Sunday, September 23, 2012

The Art Of Small Business Management


The Art Of Small Business Management


Running a small business isn't always easy, but it's certainly something that can be extremely rewarding. When you started your own business, you may have had a dream of working in a particular way. Have your feelings been altered over the course of time?

Many people start out from their own home, or working from relatively small premises. There are hopes and expectations of being successful, but there may not be the realisation that such success will inevitably mean that they will end up spending more time dealing with staff members and other employment issues.

That switch from being the only person within the business, to being an employer of others, can come as something of a shock. It certainly seems to me that individuals tend to have different views about the ways in which they should look to approach working life. It's fair to say that some people don't appear to have a fantastic work ethic.

As the scale of the organisation changes, you may also find that conflicts start to arise. It's tempting to think that it should be possible to avoid such conflicts, but it's more realistic to consider how you will deal with them when they arise. Should you, for example, look to make use of external experts?

These are the sort of decisions that you'll need to get to grips with. Increasingly, it becomes clear that a growing business relies heavily on the ability of the owner to manage people and expectations. Do you have a clear vision that others will be happy to follow? Do you also have the ability to understand the problems that other people face?

In some senses, you may feel that nothing has been able to prepare you for the challenges that you now face. There can be no doubt that this is a situation that is quite unlike any other. The nature of the environment means that there's an expectation that you should be able to handle a variety of tasks.

What this means is that you also need to think about your own time management. There are clearly only a limited number of hours within any day and part of the battle here involves trying to ensure that you are as productive as possible. You simply can't be expected to complete every task.

Realising that you need help is likely to be one of the first steps on the road to success. This may involve considering delegation within your own organisation, or looking to external sources of help. There are various ways of dealing with these challenges and you'll need to strike the right balance.

Managing a small business can be complicated, but you have the tools that you need in order to succeed.

By: Simon Barnett

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