Not another “staycation”!

July 18, 2021

With more of my clients (finally) going out of town on a vacation instead of the “stayations” of 2020, they are taking an opportunity to separate from their business.  This is not only well-deserved, but it is also necessary.  As owners, work-life balance is crucial; it is too easy to eat, sleep and breathe your business at the expense of quality time with your family.

In order to go away with peace of mind, there are three things that need to be in place for the business owner to successfully disconnect from their business.

  1. Picking the right time.  There are many factors that go into deciding when to go away, and your business should be one of them.  Going away when payroll needs to be processed, or a new hire is coming on board is not the best time.  If there are things only you can do for your business on the schedule, pick a different time to go away.
  2. Delegate.  Being able to have a right-hand person in your business that you trust to do things you usually do when you are away is crucial.  It is not unusual to depend on a few different people in these cases: delegate your payroll to your bookkeeper, and have your new employee oriented by a trusted manager.
  3. Use the technology available to you. Unless you still use Excel, most bookkeeping applications have automation that can process your bills, send out your invoices and even process your payroll automatically.  By automating these functions, there are fewer tasks that need to be actioned, giving you more time to head out of town with your family.

Now put down the laptop and join the kids in the pool!

 

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