Business Owner Newsletter - Page 28

This month we gave you things to consider "while you are away" so your business continues as smoothly as possible. By having a plan in place for a vacation or emergency, you will return from your absence stress-free and without putting undue stress on your employees.

Quote: "The person who owns the business doesn't truly know how to build a company that works without him or her - which is key." Michael Gerber

It all started with a book.  The E-Myth Revisited:  Why Most Small Businesses Don't Work and What to Do About It by Michael Gerber was the catalyst behind the business we know today as Benchmark Business Group.  In close collaboration with Michael Gerber, Bob and Susan Clements set out to design a prototype E-Myth Coaching Center, hiring, training, and mentoring business coaches.

It all started with a book.  The E-Myth Revisited:  Why Most Small Businesses Don't Work and What to Do About It by Michael Gerber was the catalyst behind the business we know today as Benchmark Business Group.  In close collaboration with Michael Gerber, Bob and Susan Clements set out to design a prototype E-Myth Coaching Center, hiring, training, and mentoring business coaches.

It all started with a book.  The E-Myth Revisited:  Why Most Small Businesses Don't Work and What to Do About It by Michael Gerber was the catalyst behind the business we know today as Benchmark Business Group.  In close collaboration with Michael Gerber, Bob and Susan Clements set out to design a prototype E-Myth Coaching Center, hiring, training, and mentoring business coaches.

Last week we showed you the need to have a Quick Reference Guide (QRG) for your business. This week's focus on "while you are away" is how to make sure each staff member has clarity on what they own within their role in your business.

We see it again and again; business owners rarely take a vacation or planned time away from their business. They are drawn to the fact that the business will explode or implode in their absence. How can you leave when you (or another key person on your team) are the one who keeps the business together?

Last week we focused on internal solutions to capacity issues other than hiring. This week we're going to look at external solutions. 

In the last few weeks, we've encouraged you to study your capacity and the division of work in your business. As we've noted, the knee-jerk reaction for many businesses when things start to get busy is to hire, but it's not always the only solution. Below are a few internal solutions that can sometimes prevent the need to hire.

Last week, we asked you to start digging into why you think you need to hire by looking at the true problem.  This week, continue to get clarity around the problem your business has, which is capacity, by looking at the functions of your business by position.