In small businesses, defined as under 50 employees, it is the business owner who must craft what the business will be, how it will operate, and inspiring customers, staff, vendors, and community to support the business. Wow! No wonder business owners have a challenge finding enough time. And that’s not all. As you know, and perhaps you’ve experienced, business owners often need to be a line worker to get the job done, especially in these challenging times.
Most business owners accept the responsibility of leading the business and working in the business.
The challenge, or opportunity, for them (business owners) is in managing their operation.
Recently, two business owners told me that they needed to improve their management skills. Each of them said that they were overwhelmed with their management duties.
In the coming weeks, I will provide you with a series of blogs about successful management practices that business owners can practice.
QUESTION
What are your key management challenges, as a business owner, or someone asked to act like a business owner? Or better yet, what are your manager success stories?
Chuck Scharenberg is the Founder of More Profit More Freedom, a consultancy that supports the execution of large-scale growth for small businesses. His practice has successfully grown businesses with processes that identify potential roadblocks and mitigation schemes to accelerate realistic execution.