GROWING UP
Anyone out there who lives with the combination of a teenager and owning their own business may relate to this article. Even if you don’t have the teenager hanging on, you have been there yourself so in some way you will be able to relate.
Looking back on the teenage years, we remember the moments of confusion, frustration, ‘knowing it all’ then the realization that there is one huge world out there and you are one small fish.
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| Growing up - growing passion. |
Let’s take the analogy and apply it to your small business. Having a business that is your own can in many ways be like having that difficult teenager. There are times when all is hunky dory and the cash flow is great the customers love you and the world is your oyster, then comes along that difficult transaction that you know you shouldn’t have got into, that deal that has the potential to sink you and then it’s not that rosy out there. Well just like with many kids a good solid start in life goes a long way to weathering the storms of life especially when the parents are no longer there to guide and protect, and so with your business a solid grounding is vital to ensuring that your business weathers those tough times. By having your books in order, the legal side of things in order, a healthy relationship with the tax man, and a good idea of the financial health of your business will enhance your chances of making it through those rough times.
Gail Emmerick, a Forensic Auditor, Business Consultant and developer of the acclaimed FIGG Excel Accounting Solutions products had just this in mind when she developed the products that are now available to anyone who would like to better manage and control their business. She has a real understanding of the weak points and challenges that face small business owners, and has incorporated all the relevant tools necessary to ensure your business grows and strengthens. To do this she has focused on empowerment through educating. Many of the tools come with full explanations of what should be posted into which account, what x,y and z terms mean and why you need to do certain things in your business - quite remarkable when you think of it.
Like with the difficult teenager, it is great to have someone who you can talk to and have the tools available to manage that Teen challenge, and so as your business grows from the child phase to the teen phase and later the adult phase make sure that you give your business the grounding it needs to survive, and then make sure you use tools such as those developed by Gail Emmerick to turn your business into something that is strong and healthy.
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www.figg.co.za
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