How Business Owners Can Cut Down On Stress This Spring

by Startacus Admin

It may still be a pretty challenging and stressful time for businesses. However, here are a few basic tips that should help...

We all know that stress is part of the deal when you start your own business. You are signing up for an incredibly difficult journey and you are taking an awful lot of responsibility onto your own shoulders. But the last couple of years have put us all through the ringer to say the very least, and we should all be looking for ways that we can lighten that load. 

As we look ahead to spring and beyond, things are starting to look a little brighter out there but there are still plenty of stress factors and major points of uncertainty out there. We saw how quickly things can change over the holiday season, and with the impact of Brexit still rumbling on, there are headaches aplenty on the horizon. Here are a few ways that you can minimise those and reduce stress.

Commit To The New Normal

The switch to remote working in 2020 was easier for some businesses than others, and the same can be said for the pivot to online and digital that we were all forced to reckon with. However, while many companies decided to leap into the new normal with both feet, others held on to the old way of doing things for as long as they could. 

If you are looking for ways to reduce stress in the coming months, then this is something that you need to seriously think about. Do you really need an office space? Or have you found that working remotely does not have a negative impact on your business? In fact, does working remotely actually offer more flexibility for both you and your employees? Are you losing ground by postponing an upgrade of your online presence? Would investing money in this now in fact lead to greater profits in the near future?

Look For Ways To Make Things Easier

We have all felt like we have been stuck in place for much of the last two years, but business technology has been moving forwards at a staggering speed. If you are looking to reduce stress, then one of your first ports of call should be looking at whether new tech and software could make a huge difference. AI is at the forefront of these exciting new changes, as this technology is being used more and more frequently in nearly every industry. What we once thought of as being something for the elite is now the perfect tool for small businesses looking for a way to comb through huge amounts of data in a short amount of time. 

Something as simple as an AI chatbot on your website homepage could massively improve the retention rate by engaging with visitors and asking them a few simple questions about what they are looking for. But it is not all about the customers. New software can help to improve employee satisfaction and make tasks such as payroll go a lot more smoothly. PayCaptain offers businesses an intelligent automated cloud payroll software that gives your employees far greater freedom.

Trust Your Team

One of the things that a lot of business owners are guilty of is trying to take everything onto their own shoulders. It is easy to see how this happens. After all, your business is your baby, and you are the one who took it from a good idea into a going concern. However, as your business expands, there will inevitably come a point where you need to start trusting your team to carry some of the load for you. This is especially important right now when there are so many different challenges facing UK businesses, and there are so many major changes in technology and the way we do business. To start with, you need to make sure that the structure in your business is clearly laid out. Ensure that everyone knows who they need to answer to and what their responsibilities are. 

Talk to your team leaders about what they need and how you can help them to do their jobs better. If you want to avoid being part of the mass exodus of UK workers this coming year, then you could think about providing incentives for people to stay. Giving your team the tools to develop their skills and a clear career progression path will not only make them feel like a valued member of the company with a future with your business, but it will also help you to reassure you that your business is in safe hands. Looking for new talent is an important part of any business’ growth, but it is also time consuming and stressful. Think about what areas you may want to move into and what tools your company could benefit from. From there, you can start talking to your staff about what you can do to help them grow.

 

 

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Published on: 17th January 2022