Wednesday, October 23, 2013

4 tips on how to sustain and Live it up



2 of 4: Shift from Self-Reliance to Delegation

Being the owner of a small business does not mean that you need to do everything yourself. It’s not always easy for highly driven entrepreneurs to give up the reigns, but it’s critical to grow your business and avoid burnout. As the owner, your job is to run the business, once you start delegating, your business can grow. Hire people, whether a virtual assistant, part-time, or full-time employee, to help you take care of the busy work or the tasks you hate.

Another important aspect of a successful small business is the accounting side of things. Outsource complex issues to specialists; find an excellent accountant to help in the proper setting up of system,bookkeeping, filing of taxes and other paper works. You should no longer dedicate significant chunks of your valuable time to become an expert in accounting or tax laws, rather stay focused on core strategic, revenue-producing activities.


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