Health and Wellbeing
Maintaining a healthy lifestyle while running a business can be far more difficult than it seems. Learn how to create a work-life balance and health and wellbeing best practices for small business owners.
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Assess and mitigate the various risks your business faces from a legal, finance and marketing perspective.
Plan how your business can prepare for and continue to operate after a serious incident or crisis.
Review where your business currently is and develop a plan of action to achieve your long-term business goals.
Assess the market-fit of your product or service against your competitors and the supply demand to see where your business sits.
Unlock your potential to help you grow your business
Track, analyse and improve the performance of your process, employees or your entire business.
Maximise your time management and increase productivity levels across your whole business.
Improve efficiency and remove any roadblocks in your organisational structure, process, systems and workflow.
Business coaches can steer your business in the right direction for short and long-term growth.
Conduct an audit of your marketing strategies, objectives and campaigns to identify which areas can be improved.
Audit your finances to identify leakages, cost saving opportunities and new revenue streams.
Unlock your full potential as a business owner to achieve your long-term business goals.
Find out how healthy your business is. Learn what you’re doing well, what you can improve and whether your business can go the distance.
Produce a viable, strategic and realistic business plan that will set you up for success.
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Hitesh Mohanlal, Director at WOW! Advisors & Business Accountants
Hi Jeff. Cannot agree more. When working with clients we always get the best when we are actually away from the business without work disruption.
A big thank you to Tracey Loubser for her initial article on this topic! Depression. Stress. Anxiety. Restless nights. Irritability. These, and much more, are common things that many entrepreneurs...
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Jef Lippiatt, Owner at Startup Chucktown
This is definitely helpful. Thanks for posting it.
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Tracey Loubser#QueenOfCashflow at Confident Cashflows
Absolutely - the key is to talk to those you trust instead of bottling it up. Thanks for your participation Jef!
I'm curious what goes through your mind after you've achieved so much. How did you figure out what was next and what you were going to do with yourself?
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Deborah Vella at Support Legal
Rather than the sale of my business, I made a lifestyle choice to start a business. Building up a business that I can work around my family was my lifestyle choice.
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Maintaining a healthy lifestyle while founding and running a business can be far more difficult than it seems. Culturally we are given a picture of business ownership as self-determining, flexible and lucrative, and while it can be all of those things and more, it is also stressful, time consuming and difficult.
Many business owners start their own businesses in order to take control of their time and their life, only to see their businesses become their life. While this is natural and sometimes necessary (especially in crucial periods and busy times) it is equally important to maintain balance to ensure you don’t burn out.
Life cannot be all work and no play. While the early stages of a new business are incredibly demanding and will require sacrifices, it is still important to set aside time for rest and relaxation, for family, for leisure and for pursuing hobbies. While in times of stress these activities might feel wasteful and may produce anxiety, it’s vital that business owners learn to put down the tools and let go on a regular basis. Of course, this is easier said than done.
The best way to ensure that you are maintaining a healthy balance in your life is to manage your time effectively. This means understanding how long work tasks will take and setting aside ample time to do those tasks, without procrastinating. This allows you to also set aside time for a family dinner or a night out with friends, safe in the knowledge that sufficient work time has already been allocated. Failing to create an effective time management system will result in either overwork leading to stress, or procrastination leading to low productivity. In the long run, both can be fatal to your business.
At SavvySME we are dedicated to providing the knowledge and connections necessary to help your business succeed, but we also understand that a successful business is a means to an end. Owning your own successful business makes you financially independent and self-determining, allowing you to take advantage of everything the world has to offer outside of work.
As an employee you are confined to set working hours, you have a fixed amount of holiday and you are often not in control of your working arrangement. As a business owner, the only consideration is practicality. As long as you can deliver your products and services and manage your business effectively, nothing else matters. Business owners are often able to work from home, or work remotely while travelling, which means they have more options when it comes to their lifestyle.
As a business owner, you are also in charge of delegation. While it will raise your costs and lower your bottom line, it is almost always possible to hire a member of staff or an outside contractor to take over responsibilities that have traditionally fallen on you. This has two positive effects - firstly, it allows you to take control of your lifestyle and use your business to empower you and enrich your life, and secondly, it allows you to focus on business development, networking and leadership, rather than getting bogged down in the nitty-gritty of delivering your products and services.