As a business owner, there are many things that must be accomplished on a daily basis. Everything from managing the flow of inventory to talking with prospective clients might fall under your purview. However, there are a few things you need to do starting today. Read on to learn more about the important business owner tasks.
Create a Will
If you were surprised that creating a will is a recommendation for a business owner, think again. Everyone should have a will. Regardless of the number of assets or the perception of owned assets, everyone has something or someone of value in their lives that should be legally attended to by a licensed and practiced will lawyer.
It is essential for you to have your business and personal legal affairs in order so that, should you pass away, everything you have acquired in life and worked so very hard for is passed on to the person or people of your choosing, not at the government’s will. When you are proactive and take the necessary time to meet with a will lawyer to complete these documents, you get to make the decision for who your business is passed down or who gets your prized collections. By taking simple steps today and then updating the documents over time as births, deaths, and marriages occur, you are in charge of your assets and your legacy. Of note, you can also encourage and support your staff to draw up their respective wills.
Check-In with Your Team
Checking in with your team probably seems like a concept or action that entails a quick morning greeting while passing even more quickly through the office floor to your office before closing your door. After all, you have work to do. However, that work does not get done in a vacuum. No. Work is accomplished through communication and collaboration in a variety of avenues and settings.
Take time every day to truly say hello to the people you employ and get to know them. Ensure you are being genuine and are engaged in the conversation instead of checking a box and taking time away from their hours of productivity. Sit down with your people. Ask them about their respective workflows. Inquire about what works and what gets in the way of their work. Ask for suggestions for improvement. When something is offered up, give credit where it is due and involve that person, if appropriate, in the forward innovation efforts.
Watch this video to learn five ways to make stronger connections in the digital age and reasons why you should. Keep watching till the end. The speaker says, “Nobody succeeds alone.” That is a powerful statement.
As the leader of your company, you have the power and the motivation to make your workplace one that people will enjoy coming to every day. That includes both the employees and the customers. But first, you need to take care of your personal business with these business owner tasks. When your end-of-life planning is in order, you have greater clarity and peace of mind to move through your day with the confidence that everything is taken care of, no matter what.