You've been working 40+ hours earning a decent wage but all those hours are getting someone else ahead. Someone else a new car, house and holiday. Sure you have the opportunity for promotions and wage increases but it's all in the hands of someone else.
You decide that perhaps it's time to branch out on your own. Oh the possibilities! What could you do, it's exciting and daunting all at the same time.
You start with making a plan ( it might be a franchise or your very own exciting venture), you discuss it with your bank, you are dreaming about business names and logos, you haven't resigned quite yet. You want everything in place first. It's a little bit scary.
You don't have huge expectations about how things will begin it's the longer term you are looking at. The flexible working hours, being the boss, "Master of your own destiny" to use a cliche!
You resign, from your safe regularly paying job. You now have a business loan. The responsibility is starting to dawn on you. Have you made the right decision? Will it work? What if it doesn't work?
Fast forward 12 months, 5, 10 maybe 15 years. It has worked! You're not making millions but you have been successful, it's going well. (You are in an elite group of small business owners making money!) But now you are ready to take a break. You remember annual leave. Filling out a form. Having it approved. Planning a holiday. Maybe doing a small handover to someone, perhaps just a quick tidy of your desk and off you went without a care in the world.
How do you do it now? Who will look after the business? Who will make sure bills are paid? Phone calls and emails are answered? Who is going to do the work?
As a small business owner how do you take a break? One you can really enjoy. Is it really possible.
I will look at a few of the options in my next article. Would love your thoughts.
You decide that perhaps it's time to branch out on your own. Oh the possibilities! What could you do, it's exciting and daunting all at the same time.
You start with making a plan ( it might be a franchise or your very own exciting venture), you discuss it with your bank, you are dreaming about business names and logos, you haven't resigned quite yet. You want everything in place first. It's a little bit scary.
You don't have huge expectations about how things will begin it's the longer term you are looking at. The flexible working hours, being the boss, "Master of your own destiny" to use a cliche!
You resign, from your safe regularly paying job. You now have a business loan. The responsibility is starting to dawn on you. Have you made the right decision? Will it work? What if it doesn't work?
Fast forward 12 months, 5, 10 maybe 15 years. It has worked! You're not making millions but you have been successful, it's going well. (You are in an elite group of small business owners making money!) But now you are ready to take a break. You remember annual leave. Filling out a form. Having it approved. Planning a holiday. Maybe doing a small handover to someone, perhaps just a quick tidy of your desk and off you went without a care in the world.
How do you do it now? Who will look after the business? Who will make sure bills are paid? Phone calls and emails are answered? Who is going to do the work?
As a small business owner how do you take a break? One you can really enjoy. Is it really possible.
I will look at a few of the options in my next article. Would love your thoughts.
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