Is This YOU?
Are you struggling with managing your business finances – including cash flow, funding, budgeting, and tax compliance? You always seem to be moving from one crisis to another. Never able to relax and viewing the future with a sense of apprehension.
You have difficulty relaxing and find it difficult to delegate since you feel that you are the only one who can deal with everyday problems. Consequently, you are like a hamster in a wheel that is spinning – ever faster. Your lifestyle and loved ones suffer too. You always seem to be working on a multitude of tasks, with never enough hours in the day; and have become a slave to your business which now controls you.
You have stopped being a leader and instead, become an employee. You are working far harder and longer hours than before – always reacting to events, with little control over them. Your strategic business plan, and goals are but a distant memory.
You feel isolated and overwhelmed with no one to turn to. Your efforts to change things have started with good intentions but nothing has really worked; and you turn to unhealthy coping mechanisms to get through each day.
You have a have a limited budget for advertising and marketing, making it difficult to attract new leads, and customers, and stand out from competitors. Finding and keeping skilled and reliable employees is yet another challenge, especially when competing with larger companies for talent.
You find it hard staying up to date with the latest technology. Keeping abreast of the Google algorithms and the latest trend in digital marketing is expensive and time-consuming, so you don’t do it.
You watch your competition with envy, wondering how they manage to be so successful in the marketplace! You wonder how you can grow and scale your business, given the limited resources and expertise. Compliance with government regulations and laws such as GDPR is complex and overwhelming, and just imposes another layer of problems and complexity.
You probably started your business to earn more money, get more freedom and improve your life – but like so many small and medium sized business owners, it is not working out as planned. If you are not careful you are going to end up in the same boat as the 95% of failed businesses! This can lead to a sense of isolation, overwhelm and even desperation. I know because I have been there, and experienced this pain.
To be Continued