How to Manage Your Small Business Startup from Home?
| 4 minutes read
Since the pandemic, life has changed. Previously, we can’t think of starting or managing a business from home, but post COVID-19 work from home concept is paced up. Two years ago, no one had ever thought that managing a business from home would be possible; the truth is, yes, it’s possible now, and many entrepreneurs are practicing.
However we are not saying working from the office is a bad idea, but you know, you need to think and work accordingly as per the situation demands. And managing your business or starting a business from home is a great idea. The reasons are:
- It saves traveling time
- Staying at home is much safer to avoid direct contact with people
- You can do multiple tasks or work with the entire focus in your own space and comfort
- Easily conduct video calling and can find all people on one platform
- Working extra long hours as per requirement and many other reasons
Now the question is how one can manage a business/startup from home? See, the above reasons look great, but when it comes to execution/implementation, there are a few things you need to consider.
So without any further adieu, let’s focus on five valuable tips that you can implement today to enhance and raise the ability to manage your small business from home.
1. Set up a System
This step comes first when managing your startup/business when you start running it remotely. You need to set a proper system where your employees can share files, documents, and communication platforms. A good and easy way of communication helps eliminate confusion amongst employees and encourages one planned direction.
You can also set your own cloud storage and share a work calendar to help you organize tasks and meetings. Also, make sure all employees use the same platform and communication tools. This process makes sure that the team is working together towards the goal. In addition, it saves time when it comes to communicating to everyone on one platform rather than approaching individually.
2. Monitor Cyber Threats
Spending more time at home as a small business startup owner goes hand-in-hand with using more personal items. You mainly use one computer/laptop for your official and personal use; therefore, it is important to check and analyze that whatever steps you’re taking has the potential to safeguard your business assets.
Here are a few tips to ensure you’re doing everything you can to protect your business:
- Back up all data to an online server, like the Cloud
- Talk to your bank and vendors to ensure your financial information is safe and protected
- Instill the latest anti-virus software onto your computer
- Train other employees to use the same techniques with a workshop from the National Cybersecurity Alliance
- Tell your team not to click any suspicious link over mail, or they receive on any texting app
Oh, the last thing we almost forgot to tell is that change your password often and don’t keep the simple password.
3. Do Not Overload Your Employees With Additional Tasks
Assigning tasks is good for a company’s growth, but overloading tasks with your employees can minimize productivity. Working from home has some limitations. Sometimes personal life can hamper the official work at home. However, there are a few ways you can increase productivity by completing the deadlines.
You can ask your employees to share the screen with you so that you will know what they are working and as a result, you can give them feedback on time. This way you can motivate and encourage your employees, and hence you will get good quality work from them with minimum time wastage.
Tip: Give them additional space after office hours, do not text or assign any task after official hours until it’s imperative.
4. Stay Calm and Relaxed
Perhaps the biggest challenge to managing your small business at home is staying calm, cool, and composed under pressure. After a long tiring workday, engage in meditation and listen to soft music that helps you to stay calm.
You can also do a few things to relax your mind and soul.
- Take a hot bath for some mental and physical relaxation.
- Use essential oils as part of your meditative practice.
- Sleep at least for 6-7 hours.
- Avoid using electronic gadgets an hour before you go to bed.
These small but few things can help to stay active and mentally fit. Therefore don’t ignore it and try to do it regularly.
5. Organize Your Family Time
In the above information, we talked about organizing and managing your business, but you should not forget that you have to organize time for your family. Don’t mix your professional life with personal. Keep it separate and utilize the time accordingly. If you have a child, then work from home goes tough, but you can take care of your child. Many young moms in the US leave the office job because they want to take care of their children and prefer to work from home.
But in reality, if you’re serious and planned about running a home-based business/startup, you will have to make arrangements for childcare in or outside the home. Otherwise, it becomes too distracting, and you won’t focus on your business. So consider hiring a babysitter, so you’re guaranteed six to eight solid hours to get your work done.
Working from home might fascinate you, but managing A-Z from home is not an easy job. If you want to manage your business from home, follow the five steps (mentioned above). Overall stick to your plans and schedule the tasks and meetings. Ask your employees to keep updating the work they do. Not to forget that being an entrepreneur, you have to encourage your teammates to give their best and try to keep engaging everyone because working remotely is challenging when it comes to monitoring everyone’s work. But good co-operation and on-time scheduling tasks can minimize those errors.