Over the last seven years if there is one key thing I have learned about running a small business it’s -don’t be too valuable you can’t be replaced.
Because I never took the time to train my husband or any other employee how to do what I do. I had a moment where I thought, what if something happens to me? What would he do?
Ways to Always Be Prepared… Just in Case
- Train someone you trust to do some of what you do. Whether it’s payroll and scheduling (like me), client relations, or whatever, you need to have someone else lined up to jump in, in case you just can’t do it.
- Get a disability policy immediately! No business owner should be without a disability policy. If you can’t work, and your business can’t go on without you, then you better have something lined up that will pay the bills. Policies are cheaper than you probably think, and are equally as comforting as a life insurance policy.
- Know how to automate systems you currently do manually. If you do your own in house payroll, you should have on-hand the information for a local payroll service that you could call and get setup at the drop of a hat.
- Organize your files, passwords, logins and account info. If you are a mess organizationally then hire someone to come and help you get your papers together. Keep a handwritten log of all of the pertinent login information someone would need to “do what you do”. Make sure your files are labelled, and easy to find. Keeping a calendar with your bills, and expenses and To-Do’s is really helpful in a last minute situation.
Being a business owner is both greatly rewarding and tremendously stressful. Help to take the burden off of yourself, by having others lined up and ready to go, if you are out of commission. It will be both a comfort to you, and a relief to the one who is forced to temporarily wear your shoes.
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