A growing business is, undoubtedly, very similar to a growing being. There needs to be time and attention of a high standard fed into the business continuously, which will in turn allow the business owner and directors to reap the full benefits of a healthy, thriving and growing business. Seeing as it is the month of love, we’ve put together a list of ways to ensure you’re upgrading your small business this Valentine’s Day:
Harmony between your work life and personal life
Reducing personal stress is one of the best methods to become a more responsive and present business owner. Running a business is difficult, and the reality is that a lot of business owners spend so much time investing their energy into their growing business that they forget to take a moment or two to fill their personal cup. As said by Jeffery Bezos, “If I am happy at home, I come into the office with tremendous energy, and if I am happy at work, I come home with tremendous energy.”
How to improve your work-life balance:
Get enough rest – Burnout is a scary reality for a lot of business owners, and failing to prioritize rest can not only lead to burnout but other health problems too, which as a business owner could lead to costly repercussions.
Don’t overcrowd your diary – Often, a busy diary is associated to being successful, however, a busy diary also means minimal time to give to things like strategising, checking in with your employees and doing the simple day-to-day tasks that are essential to a growing business.
Setting goals in the workplace and at home – As important as it is to set and work for your goals in the workplace, it’s equally important to have goals set at home too. This way, you’re able to ensure that you’re feeding attention and effort into all aspects of your life, adding to building a healthy work-life balance.
Also read: How To Build A Sustainable Business
Invest in your employees
“Happier employees are more engaged” says an article posted on Survey Monkey. It’s always important to acknowledge and show your appreciation to those who help keep your business running smoothly, whether it’s through a simple thank-you email to acknowledge their efforts, a weekly or monthly team activity or a structured bonus incentive program, a little love given to your employees goes a long way.
Expand your knowledge
You should never stop learning if you want to succeed as a business owner. Sometimes the best thing you can do for not only your business but your staff too, is to continually work on improving yourself. Improving your knowledge is also a great way to network, and opens up doors to recruiting amazing employees, while also increasing awareness around what your business has to offer. Whether that be through attending seminars, listening to podcasts on business, or improving on your mental health, actively working to know more and improve is essential for even the most successful of businesses.
Apply for Additional Business Funding
You may not feel like you need it, but even the most successful of businesses will apply for additional business funding to ensure that their business continues to grow and flourish in all areas. Fast, small business funding will allow you to action things like product development, expanding your team, increasing product quantity to meet demand, outsource necessary services, expand your business physically, giving your business its long-overdue facelift and more, and you would be able to do it without placing unnecessary pressure on your set budget.
Whether it’s applying for fast additional business funding, showing your employees some love to increase office morale, taking a close look at your work-life balance or taking some time to increase your knowledge and better yourself as a business owner, the month of love is the perfect time to do so!
How To Qualify for Same-Day Business Funding
Looking for fast, small business funding? In order to qualify with us your business needs to be CIPC registered for over 6 months, have a minimum monthly turnover of R35 000, and utilise a business bank account. Apply now and get access to same-day business funding of up to R3 million in under 24 hours : Apply here.