Whether it’s a business trip, family vacation, or sick leave, there will be times in your career as an entrepreneur when you will have to leave your company in the hands of other people. During these times, it’s helpful to be able to monitor your business, even from afar. But even in the age of digital communication, it can be tough to stay in the loop when you are not physically present at the site of your office. So how can you as the entrepreneur manage things at your business even when you are out of town? Read on for some tips.
Just because you are out of town doesn’t mean you have to miss important meetings. Use teleconferencing and video chat as an easy way to stay in the loop. With applications like Webex and Facetime, you’ll almost feel as if you’re present in the room, and you won’t have to miss a word of that meeting. Just make sure you and the meeting space both have clear Internet connections because there’s nothing worse during a video conference than having to repeat everything you say due to lousy wi-fi. Have someone check the signal strength of the meeting room prior to the start of the meeting.
- Trusted Employee
Depending on the stage of growth and the size of your small business, you may or may not have a partner or vice president. If you do, make sure to leave this individual in charge before you leave. Make sure the individual is up-to-date on crucial goings-on at the company, so that he or she will be prepared for anything that may arise. If you are the sole head of the company, leave things in the hands of a trusted employee – someone who has earned your trust and is up to the task of being responsible for so much while you are away. Again, it’s important that this person is up-to-speed on everything he or she needs to know to keep things running smoothly.
- Strategic Planning
For planned departures, like vacations and business trips, try planning them in such a way that does not coincide with important dates or events within the company. Leaving your company during a crucial time is always a lot riskier than leaving it during a time you know will be pretty quiet. Plan weeks in advance to ensure you have ample time to get the necessary individuals up to speed. Also give yourself time to anticipate any last-minute crises that may come up.
If you can automate certain things ahead of your departure, take the time to do that in advance. For example, you’re anticipating an increase in the number of products you’ll order from your supplier this month, so call the order in ahead of time. That’s one less thing you and your employees will have to worry about when you’re gone.
Managing your business when you’re out of town doesn’t have to be stressful or fear-inducing. It’s all about planning things out ahead of time. For more information, visit our website at www.biz2credit.com.