops manual can help keep the foundation, processes, work and structure of the business steady and strong even without you. On a much brighter note, if your business grows so successful that you can sell it,  the ops manual would still be an integral part of your business’s success, and a necessary component of the transfer. And if you need a vacation, or have to take on a sudden trip to the hospital, the people left in your stead can readily cover for your unavoidable absence.

An operations manual simply explains how your business works.
It details all the aspects of the business (operations, finances, production, etc.) as well as covers the information that’s needed to make it– and keep it– running smoothly. Even the details like the account numbers for utilities, or contact numbers for your  CPA, or lawyers, and your suppliers, etc. The ops manual is a controlled, concise data-dump of every detail of your business.  The business is your baby, the ops manual is your guide to taking care of that baby.
Continue reading For The Worst-case Scenario: Do You Have An Ops Manual?