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2015 might have been a great year for your business. Whether you’ve just formed or you’ve become an experienced director, there’s still bound to be a few things you’d change about your company in 2016. You certainly won’t want any bad habits creeping in with the consequence of letting down employees.

It can be easy to let things slide and become complacent when a business is doing well, but there are some things you definitely need to steer clear of if you want your business to see the end of 2016! Here are just a few…

Negativity

Avoid any negativity! At all costs! When a company is growing, it can become easier to pinpoint the areas that aren’t keeping up, which is great for improving your company in the long run. But make sure you don’t focus just on these; any negativity you have will mean your employers don’t think they’re doing enough to keep you happy!

Try as often as you can to focus on a good thing each employee has done every week, and praise them for it. Even if it’s as small as “Yes Mark, those shelves are stacked to perfection!” or “Gemma, congrats on that photo you took, everyone’s loving it on Facebook!” (Please remember to change names and tasks accordingly).

Being Late

Not a good move for any director of a company. You need to emit an air of responsibility in front of your employees so they know that they’re in good hands. This means not rolling in at 12 with bed hair and donning pyjama bottoms.

Being late will also offset your productivity levels for the rest of the day. If you arrive early and well prepared for work, you’re more likely to fire through those emails and phone calls with plenty of time to get on with your big tasks. Instead, being late will leave you confused and – to use the technical term – fuzzy.

Procrastinating

Again, an easily avoidable habit if you are prepared! Got a dreaded client you need to contact but you’re putting it off? The chances are you’ll be thinking about it for the rest of the day and it will make you less productive in the long run.

Rather than leave it until the last minute, we suggest getting it out of the way as soon as possible. Jump in at the deep end when you arrive and you’ll have plenty of time to complete your to do list to the best of your ability.

Missing Breakfast

Up there with being late, missing breakfast can really leave you out of it for the rest of the day. A lot of businesspeople assume drinking coffee in the morning is the equivalent of eating breakfast, but in reality this isn’t the case.

To avoid a rumbling belly at 11, eat your Special K before you head out the door. It’ll make you feel more prepared for the rest of the day, and keep your mind on your work, rather than what you’ll be having for lunch!

Poor People Skills

Obviously, owning a small business means you should at least have a smidgen of people skills, particularly for communicating with staff, and dealing with clients. However, if you feel like you’ve accomplished keeping them happy the temptation can be to let this slip in the New Year.

If this is the case, employees and clients will lose faith in you, and you won’t enjoy a Happy New Year in the slightest! Make sure you always enquire about your employee’s job satisfaction – they’ll feel better about coming to you with problems. As with clients, keep an open line about your contract so they can bring up any worries – it will make them feel more secure about doing business with you.

Keeping a Low Profile

Sometimes staying on the down low can be good if you need to get something done by a deadline. The thing to remember is to resurface every now and then to check out how things are going. Being a present body will keep your staff motivated and happy, and will mean your business is functioning at its best.

On the other hand, standing over them 24/7 will not have the same affect – no one wants to work for a boss who doesn’t think you can do your job. So in summary, keep a steady presence around your workforce. They don’t want to be trapped in a George Orwell novel, but they also don’t want to feel abandoned by their captain!

Not Asking For Help

Finally, one of the most frequent mistakes of the small business world is assuming you can do it all yourself. This is not how directors become successful entrepreneurs. What makes a successful entrepreneur is knowing what you can do yourself and what to outsource. Often directors assume doing their own accounts is the easiest and cheapest way to take care of their finances, when in fact it can be the most time consuming and expensive.

If you’re not asking for help enough then you will quickly become bogged down with work and not feel the rewards. It’s vital to know when you need to ask for help, whether it’s designing the website or organising the Christmas do.

Are you a culprit of one of these bad habits? Or are you the perfect boss? Let us know in the comment section below!

About The Author

Karl Bilby

We work very closely with our expert accountants to bring you the latest factually correct tax and accounting news. We also enjoy writing about small business news that we hope you find useful!

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Elysium-Law LLP
Elysium-Law LLP
5th January 2016 3:29 pm

This is a good article and applies to people who are in the role of Directors/Partners – Lead from the front, be smart and you will work smart, don’t be late, learn to delegate. Work on your business not always in it. Its a balancing exercise -thanks to the Accountancy Partnership for the pointers and for working with us.

Please follow Elysium-Law on twitter for useful updates on Employment Law, Tax, HR and Litigation. https://twitter.com/ElysiumLawLLP

tapaccountants
tapaccountants
6th January 2016 9:11 am

Thank you for the helpful comments!

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