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Business Owner’s Guide To Creating A Work-Life Balance

Even the most passionate business owners need to take a break from the grind. It can be hard to notice that your work life is interfering with your personal life when you love what you do. But to be the business owner your business needs you to be, you need to take the time of your business and live a fulfilling life. 

Here are some tips to help you get started on creating a healthy work-life balance as a business owner. 

 

Setting boundaries

The line between your personal life and work is vital in creating a healthy work-life balance. Set your priorities and boundaries between your personal and professional life and stick to it. Know when it’s time to step out from your business and let it run on its own. If it’s time to work, you have to give your 100% to your work but when you’re done for the day, get off your computer and spend time with your loved ones and/or do your hobbies. 

 

Let go of control

When your business is in its early stages it can be difficult to delegate tasks to your team. Business owners try to do it all in fear of losing control over the business and wanting to save from staff costs. This might work for a short while but this is not scalable at all. In the long run, you’ll realise that it’s unsustainable to do it all for you and your business. That is why it pays to take the time to go through all your tasks and identify which ones need your attention, and which ones you can delegate to your team. 

But getting more staff comes with a hard cost that can stagnate your business growth, this is where outsourcing comes in. 

 

Outsourcing

Meeting the demands of your business can be challenging and even more so when you do it without proper assistance. This can stagnate your business growth and take a toll on your current team. Getting assistance is necessary to maintain your business service levels and enhance your business productivity.

But hiring in-house jobs requires you to handle the cost of office spaces, equipment, and their compensation and benefits. This cost can be a lot especially when you just started your small business. By working with an outsourcing firm, you can have a cost-efficient solution to achieve your desired productivity levels.

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The 90 Things
you can Outsource

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Establishing a solid foundation and ongoing optimisation on your outsourcing strategy.

Case Study:

Chris Brown is a Director and Senior Mortgage Broker at New Vision Financial Services. He runs a Sydney based mortgage brokerage that’s servicing clients since 2015.

Case Study:

Sam Panetta is a co-founder and the head of the lending department at Aureus Financial. His business helps clients get the funding that they need to grow their business, acquire their dream home and build wealth through property.

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