Procrastination can plague workplaces and have a huge impact on the productivity of the business. Therefore, it’s essential to tackle the issue, whether it’s yourself as the business owner or your employees. Procrastination is putting something off that needs to be done, to deal with at a later time. You might procrastinate by focusing on exciting things. However, if you are ignoring dealing with business taxes because you’re working on a new product, this could lead to serious problems.
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prioritising
Keeping on top of your finances is one of the biggest causes of stress for small business owners, as the financial position of a business can really be the make or break point for the future of it. There are many challenges that small business owners face, from building a customer base to being a supervisor or creating and delivering good quality products. As a business owner, you will need to wear multiple hats in order to keep the business running. However, managing your finances may be of particular importance to the livelihood of your small business.