Small business ownership is a challenging yet hugely rewarding endeavor. A small business is also highly competitive and risky, with one in five small businesses folding after only a year and only 50% still trading after five years. These are humbling figures when you start your own business, but you can mitigate these risks with smart business practice.
Wouldn’t it be great if each workday was filled with hours and hours of productivity? In reality, most days are filled with nothing but distractions.
Key Performance Indicators or KPI’s are often used to assess how organizations are progressing towards meeting key goals. You can use KPI’s for your business as well as your employees. If you aren’t making the progress you need, or you hit a plateau, mid-course corrections can be applied to change the outcome.
Every leader, no matter the size of the organization, loves the idea of having an assistant. You cherish having the time to be able to focus on the essential facets of the business. Once you have a virtual assistant, though, it is time to delegate. You need to delegate tasks to him or her in ways they can feel valued and contribute while helping you at the same time.
Going remote seems to be the trending theme for businesses over the past decade. Since 2012, the number of remote workers has increased exponentially.
Roughly 43% of employed Americans today say they work remotely at least some of the time. And we find more Americans today telecommuting for longer periods of time.
However, some companies are still holding on to outdated 9-5 work schedules and even have a department filled with full-time workers.
As with most things, there is a right and a wrong way to approach the hiring process when it comes to a virtual assistant (VA), so what steps should you avoid and which ones are important? Having a virtual assistant may feel a little too fancy pants for most people, but the truth is they offer an invaluable service to just about any business person or entrepreneur. Today, most companies function at least partially online, so it makes sense to shift some duties to a virtual assistant as well.
Where do you spend the bulk of your day? Is it responding to e-mails, following up with clients, or curating your social media? Tasks like these have little to do with your work, but they take up bits and pieces of your day. You may not notice as it's happening until you realize it's 6 p.m. and you barely made a dent in your to-do list.
As an Entrepreneur, you are a Risk-taker. We understand your desire to change the world around you. You want to be on top of every effort in your business and manage every task that’s put in your way. You are a superhero that hardly ever sleeps but continually dreams of a satisfactory journey of entrepreneurial success.
If you recently hired a virtual assistant you maybe eager to get started and providing them with assignments. However, if you do not take the appropriate initial steps to set up your virtual assistant for success, you can quickly run into a number of issues. Continue reading to learn more about the benefits of investing in your virtual assistant from the beginning.
When you have a lot of things to do it’s really common to take some notes so you don’t forget any details and that’s one of the reasons why having an agenda is so useful. Writing everything you have to do in your agenda will help you organize your ideas, however, a whole page filled with pending things from top to bottom could make you feel frustrated, stressed or even worried.