For most online business owners, having a business that is starting to take off is a good “problem” to have. The fact is that company growth can happen much quicker than you think. If an entrepreneur is ill prepared to handle the onslaught of potential revenue, the results can cause the growth of the operation to stop, or even regress!
A small, online business is frequently owned and operated by a “solopreneur”. This one person “show” is one of the attractions of running an Internet company. Basically, an individual can operate all facets of their operation, sitting in front of their computer.
In fact, during the initial stages of the business, it is often ADVISABLE for an individual to run the business themselves. By running the business themselves, they learn and master all the skills required to make it successful. It is often time consuming, but beneficial. At some point, however, as the business grows, the tasks become too complex and overwhelming for one person to handle them. It is IMPERATIVE that the entrepreneur PREPARE for this growth.
How?
By taking a focused period of time to write their job description. That’s right, sit down with “Notepad” open on your computer, and right down EVERYTHING you do for the company. Next, take a look at these activities and determine which are the most important to the priorities of the business.
As you scrutinize the activities, determine which activities are least important to the priorities of the business, and might even be described as “busy” work. NOW is the time to find others to do these types of activities. By doing so, the business owner has the available time to take care of the critical activities, while also attending to lesser activities. These online business tips will help you successfully run your business, instead of your business running you!
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