With your dream of owning a small business about to become a reality, how does your family fit into the picture? They have always been there for you and remain your biggest supporters, but with the demands of your small business, your work-life balance is likely to shift.
You have to deal with added responsibilities, deadlines, meetings and longer hours. It comes with the territory of running and owning a small business. To help with the adjustment, here are family-focused ideas to keep everyone on board with your exciting new enterprise.
Have a conversation.
If you haven’t already, now is the time to sit down and talk to your family about the changes your business will have on everyone’s lives. Provide them with all your information and thinking about the expectations, responsibilities and goals you have for your business and encourage feedback.
Listen to your family members’ input. They are likely to have some opinions on your business as well as useful ideas for the transition period and future. Don’t underestimate your children’s insights – they often have the best perspectives. As this transition unfolds, schedule regular family meetings and reach an understanding regarding adjustments that may need to be made.
Consider hiring a family member.
Small businesses employ 60 million people or 48 percent of the private workforce – that’s nearly one in two people you know. Many are family members such as a spouse working as a bookkeeper or in another aspect of the business. Over 83 percent of entrepreneurs receive support from family with 57 percent providing emotional support and 29 percent volunteering operational help.
Family assistance can be cost effective, especially for a business just starting out and engaging family members in the process will help them gain a better understanding of your business focus. If it’s a good fit, encourage your children to work part-time. It can provide many life lessons and teachable moments along the way.
Establish a work-life balance.
Finding a work-life balance is critical to the success of your business and personal life. With so many responsibilities and duties, you have to prioritize both sides of your life. However, running your own business and being your own boss will require much of your time.
When the workday is over and you arrive home, family should come first. Unplug and disconnect from your business, giving yourself time to unwind and connect with your loved ones. While a true 50-50 work-life balance may be difficult to achieve, keeping your family informed and on board with your plans will lead to personal and professional happiness.
Put time-saving technology to work for you.
Leveraging technology solutions can keep you organized and help you make the most of your valuable time. While you can’t be completely out of pocket, limit your email time so it doesn’t dominate your day. Separate the apps you use for work by hiding them on your phone. Most phones allow you to put apps into their own folder by simply dragging one icon on top of another – out of sight, out of mind.
Establishing an online presence for your business can help you save time and money. When building or enhancing a website, find an easy-to-use resource. Web.com makes the process simple and efficient with website package solutions designed to fit the specific needs of your business. This will give you one less thing to worry about – and more time to spend with your family.
Despite the challenges of balancing business and family, you can enjoy the best of both worlds by thoroughly preparing loved ones for your new endeavor. Web.com can help you make the most of your time in both your professional and personal life.