Are you to scared of losing business to take a holiday?

Are you to scared of losing business to take a Holiday?

To scared of losing business to take a holiday?

Are you to scared of losing business to take a holiday?

As a small business owner the issue of holidays can be a sticky one

And I am not referring to Blackpool, other seaside resortsĀ  are available,

Man standing on the craggs with the waves crashing
Feeling Alive!!!!!!!!!!!!!!!!!!!!

rock.

You know you deserve a break because you’ve worked flat-out all winter and your family and friends are putting pressure on you to take a break.

More importantly, they want to book it NOW.

One of the reasons you chose to work for yourself was to have a better quality of life.

However, Do you even dare leave your business for a couple of weeks?

Are you to scared of losing business to take a Holiday?

Will your clients desert you if their queries go unanswered?

Who will deal with urgent issues?

Will you come back to such a mess that you regret the holiday?

According to Elite Magazine 20% of SME owners won’t take a Summer break.

That’s over a million people!

A further 30% said they would take a break but only of they stay in the UK to keep and eye on their business.

However, a survey from Xero shows an even worse story with 76% of small business owners saying that they won’t take a break.

Even worse, the Xero article goes on to show suitable apps so entrepreneurs can stay in touch on the beach.

Easy today and many claim to live the laptop lifestyle but that isn’t a holiday is it?

Actually, taking a total break from your business will boost your productivity.

Time away from the work will encourage idea generations and give a much-needed refocusing on what is important.

There is a direct correlation between several hours worked and productivity as some of theĀ  brains at the Economist showed us, when they told us to “Get a Life”.

The longer hours worked in a country the less productive that country is.

John Pencavel of Stanford University published a paper about working hours and showed that reducing working hours is necessary for productivity: output is proportional to hours. (2014)

https://onlinelibrary.wiley.com/doi/abs/10.1111/ecoj.12166

Above a threshold output rises at a decreasing rate as hours increase.

So, in theory if you don’t take a decent break you could end up in a situation where you’re in negative productivity after a few years. You’re doing more harm than good.

Also known as burn-out which is a serious issue.

Here are some tips for a bit of planning to prepare your business for a break.

  • Practice going away on holiday by taking a few days off – next week .
  • Prepare staff with training in advance or get a Virtual Assistant to help out.
  • If you are not already schedule your social media in advance by joining Hootsuite or Buffer, to name two, (free of charge for a month).
  • Get wages, expenses, invoices and credit control up to date in the month before you go away.
  • Ask your network of colleagues in the same industry to job swap. They cover for you and vice versa.
  • Don’t book a holiday at month end or year-end or tax deadlines (October for paper, January for online*)
  • Employ a call handling company to tell your customers you’re in a meeting (you can scan read their messages, so no surprises when you get back)

Get some sand between your toes!!!!!!!!!!!!!!!

Time to relax
Going for a dip?

 

 

 

 

 

Lorraine

*UK tax deadlines

 

 

 

 

 

 

 

 

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