Starting a Part-Time business - Things to do one month on...
by Startacus Admin
Work/life balance
Life is about more than just working, and whilst it is only to be expected that setting-up a part time business will put pressures on your time (especially 
if you are holding down a day job) it is immensely important that you establish and maintain a good work/life balance. In last weeks post we put forward some great ways of managing your time when setting up a part-time business, but equally important is your ability to continuously monitor and evaluate the tasks which are placing the highest demands on your time find ways increasing your efficiency. Here are a few good tips for helping to build and maintain a good work/life balance:
Create a structured work time - When running a business from home, it is sometimes easy to rest back on your laurels and feel like you have ‘all the time in the world’- which of course isn’t true. Setting yourself strict working hours will instill a sense or urgency in your work and hopefully encourage you to be more productive. Create a working routine that is suited to your needs - whether that means early morning starts before the rest of the household awakens or burning the midnight oil at the end of the day, what's important is that during this time you are able to give your work your full and undivided attention.
Establish some boundaries - You should try to create an environment where you can establish real divisions between home life and work life. If you have the space, forge an area that is solely for the purpose of work and doesn’t play any role in your day-to day family/personal life - this will train your brain into accepting that when you are within this space, you are supposed to be working. It’s also a good idea to let people know when you are working and can’t be interrupted... just because you are working from home doesn’t mean that your work is any less important.
Stop working - Starting a business does not mean promising to sacrifice your entire life to its growth...you need some down-time just like every other worker on the face of the earth. Just as was the case with your work time make sure that when you are supposed to be relaxing you actually are.
Manage your own expectations and those of your clients/customers - You are only human (probably) and there is a limit to the amount of time that you can dedicate to the running and growth of your business. If you are the sole ‘employee’ of the business it is likely you will feel under pressure to be a 24 hour-a-day 365 days-a-year worker. Accept that this isnt possible and put in place a framework that will allow you to fully switch off during your ‘down time’. The specifics will vary from person to person but something as simple as putting an auto-response message on your email explaining when you will be back ‘in the office’ can give you a sense of reassurance. The UK's first pay-by-mile insurance provider announces major £15m investment to help with its development and growth plans The online platform and wellness community enabling wellness practitioners and their clients to connect with each other Here is a list of courses that could enhance your team’s skills in today’s digital and fluctuating business market. As a rule, tights are produced, worn once and discarded. Step forward, Billi London who has launched the world’s 1st enhanced biodegradable tights. The startup that has created an online wholesale marketplace connecting independent retailers with unique, artisan brands Catalyst selects 18 Semi-finalists to progress to the next stage of Invent, Northern Ireland's leading innovation competition
A smartphone-based nature prescription for mental health called Nature Notes, is developed by University of Derby researchers and Go Jauntly Read on to learn why you need flexible working arrangements in your business.
Brytlyt, provider of the world’s fastest data analytics and visualisation technology, raises $4m in Series A funding UK businesses with fewer than 250 employees to avail of new coronavirus Statutory Sick Pay Scheme due to launch within the next week
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- By Miles raises £15m in Series B funding round 22nd May 2020 The UK's first pay-by-mile insurance provider announces major £15m investment to help with its development and growth plans
- Nature diary app launched to boost mental health 20th May 2020 A smartphone-based nature prescription for mental health called Nature Notes, is developed by University of Derby researchers and Go Jauntly
- Brytlyt raises $4m Series A to turbocharge real-time data analytics 20th May 2020 Brytlyt, provider of the world’s fastest data analytics and visualisation technology, raises $4m in Series A funding
- HMRC announce coronavirus Statutory Sick Pay Rebate Scheme 19th May 2020 UK businesses with fewer than 250 employees to avail of new coronavirus Statutory Sick Pay Scheme due to launch within the next week
