Starting a new business? Get 40% off our accountancy services for 3 months! 😀


No one wants to think about their weaknesses but we all have them whether we like to admit it or not. You may be in charge of a business but you are allowed to have weaknesses. You are human after all. So rather than striving for perfection and not admitting where your talents fall short, you could accept them and work towards making them better.


How to deal with weaknesses

Knowing your weaknesses gets you one step closer to dealing with them. If you know you’ve got a gap in your knowledge or experience you can then go out and do something about it before it affects your business.

Don’t take everything on

Lots of business leaders are guilty of this one. Taking on too many jobs and responsibilities is not a good idea. It means that you’re spreading yourself too thin, trying to balance too many things at once. This stress makes you more likely to make mistakes or lose concentration.


If there’s something you know isn’t your strongest point, then let someone else handle it instead. As a business owner, one of the keys to your success is in hiring the right people and delegating responsibilities accordingly. Let your employees do the job they were hired for and take some of the pressure off you.


If you’ve got something you’re struggling with for any reason and don’t have anyone you can delegate to already on the payroll then you next step is to either hire someone new or outsource. You could use an agency or hire a freelancer to help out with something you struggle with or simply don’t have the time to spend on.


If there are gaps in your knowledge that you know shouldn’t really be there, then you can do something about it. You could learn skills through an online course or night school which will help you become a better business leader.

Encourage open dialogue

You want to create an environment where your employees feel they can talk openly about how work affects them. If they don’t feel comfortable discussing things this creates a less productive atmosphere and can lead to mistakes.

Having an open environment avoids the situation where someone isn’t sure about what they’re doing but won’t admit it out of fear of embarrassment. They then end up doing making mistakes and causing an unnecessary set back that could’ve been resolved with a simple conversation at the beginning.

When choosing people to do certain tasks, listen and take note of what your employees are saying. Often they will have a better idea of who’s best suited to what if they’re the ones working on it. By listening you can make better decisions and delegate responsibility appropriately.


Are you open about your weaknesses? What are you doing to deal with them? Please share your thoughts

About The Author

Kara Copple

An experienced business and finance writer, sometimes moonlighting as a fiction writer and blogger.

More posts by this author
Inline Feedbacks
View all comments

Read more posts...

June 2022 Client of the Month: Manea Kella

This month we spoke to Adrian Manea, architect and director at Manea Kella, a London based RIBA Chartered architecture and interior design…

Read More

Succession Planning for Business Owners: What Comes Next?

When you own a business, it’s extremely normal to feel like you’re surviving one day to the next – ‘winging it’, as…

Read More

The Accountancy Partnership – Our Positive Reviews

Here at The Accountancy Partnership, we’re proud of our customer reviews The reviews we receive from our customers show how hard we…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.


You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?


Call us on 020 3355 4047 if you’re not sure.