Maintaining a growth mindset is essential for transforming your one-person startup into a thriving business. Focusing on the growth of your business will help you land more customers, expand your market, and optimize your business model to better align with your audience. But finding the time to grow your business can be challenging. There’s just so much to get done every day! Keep reading to learn how you can free up your time and save yourself from a few headaches as you scale your business.
First, make sure you understand the legal implications of making changes to your business. If you change your business address, name, or structure, you will need to report this in your annual report. Don’t neglect this step! Failing to file your annual report could leave you open to state fees or penalties.
Get Comfortable Outsourcing and Delegating
Knowing when to outsource and delegate work is one of the most important business skills you can have. By handing some of your responsibilities off to someone else, you will have more time for business projects that set that stage for growth. Delegation doesn’t have to be expensive. Zapier recommends delegating within your team before you outsource to freelancers. Using automation software can also help you save time without hiring new employees or paying experts to take on your work.Continue reading