Business

Business Is Personal

Is there always joy in managing a small business?

Of course, because this is my ticket to FREEDOM after being answerable to a boss for the first 15 years of my working life.  Now it's 'little old me' running my own race, managing my own show, controlling my wealth, my team, my future, my everything!

And then it becomes so positively personal  with the family sharing that joy............ 

How good Helen feels when she has coffee with the girls every Thursday. All those 'by the way', moments': the upcoming ski trip with the kids, the ever-meticulous  dressmaker over at Double Bay , Christmas in New York!  She can't wait until someone asks about private school. The kids are loving it!  All those modern sporting facilities, the gym, the Olympic pool, acres of fields. True, Aiden is struggling with his maths but, never fear, Mr. Morgan has all the best resources at hand to quickly get him up to scratch. Oh yes, another 'BTW' moment: last weekend's sleepover at the McCarthy's waterfront mansion. (David McCarthy, of course, runs the United South Pacific Bank).

Then there's me - I love being busy, watching things grow and the money rolling in.  More customers, more staff and larger premises! 

Can just fit in lunch with the accountant today. She's great but did warn me last year about the shoebox full of invoices and bills saying I should hire a good book keeper to do them monthly. Still, you'd expect her to say that. Accountants always do err on the cautious side.

Actually, I've got three shoe boxes this year. That's surely a good sign as to where the business is going. Mind you most of that was for the first three months before I lost '5-Ways'; they made up for about 25% of our turnover. Never mind, they say you shouldn't have all your eggs in one basket.

The lull will give us time to focus on the 'UPs"; like step up our marketing, beef up the website, unclutter and tidy up the stock. Then, up the loan (so easy for the bank with the house as guarantee). 

Now we can all take a deep breath especially as it's almost  Christmas when, thankfully, the business goes dead quiet. That's ok, a return to the good times might be delayed a bit. In the meantime, let's celebrate !!  

And, boy, did we! A great family Christmas with no expense spared followed by the cruise. We certainly deserved it after all the work we'd put in.

It's now February..... the bills have accumulated. Not enough in reserve and only just enough income flowing in from the regulars to pay the staff wages (well, at least this month). As for the bank loan? Funny how I quickly take my eyes off the house when I leave for work and come home at night. 

Mmm, Judging by the amount of sleep I'm getting and the blank looks from Helen, I quickly realise how personal business really is. Even the kids have gone quiet. Suddenly I'm nervous about answering the phone. Who do I pay first? Why am I avoiding people? Maybe I should see the doctor and get some anti-depressants. Alternatively, the cellar is still fairly well stocked from the Christmas splurge...

Sound familiar? If so, we need to talk...
1800 041 218
info@businesslifeaustralia.org.au