Managing (And Limiting) Stress As A New Business Owner

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Small business owners lose an astonishing 24 working days each year due to work-related worries, according to one report by OnePoll. However, this doesn’t have to be the case, as there are a number of ways you can effectively limit some of the worries and stress that comes along with the job – especially if you’re new at it. Whether you’re in need of extra help or could benefit from a dose of positivity, here’s how you can limit your worries on a regular basis so you can continue reaching your business goals.

The pros of hiring a professional

If you constantly find yourself overwhelmed with your business and all of the worries it brings financially, getting a bit of help can do wonders for both your mental health and the business as a whole. This is primarily because a professional will allow you to focus on what’s important while they take over certain stress-filled tasks entirely. One highly effective way to achieve this is by hiring an accountant, who can help you with a myriad of money-related tasks that are often overwhelming for a new business owner. Not only will this save you time in the long run, but it will ensure that money matters are handled by experts, which, in turn, will prevent expensive mistakes. From standard bookkeeping to project budgeting and preparing financial reporting records like tax returns and income statements, you can gain major peace of mind that everything is handled properly. 

Focusing on the positives

As a new business owner, it can be easy to get wrapped up in the things that are going wrong, might go wrong, or the things you constantly need to address. Adding an extra dose of positivity to your day is a fantastic way to ease your worries, and can be done effectively by simply taking the time to recognize your accomplishments. In turn, this will allow you to quit focusing on the things that aren’t going right, and can remind you of what is – something that’s bound to help refocus your mind and outlook as a new business owner. By writing down and keeping a running list of personal and business related accomplishments (both big and small), you can literally put the positives in your line of sight each day, and help the heavier negatives stay out of mind.

Getting organized helps

Sometimes, simply getting organized can help immensely in limiting your worries as a new business owner, especially if your worries actually stem from an organizational problem. In order to combat the overwhelming stream of tasks, making use of apps and organizational software presents a fantastic solution. Used by Chloe Brittain, the owner of Opal Transcription Services in Calgary, Alberta, Canada, the software Trello is just one example, as it can be used to organize things like SEO campaigns, to-do lists, and calendars. Trello even has color coding capabilities to make things much easier to keep track of. Other apps, like Focus To-Do, however, bring other capabilities to the table – including a Pomodoro function that helps you to break up and tackle tasks in more manageable intervals.

Running a business isn’t for the faint of heart, but there are ways to limit your worries and reduce the accompanying stress that so often comes along with the position, particularly if you’re still new at it. By implementing an organizational system, focusing on the positive achievements you’ve accomplished, and even hiring a virtual assistant, you can eliminate unnecessary worry while effectively boosting productivity at the same time.

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