In recent months the charity sector in the UK has been through a torrid time, coping with pandemic restrictions and reduced income while having to maintain front line services for the ill, the vulnerable and those in need.
How can your business help?
Advice should never be an end in itself. As a business owner you face multiple decisions every day – some routine, some forced upon you and some because you want to change or improve an aspect of your business.
When something is your creation you may be hesitant to let others in – yet allowing them to help is essential for reaching your goals. They could take on extra responsibility, lead the delivery of key projects and in return be rewarded for success.
Over half-way through 2020 and you may be wondering, ‘what next?’. Your business may be thriving, in a holding pattern or barely surviving. Your answer to ‘what next?’ is in part down to your circumstances but also your mindset, your attitude to risk and your re-assessment of your future goals.
For some businesses lockdown was an abrupt suspension of activity, some literally ‘shut up shop’ overnight. Others had to adapt operations to continue some level of business with alternative working arrangements. And for the rest, opportunities and sales volumes have grown to unprecedented levels.
In the current business climate, whether you are thriving or barely surviving, you may consider the value of additional ‘horsepower’ in your business. You may not need or want to invest in a full-time manager or director, but equally you may feel that a short-term consultant will not be the answer.
When I start working with business owners, one of the first things I ask is, ‘What is the purpose of your business?’ In other words, why does the business exist? Surprisingly, this simple question often causes some debate.
No business has been untouched by the current coronavirus outbreak and subsequent ‘lockdown’. Whether you have seen a boom in trade as a delivery firm, a dramatic fall in revenue as a service company, or had to remodel your business to enable safe working for your teams, you will have been affected.
Imagine being above a ravine clinging to a rope – white knuckles and fear of your grip slipping would be understandable. As a business owner concerns about letting go may be inhibiting your company and your health. And if your team is now remote working you may want to cling on more tightly.
One of the many interesting aspects of working with business owners is their view on timescales. They can be impatient when things don’t happen quickly enough, yet display a lack of urgency when action is required.