Are you sabotaging your own business growth?

August 12, 2008 by Matt Eve · Leave a Comment
Filed under: Irish Business Tips 

I was recently speaking to a friend of mine who owns his own ground care business. He is very busy at this time of year with grass and hedge cutting contracts.

We were discussing ways that he could grow and develop his business and we identified a number of areas where he could get a lot of growth in his business.

However we also identified that he is personally doing just about everything in the business himself. From bookkeeping, invoicing, tendering for work and actually doing the ground maintenance he is doing it all.

In doing so he is making more money than he has ever done, but at what price? He is in a very precarious position, if he injures himself or gets sick his business will fold with him.

Do you fall into this trap like other business owners thinking that you have to do everything yourself?

Perhaps you feel that outside help is expensive or won’t do as good a job as you would. In the long run if you want a real business and not just a Job you need to start delegating some of the lower value tasks in your business.
 
This may mean reducing your income slightly in the short term but getting the right systems and processes in place is what is going to allow you to make the jump to a much bigger business in the future. Kind of like short term pain for long term gain.

If you would like us to assess your business and help you determine how you can make more money whilst doing less of the donkey work yourself then please contact us now.

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