7 Tips For Pushing Your Business Forward Financially

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Here at ChadStone, we’re all about helping you push your business forward and hitting those big financial goals. 

 

Let’s dive into some tips that’ll push your business forwards financially straight away…

 

  1. Boost Your Cash Flow 📈

 

Cash flow – it’s the heartbeat of your business. Keeping it strong is key. Here’s how to help:

 

– Keep an eye on it – regularly check your cash flow statements. Know where your money’s coming from and where it’s going.

 

– Invoice ASAP – Send out those invoices right away. The quicker you invoice, the quicker you get paid.

 

– Where possible, take charge – Can you make your payment terms better for you? Do you have a credit control process in place?

 

  1. Embrace the Tech 💻

 

Tech is your friend. Here’s how to use it to your advantage:

 

– Automate everything – from invoicing to payments, let technology handle the repetitive stuff.

 

– Go cloud – use cloud accounting for real-time access to your financial data and seamless collaboration.

– Track expenses on the go – use apps to log expenses immediately – no more lost receipts or forgotten deductions.

 

  1. Keep a tight grip on costs 👊

 

Staying profitable means keeping costs in check. Here’s how:

 

– Regular check-ups – regularly review your expenses to spot areas for cuts.

 

– Bulk buy where you can – save by buying supplies in bulk – it’s cost-effective.

 

– Outsource smartly – consider outsourcing tasks like payroll, IT support, and marketing to reduce overheads.

 

  1. Get in control of your tax 💪

 

Tax planning isn’t just for accountants – here’s how you can master it:

 

– Stay in the know – keep up with tax laws and how they affect your business.

 

– Maximise deductions – take advantage of all deductions, from office expenses to travel costs.

 

– Put tax bill money away – Add your tax bill money to a pot each month so when it comes to paying it, it doesn’t feel like a big hit.

 

  1. Set Financial Goals 🎯

 

Setting clear goals is like having a map for your business journey.

 

– SMART Goals – make goals Specific, Measurable, Achievable, Relevant, and Time-bound.

 

– Mix it up – set both short-term (monthly/quarterly) and long-term (annual) goals.

– Track and adjust – regularly review your financials to see how you’re doing and tweak as needed.

 

  1. Invest in growth 🙌

 

Reinvesting in your business is where the magic happens. Here’s where to put your money:

 

– Marketing – pump up your marketing to attract new customers and keep the old ones coming back.

 

– Skill up – invest in training for your team to boost their skills and productivity.

 

– Tech upgrades – upgrade your tech to stay competitive and efficient.

 

  1. Build your financial safety net 🥅

 

An emergency fund is your business’s safety net. Here’s how to build it:

 

– Emergency fund – Set aside enough to cover three to six months of expenses.

 

– Get insured – make sure you’re covered for unexpected events.

 

Let’s Do This!

 

By implementing these tips, you can strengthen your financial health and set your business on a path to growth. It’s all about pushing boundaries and achieving the success you and your business deserve.

 

Got questions or need a hand? Reach out! Let’s work together to make your business the best it can be.

 

Al & Led

In the meantime, here’s something for you…👇

  • Get the latest finance tips, business hacks, free resources, hilarity, memes and more by joining our monthly newsletter, ‘Sumthing To Say’ here.
  • Do you need your accounts taken care of for you? You can Book a Discovery Call here.



This is post showing a business owner covered inputs-it notes to show they are stressed by January until they read this blog

How to Make January Suck Less: A Survival Guide for Business Owners

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Ah, January. The month that feels like a Monday morning stretched out over 31 days.

As a business owner, you might find yourself battling post-holiday blues, struggling to get back into the swing of things, and grappling with the inevitable slump in productivity. But fear not! We’re here to help you make January suck less and kick-start the new year on the right foot. Here are some actionable tips to survive (and thrive?!) through the January blues:

  1. Embrace the January Jumpstart 🦘

Instead of dragging yourself reluctantly into the new year, why not embrace it with open arms? Set exciting goals, revamp your workspace, and shake up your usual routine. Treat January as a blank slate waiting to be filled – it really helps with the mindset shift.

  1. Break Up the Monotony ❌

Let’s face it—January can feel like a never-ending slog of cold weather and post-holiday blues. Inject some excitement into your routine by breaking up the monotony. Schedule fun activities or outings to look forward to throughout the month, whether it’s a team-building event, a lunchtime yoga class, or a spontaneous mid-week social occasion. Adding a bit of spontaneity can work wonders for morale.

  1. Master the Art of Time Management ⏱️

With the holiday hustle and bustle behind us, January offers the perfect opportunity to reassess your time management strategies. Invest in productivity tools, prioritise tasks effectively, and streamline your workflow to maximise efficiency. 

  1. Treat Yourself (and Your Team)👌

January doesn’t have to be all doom and gloom. Treat yourself and your team to something to lift spirits and boost morale. Whether it’s a team outing, an extended lunch with board games and snacks or signing up to a team challenge. It can all go a long way towards making January more bearable.

  1. Find Your Motivation 💪

Let’s be honest—finding motivation in January can feel like searching for a needle in a haystack. But fear not! Rediscover your motivation by setting clear, achievable goals and rewarding yourself for milestones along the way.

  1. Embrace the Power of Positivity 🙌

Cultivate a positive mindset by focusing on the silver linings and practicing gratitude daily. If that’s a struggle, we get it. Try podcasts, talking to others or moving your body to help.

  1. Beat the Winter Blues 💙

The winter months can take a toll on mental and emotional wellbeing, leaving you feeling lethargic and uninspired. Beat the winter blues by prioritising self-care and wellness. Get plenty of rest, eat nourishing foods, and make time for activities that bring you joy, whether it’s a brisk walk in the snow or a cosy night in with a good book.

  1. Celebrate Small Wins 🥳

In the midst of January’s gloom, it’s easy to overlook the small victories. Take a moment to celebrate every win, no matter how insignificant it may seem. Whether it’s landing a new client, hitting a sales target, or mastering a new skill, every step forward is worth celebrating.

So, there you have it—eight actionable tips to help you make January suck less and kick-start the new year with gusto.

Embrace the challenges, seize the opportunities, and remember: you’ve got this! 

Al & Led

In the meantime, here’s something for you…👇

  • Get the latest finance tips, business hacks, free resources, hilarity, memes and more by joining our monthly newsletter, ‘Sumthing To Say’ here.
  • Do you need your accounts taken care of for you? You can Book a Discovery Call here.



This is a picture of the team looking happy because they have followed these wellbeing and finance hacks and they are helping our clients do the same

Nailing The End Of The Year: Financial Tips and Wellness Hacks for Business Owners

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It’s the final stretch of the year, autumn leaves are falling, Christmas is in every shop and we’re all on the home straight for some much-needed time off. 

 

However, as the days get shorter, the to-do list seems to get longer and the level of exhaustion for business owners is higher than ever.

 

Fear not though, we’ve got your back! 

 

In this blog post, we’re diving into nailing the end of the year with finance tips and wellbeing hacks that will help you as a business owner.

 

So, grab your favourite mug of motivation (we won’t judge you on the contents), kick back and let’s tackle the end of the year together.

 

Financial Tips To Nail The End Of The Year 📈

 

 

  • Reflect and Review ✍️

 

What worked well for your business this year? What could use some attention? By understanding where you’re at, you can be in a strong position for 2024.

 

  • Look at your numbers 👀

 

Now you’ve reviewed what has worked for you this year and what hasn’t, see exactly where you are financially – Reconcile your bank, review your profit and loss (if this sounds like gibberish, that’s okay and what we’re here for), assess your cash flow, and identify any outstanding invoices. This will help you going forward.

 

  • Tax 101 🔢

 

Nobody likes surprises, especially when it comes to taxes. Stay one step ahead by reviewing your current tax situation. 

 

And make sure to check with your accountant to uncover potential deductions and credits.

 

  • Check-in with your budget 🫰

 

Set realistic and achievable financial goals for the upcoming year. If you’re not sure where to start, speak with a financial planner/adviser or your accountant.

 

Wellbeing hacks for the rest of the year 🙌

 

 

  • The Power of Pause 👍

 

In the craziness that is the end of the year, it’s easy to forget to hit the pause button. 

 

Our solution? Remembering to breathe. We know this sounds ridiculous but when was the last time you actively stopped to take some deep breaths? 

 

Whether it’s literally sitting at your desk, on a short walk or during a meditation session, pausing for breath makes a huge difference. Your business will thank you for the renewed energy too.

 

  • Prioritise and Delegate 🤝

 

You’re not a one-person army. Identify tasks that can be delegated and trust your team to handle them. This not only lightens your load but empowers your team members to shine in their roles.

 

  • Celebrate Small Wins 🎉

 

Don’t overlook the small victories in the race to achieve big goals. Celebrate milestones, both personal and professional. It could be closing a significant deal, reaching a fitness goal, or simply mastering the art of inbox zero. Acknowledging these wins fuels motivation for the journey ahead.

 

  • Do something for you👌

 

When you run a business, you blink and it’s a new week. And before you know it, all you’ve done is work without taking any time for yourself. And on the run-up to Christmas, you can times this by 10, meaning you can seriously neglect yourself! Plan in time for you each week – Whether it’s the gym, a coffee date, dinner out or an early night with your phone off. Whatever makes you feel recharged.

 

If you want a fun way to make the end-of-year to-do list easier, try The Year-End Business Owner Checklist Game!

 

Create a checklist with tasks categorised by difficulty levels. As you tackle each item, score points and reward yourself when you reach a milestone. Go big on the prizes if you can and watch your todo list become easier!

 

There you have it – Nailing The End Of The Year: Financial Tips and Wellness Hacks for Business Owners

 

The end of the year can be crazy as a business owner but hopefully with these tips, you will feel better financially, mentally and just generally!

 

Remember, we’re always here if you need us.

 

Al & Led

 

In the meantime, here’s something for you…👇

 

  • Get the latest finance tips, business hacks, free resources, hilarity, memes and more by joining our monthly newsletter, ‘Sumthing To Say’ here.
  • Do you need your accounts taken care of for you? You can Book a Discovery Call here.



This is a picture of a desk set-up for a business owner who is going to use these For Business Owners During The Winter Months

6 Wellbeing Hacks For Business Owners During The Winter Months

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The winter months can be a difficult time – The days are short, cold and usually filled with a considerable amount of rain.

 

Throw in running a business to that wintery mix and it can all feel a bit heavy.

 

So, we have put together 6 wellbeing hacks for business owners during the winter months.

 

So, grab a brew and let’s get into it…

 

  1. Embrace Natural Light ☀️

 

With limited daylight hours, it’s essential to maximise your exposure to natural light. 

 

Position your workspace near a window to allow sunlight to filter in – This will help boost your mood and productivity. 

 

Even when you’re swamped with work, take short breaks outdoors during daylight hours to soak up some vitamin D. 

 

If natural light is scarce (which it often is in the UK this time of year), think about investing in full-spectrum light bulbs that mimic natural daylight, providing a similar mood-enhancing effect. 

 

  1. Stay Active 🏃

 

It’s often the last thing you want to do when it’s cold, dark (and probably raining), but physical activity plays a vital role in maintaining both physical and mental wellbeing. 

 

Despite the temptation to hibernate, try and incorporate regular exercise into your routine. 

 

Engage in activities you actually enjoy, such as walks, yoga, or indoor workouts to make it easier.

 

Exercise not only boosts your energy levels but also reduces stress, improves focus, and enhances your overall mood. 

 

  1. Prioritise Sleep 😴

 

Quality sleep is vital for good health. 

 

During the winter months, ensure you establish a consistent sleep schedule and create a sleep-friendly environment. 

 

Keep your bedroom cool, dark, and quiet, and establish a relaxing evening routine that works for you.

 

Avoid electronic devices and stimulating activities before bed too, as they can interfere with your sleep quality (this absolutely means no work!) 

 

We know as adults this sounds like a pipe dream, but try and aim for 7-9 hours of uninterrupted sleep each night.

 

  1. Nourish Your Body 🥑

 

Maintaining a healthy diet is crucial for supporting your immune system and overall wellbeing during winter – As tempting as it is to get cosy with various takeaways after a long day!

 

Stay hydrated by drinking plenty of water, herbal teas, and warm beverages too. 

 

  1. Manage Stress 💆‍♀️

 

We realise this is easier said than done.

 

But the winter season often brings added stressors, both personally and professionally. 

 

To help manage stress, here are a few things we like to do:

 

  • Have something once a week that is just for you – A gym class, coffee/beer with friends or family, or some time where you watch Netflix and do nothing else.
  • Practice deep breathing exercises or journaling.
  • Set realistic goals and prioritise tasks to avoid overwhelm.
  • Delegate responsibilities where possible and reach out for support from your team or business networks. 
  • Remember to schedule regular breaks and engage in activities that bring you joy and relaxation throughout the day.

 

  1. Create a Supportive Network 🤝

 

Surrounding yourself with a supportive network is essential for your wellbeing as a business owner. Having your own business is great and all but it’s also super stressful and often lonely. 

 

Sure, you can talk to family and friends but if they aren’t self-employed too, they may not get it (understandably!)

 

Try and connect with fellow business owners, join industry groups, or seek mentorship opportunities. 

 

Engage in networking events or online communities to share experiences, gain insights, and find encouragement. 

 

Building a strong support system provides a safe space and is also a way of reassuring yourself that whatever you’re feeling, you can pretty much guarantee every other business owner is too.

 

There you have it – 6 Wellbeing Hacks For Business Owners During The Winter Months

 

As a business owner, caring for yourself during the winter months is vital for maintaining productivity, happiness, and overall wellbeing. 

 

By embracing natural light, staying active, prioritising sleep, nourishing your body, managing stress, and creating a supportive network, you can go all John Snow and show winter who’s in charge (If you know, you know).

 

Remember, taking care of yourself is not only essential for your own wellbeing but also for the success of your business, so never feel guilty for it either.

 

Here if you need us.

In the meantime, here’s something for you…👇

 

  • Get the latest finance tips, business hacks, free resources, hilarity, memes and more by joining our monthly newsletter, ‘Sumthing To Say’ here.
  • Do you need your accounts taken care of for you? You can Book a Discovery Call here.

 

Al & Led



This is a photo of Alex looking relaxed as he has achieved work-life balance using the 7 strategies detailed in this blog

The Art Of Work-Life Balance: 7 Strategies For Business Owners to Have Both

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We understand the juggling act of running a business. It can feel like trying to keep all of the contents of your house in the air, whilst on a unicycle, whilst on fire…

And so running a business often means blurring the boundaries between work and personal life – Causing feelings of overwhelm, burnout and just general wanting to rock in a cornerness!

That’s why we want to share 7 valuable strategies to help you with your work-life balance. These strategies have helped us and, whilst work-life balance is still something we struggle with, we are much better now at ChadStone than we were.

Let’s get into it…

 

1) Prioritise Self-Care👌

 

 

In the fast-paced world of being a business owner, self-care often takes a backseat. 

 

However, neglecting your wellbeing can have serious consequences on your overall performance and happiness.

Make self-care a non-negotiable priority – Set aside time for activities that recharge you each day, whether that’s exercise, meditation, reading, or spending quality time with loved ones. Remember, by taking care of yourself, you’re also taking care of your business. 

2) Establish Clear Boundaries🙅

 

 

One of the biggest challenges for business owners is setting boundaries between work and personal life. 

 

Start by defining specific work hours and commit to sticking to them as much as possible. 

 

Communicate those boundaries to your clients, team, and family members, so they understand when you are available and when you need time for yourself. 

 

By creating clear boundaries, you’ll reclaim control over your schedule and reduce unnecessary stress. 

3) Delegate and Outsource 👋

 

 

As a business owner, it’s tempting to take on every task yourself. However, embracing the power of delegation and outsourcing can be a game-changer for work-life balance. 

 

Identify tasks that can be effectively handled by others and consider hiring freelancers, virtual assistants, or professionals in areas where you need support. 

 

Delegating responsibilities not only frees up your time but also allows you to focus on high-value activities that drive your business forward. 

4) Embrace Technology 🖥️

 

 

In 2023, there is no reason why technology can’t be a powerful ally in achieving work-life balance. 

 

Leverage productivity tools, project management software, cloud-based accounting systems and communication platforms to streamline your workflows and improve efficiency. 

 

By finding and using the right technology, you can gain more freedom and flexibility in managing your business. 

5) Learn to Say No 🙌

 

 

This one is wayyyy harder than it sounds, we get it!

 

As a business owner, it’s natural to want to seize every opportunity that comes your way. 

 

However, saying “yes” to everything can quickly lead to overwhelm. Instead, evaluate opportunities and prioritise those that align with your goals and values. It’s okay to decline requests or delegate tasks when necessary. By saying “no” strategically, you’ll have more time and energy to focus on what truly matters. 

6) Choose good people – You deserve it 👍

 

 

Surround yourself with a strong support network that understands and encourages your pursuit of work-life balance. Seek out like-minded business owners, mentors, or business groups that provide a safe space for sharing experiences and insights. 

 

These relationships can offer valuable guidance, accountability, and empathy during both the highs and lows of being a business owner. 

7) Plan for Regular Breaks ☀️

 

 

Taking regular breaks is essential for recharging and maintaining productivity. Schedule short breaks throughout the day to stretch, recharge, or engage in activities that energise you. 

 

Additionally, plan for longer breaks, such as holidays or extended weekends, to properly disconnect from work and rest. By intentionally incorporating breaks into your schedule, you’ll return to your business with renewed focus and clarity. 

 

There you have it – The Art Of Work-Life Balance: 7 Strategies For Business Owners to Have Both

 

We believe that work-life balance is a necessity for sustainable success. 

 

By prioritising self-care, setting clear boundaries, delegating, leveraging technology, learning to say no, having good people in your corner, and planning for regular breaks, you can achieve a much better work-life balance. 

 

Also, be mindful that work-life balance is an ongoing journey, so don’t beat yourself up if you don’t nail it straight away or struggle to be consistent with it.

 

Take care of yourself and know that you deserve a healthy work-life balance even though you run your own business.

 

This mindset shift is something we all need to work on together and hopefully then, it won’t feel so alien to us!

 

We hope these 7 strategies help and if you have any questions or need further support when it comes to your business get in touch.

 

​​In the meantime, here’s something for you…👇

 

  • Get the latest finance tips, business hacks, free resources, hilarity, memes and more by joining our monthly newsletter, ‘Sumthing To Say’ here.
  • Do you need your accounts taken care of for you? You can Book a Discovery Call here.

 

Take it easy.

Al and Led



The ChadStone team looking happy because they have got their self-assessments done early and so have their clients because they followed their ultimate self-assessment guide

The Ultimate Guide to Self-Assessments

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It’s that time of year again when we gather to discuss everyone’s favourite topic…self-assessments. 

 

“But guys, the self-assessment deadline for the 2022/23 tax year isn’t until the 31st of January 2024?!”, we hear you already start to procrastinate 😉

 

That is true. That is the ABSOLUTE deadline before you get fined.

 

This is why in this blog, we want to give you the ultimate guide for getting your self-assessment done, whilst also giving you some game-changing reasons why you should get it done early.

 

Let’s get into it…

 

The Ultimate Guide to Self-Assessments

 

What is a self-assessment anyway?🤷

 

A self-assessment is your opportunity to report your income, expenses, and any applicable tax reliefs to HM Revenue and Customs (HMRC). Think of it as your financial Dear Diary for the year and HMRC is your older sibling who is going to read it and use it to their advantage. 

 

We’re kidding, HMRC are lovely…

 

The tax year runs from 6th April one year, to the 5th of April the next. So, for the 2022/23 tax year, it runs from 6th April 2022 to 5th April 2023.

 

Who are self-assessments for?👇

 

Here’s a lovely little screenshot from the HMRC website for you.

Screenshot from the HMRC website detailing who needs to complete a self-assessment

 

If you are unsure whether you need to do one, you can either ask us, or there is a way to check on the HMRC website here.

 

What goes into a self-assessment?📋

 

There are two sections to a self-assessment tax return, the main section and the supplementary sections. The main section is the SA100, which deals with:

  • Taxed and untaxed income in the form of dividends and interest
  • Benefits, including State Pension, Child Benefit and Blind Person’s Allowance
  • Charitable donations
  • Pension contributions

 

If you have income to declare as any of the following, you’ll have to fill in a supplementary page:

  • From self-employment
  • Property
  • Company director
  • Capital Gains 
  • From abroad
  • Or a foreign national

 

In this section, you should also declare any allowable expenses, which will be deducted from your tax bill.

 

For more information on what expenses are allowable, give us a shout.

 

Okay, now we’ve covered the basics of self-assessments, let’s look at how you can make your life easier when it comes to sorting yours.

 

  • Gather Your Documents (And for bonus points, track them throughout the year)📁

 

To tackle your self-assessment successfully, you’ll need to gather the necessary documents. 

 

This will include things like your P60, any relevant receipts, invoices, and bank statements. 

 

If you gather these throughout the year, future you will be a big fan. If you haven’t even thought about it yet, start now so it’s not a last-minute panic.

 

  • Review Your Income Sources📈

 

Now you’ve got them all together, take the time to evaluate all of your income sources, including employment, self-employment, rental income, dividends, and interest. Make sure you have all the necessary information, such as pay slips, invoices, and statements, to accurately report your earnings. 

 

This will make your life easier when it comes to completing your self-assessment tax return.

 

  • Get those deductible expenses in👌

 

This is where the sweetness of tax relief comes in!

 

Allowable expenses include things like business costs, professional subscriptions, travel expenses, and charitable donations. 

 

Keep track of your receipts and make a note of each expense’s purpose and relevance to your work or business. This will ensure you don’t miss out on potential tax savings and who doesn’t want those?

 

  • Check for Tax Reliefs and Allowances👍

 

Don’t forget to explore available tax reliefs and allowances as these can significantly reduce your tax liability. 

 

Examples include: 

 

  • The Marriage Allowance
  • The Personal Savings Allowance
  • The Annual Investment Allowance. 

 

Researching and understanding these opportunities can save you money and make the self-assessment process more rewarding. 

 

  • Use Online Tools 🖥️

 

HMRC provides online tools and resources to simplify the self-assessment process. Consider using their Self-Assessment Online service or reputable tax software to complete your return accurately. 

 

These tools often provide step-by-step guidance and calculations, reducing the chances of errors and ensuring compliance with tax regulations. 

 

  • Bring in the big guns💪

 

If the self-assessment process feels overwhelming (we get it) or you have complex financial circumstances, don’t hesitate to seek professional help. 

 

An experienced accountant can provide personalised advice, ensure accurate reporting, and help you identify additional tax-saving opportunities. Their expertise can save you time and could reduce your tax bill. 

 

And luckily for you, we know a good one 👀

 

So, that’s the basics of a self-assessment covered, alongside the best ways to complete a return. Now, here are the benefits of doing it early…🤩

 

  • Less stress – December and January are mental enough without throwing a self-assessment into the mix. Get it done early and feel super smug later when other people are flapping.
  • More cost-effective – By doing it early, you’ll know what you owe sooner (if you do owe anything). That way, you can plan your budgeting for the year and pay your tax bill in instalments if you need to – You can also get help if you find you can’t pay.
  • You could get paid quicker – On the flip side, you can find out sooner if you’re owed a refund – and you’ll get it sooner too. That would be a sweet way to end the year.
  • More chance of getting support – If you’re doing it yourself then HMRC phone lines get horribly busy in the run-up to the self-assessment deadline in January. And if you want to use an accountant, they will not appreciate you leaving it until the last minute and may charge you an additional fee for doing so.
  • Your accountant will be your best mate – Speaking of accountants, yours will love you very much for getting it done early. Make your accountants’ Christmas by not making them have to work because you are so organised and wonderful.

 

There you have it – The Ultimate Self-Assessment Guide.

 

If you have any questions about any of this, give us a shout. We’d be happy to help so long as you haven’t left it too late 😉

 

In the meantime, here’s something for you…👇

 

  • Get the latest finance tips, business hacks, free resources, hilarity, memes and more by joining our monthly newsletter, ‘Sumthing To Say’ here.
  • Do you need your accounts taken care of for you? You can Book a Discovery Call here.

 

Take it easy.

Al and Led

This is a picture of ChadStone's directors Al, Rob and Dave looking happy as they use the tips in this blog to not only survive the summer holidays as business owners, but enjoy them

Summer Holidays Survival Guide – Everything You Need In Your Arsenal As A Business Owner

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Ah, summer holidays – the time for sun, cold beers and relaxation… Or, for a lot of business owners, it’s sorting holiday cover, quiet periods and the children being off school.

 

But it’s okay. This summer is going to be different. This summer, you’re going to enjoy yourself, your business is going to be successful and you WILL get that cold drink of choice in the sun.

 

As business owners, managers and parents here at ChadStone, we have put together our own Summer Holidays Survival Guide. We’ve put together everything you need in your arsenal to not only survive the summer holidays, but enjoy them! 

 

Summer Holidays Survival Guide – Everything You Need In Your Arsenal As A Business Owner

 

  1. A pin 📌

 

During the summer, business can slow down a bit and that’s okay. Everyone is trying to juggle everything and so it’s going to impact things.

The pin is in your arsenal to release the pressure you are putting on yourself to keep running at a million miles an hour.

 

Instead, shift your mindset. If things are a bit quieter, embrace it and use it to: 

 

  • Get on top of the tasks that always get put to the side but linger in the back of your mind. 
  • Prepare for when it picks up to make your life easier.
  • Embrace the quieter period and take this opportunity to recharge.

 

  1. Permission to delegate👌

 

If you are lucky enough to have a team, trust and empower them to be exactly that – Your team. They’ve got your back. You hired them for a reason so let them do what they are more than capable of and free yourself up. Use that free time to take a holiday, catch up on work or both.

 

If you work by yourself, you can still have a team to support you. Reach out to freelancers, a VA or service providers to support you where you need it.

 

  1. Software 🖥️

 

Summer is the perfect time to automate repetitive tasks and streamline your processes. From social media scheduling to email automation, embrace the power of technology to take things off your plate.

 

  1. An ‘Out Of Office’👋

 

Set clear boundaries by scheduling specific times to check and respond to emails. Consider setting up an auto-reply with a touch of humour, letting people know you’re enjoying some Vitamin D and will get back to them soon. Remember, you’re in control of your inbox, not the other way around.

 

  1. Time off (Actually off!)☀️

 

Yes, we said it. Take an actual break! 

 

Schedule some time off, unplug and enjoy the summer holidays guilt-free. Trust us, your business will survive, and you’ll return with a fresh perspective and renewed energy. Remember, even the most successful business owners need to recharge their batteries.

 

  1. An ‘Is what it is’ mentality 👍

 

The summer holidays also mean the kids are at home. As parents ourselves, we totally get the carnage that comes with this! 

 

What we must remember as business owners are two things:

 

  1. If you have children, so do a lot of other business owners so you aren’t alone in trying to survive and juggle everything. People understand and are right there with you.
  2. If you don’t have children, a lot of other business owners do so you can take the pressure off yourself if things are slower than usual. It’s 6 weeks of chaos and then business will resume as normal.

 

If you do have children, here are some tips we’ve found helpful when trying to juggle parent guilt and business owner guilt:

 

– Create a Child-Friendly Work Area 🤖

 

Set up a designated workspace where your little ones can be like you. Provide them with colouring books, crayons, and mini laptops (or toy tills) so they can join in on the fun. 

 

– Plan Fun Activities ⚽

 

Take breaks throughout the day to engage in fun activities with your children. Whether it’s a water balloon fight, a picnic or a walk, these moments will create lasting memories and give you a chance to recharge before diving back into work.

 

– Involve your children in your business ☎️

 

Teach your children about your business and let them be part of it. Give them small tasks like designing a new logo, brainstorming ideas, or even helping with simple administrative tasks. Who knows, they might come up with something you haven’t even thought of!

 

– Set boundaries and feel no guilt 🙅‍♂️

 

If you’re working, do so with minimal interruption and guilt-free. You can’t spend the entire summer holidays with them and that’s okay.

 

Equally, if you’re parenting, do so with minimal interruption and guilt-free. Your business will be okay and that email can wait until tomorrow.

 

Remember, having the kids at home during the summer holidays can be both a blessing and a challenge…

Embrace the joy, laughter, and occasional meltdowns, and use it as an opportunity for family time. One major bonus of being a business owner is the flexibility that allows you to create meaningful memories with your family, while still managing to get work done.

 

There you have it – Summer Holidays Survival Guide – Everything You Need In Your Arsenal As A Business Owner

 

We hope this helps you have an awesome summer. Remember that you deserve to enjoy it – Your business and team are more resilient than you think and being a parent and a business owner is hard. You deserve an ice-cold drink in the sun, guilt-free 🍻

 

We’re also here all summer if you need us. We are all on holiday at some point because #boundaries but there will always be some of us in the office.

 

Happy summer!

In the meantime, here’s something to help…👇

 

  • Get the latest finance tips, business hacks, free resources, hilarity, memes and more by joining our monthly newsletter, ‘Sumthing To Say’ here.

 

Take it easy.

Al and Led

Mid-Year Business Review: The Finance, Business and Wellbeing Tips You Need

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Can you believe we’re halfway through the year already? Time sure flies when you’re having fun, or you’re a crazily overworked business owner…Whichever fits.

 

Halfway through the year is a good time to take a breather and look at where you’re at and where you’re going.

 

We’ve got some finance, business and wellbeing tips to make you feel better about the past 6 months and actually excited for the next 6 months.

 

But first? Grab a coffee and take these next couple of minutes for yourself ☕

Mid-Year Business Review: The Finance, Business and Wellbeing Tips You Need

 

Finance Tips: Facing The Fear 😱

 

A lot of the time, the finance side of business is left to last or avoided because of the fear attached to numbers. 

 

We understand why people feel this way but we are here to show you that numbers are not scary. Even if they aren’t where you want them, the cool thing about numbers is they are factual and so you know exactly where you’re at. We’re then here to help you get to where you want to be.

 

Here are some finance tips you can start with during your mid-year review to face the fear and feel better about your numbers.

 

  1. Celebrate Wins and Analyse Losses 📈

 

Take a moment to list your wins and actually write them down. As a business owner, time does seem to hit fast forward and it’s easy to feel like you’re not getting anywhere. However, we bet you a tenner that when you write down all your wins, you’ll be surprised by how many you have.

 

Once you’ve done that, take a look at your numbers and areas where improvements can be made. No idea where to start with this? That’s totally okay. Book a meeting with us and we will go through it with you.

 

  1. Budget Check-In👌

 

Review your budget and ensure it aligns with your business goals. Consider any changes in expenses, unexpected costs, or opportunities for investment. We’re here to help you fine-tune your financial roadmap and make the most of your resources.

 

  1. Cash is king 👑

 

This is a rule to live by. Keeping a healthy cash flow is key for success but it’s an overwhelming area for a lot of business owners. 

 

We challenge you to look at your invoices, payment terms, and outstanding balances and think about ways these can be improved – Starting with creative ways to incentivise prompt payments to help take the pressure off.

 

Business Tips: Stopping the overthinking spiral 😪

 

As a busy business owner, you probably hear mid-year reviews and don’t feel all that positive about it. You have a million things to do and not enough time to do them as it is. But this is where review sessions get made overly complicated and corporate. 

 

You don’t need to have your 5, 10 and 15-year goals mapped out and mounted in gold lettering above your desk. You just need to know where you’re at and what you’re heading for by the end of 2023, and a way to do that is by putting some energy into the following three areas.

 

  1. Goal Review 🥅

 

If you have your 2023 goals already mapped out, assess where you are in relation to them. Are you on track? Have they changed or need changing?

 

If you haven’t got any goals written down for 2023, get some down. Again, don’t overthink this. Start by breaking your business down into sections and make a goal for each. For example, you could make a sales goal, a productivity goal, a team goal and a personal development goal. 

 

If you’re struggling, we can help you realign your focus and set achievable milestones for the remainder of the year. 

 

  1. Marketing Plan📱

 

Halfway through the year is a good time to look at your marketing and get creative.

 

Brainstorm fresh ideas to reach your target audience and show people what you’re made of. Think about anything you are doing with your business between now and the end of the year and build a strategy that supports those offerings and lets people see what you’re up to.

 

  1. Team Time

 

The good news here is you don’t have to wait for your Christmas do to celebrate each other and have time together. As we’re halfway through the year, book some time in the diary to do something together outside of work. Not only will this give you all the break you deserve, it will boost employee morale, which goes a long way. 

 

Wellbeing Tips: Stopping the guilt around this 🥴

 

As a business owner, it’s all too easy to neglect yourself. Each time you go to take your foot off the pedal, there’s a part of you that thinks there’s always something you should be doing. 

 

And that part of you is right, there is something you should be doing… And that’s resting. 

 

Without sounding cheesy here, rest is productive. It’s also essential if you want to be a good business owner.

 

If you struggle to take time away from your business and take time for yourself, try these three tips.

 

  1. Self-Care for the Win 🌳

 

As a business owner, it’s easy to put everyone else’s needs before your own. But remember, you can’t pour from an empty cup. Take time to look after your physical and mental wellbeing, whatever that means for you. Whether it’s a yoga class, a nature walk, or simply enjoying a guilt-free Netflix binge, prioritise self-care and recharge your batteries guilt-free.

 

  1. Work-Life Balance Dance 💃

 

Finding that sweet spot between work and personal life is essential. Set boundaries, delegate tasks, and create a schedule that allows for quality time with loved ones and hobbies.

 

If you’re struggling here, we’d recommend getting yourself a solid morning and evening routine and calendar blocking your working day.

 

  1. Connect and Collaborate 🤝

 

Surround yourself with a supportive community of fellow business owners – it helps! 

 

Attend networking events (we know a good Book Club…), join industry groups, or engage in online communities. Sharing experiences, challenges, and victories with like-minded individuals will not only boost your business but also provide a network of support and friendship.

 

There you have it – Mid-Year Business Review: The Finance, Business and Wellbeing Tips You Need.

 

Which tips are you going to try first? Are there ones you do already? Do you have any of your own favourites for us? Let us know.

 

In the meantime, here’s something to help…👇

 

  • Get the latest finance tips, business hacks, free resources, hilarity, memes and more by joining our monthly newsletter, ‘Sumthing To Say’ here.

 

Take it easy.

Al and Led



This is a picture of the whole ChadStone team looking happy because they take breaks from work and have a healthy work-life balance

4 Benefits of Taking a Break: Why It’s Okay to Step Away from Your Business

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The life of a business owner can feel like it never stops. Society has over-glamourised this busy culture of always ‘hustling’, ‘grinding’ or any of those other buzzwords that make you feel a bit nauseous…

 

But the truth is, stepping away from your business is not only okay, it’s essential.

 

In this month’s blog we want to help you curb the guilt when it comes to taking time away from your business, explain why it’s needed and give you some tips on how to do it.

 

4 Benefits of Taking a Break: Why It’s Okay to Step Away from Your Business

  • Taking a break can help you avoid burnout. 

 

Burnout can leave you feeling drained, unmotivated, and even depressed. It’s so common among business owners as you don’t really ever switch off. 

 

The good news is, you don’t need to completely forget about your business in order to avoid burnout, you just actively need to take breaks from it.

 

Taking a break allows you to recharge your batteries and come back to your work with a fresh perspective. It’s a bit like hitting the reset button on your brain.

  • It can actually make you more productive. 

 

We get it. It feels counterintuitive. But hear us out. 

 

When you’re working all the time, your brain can get stuck in a rut. You start to approach problems the same way every time, and you stop coming up with new ideas. Taking a break, whether it’s a walk around the block or a week-long holiday, can help you break out of that rut and come up with fresh ideas. 

 

Plus, when you come back to work, you’ll be more focused and energised, which means you’ll get more done in less time.

  • It can save you money

 

When you’re working non-stop, it’s easy to get tunnel vision. You’re so focused on the task at hand that you don’t see the big picture. This can lead to mistakes that could cost you time, money, and even your reputation. 

 

Taking a break can help you step back and see things from a different perspective. It can help you catch mistakes before they become big problems.

  • Taking a break from work can improve your personal life

 

When you’re always working, it’s easy to neglect the people in your life. Whether it’s your spouse, your kids, your friends or yourself, they all deserve your time and attention. 

 

Taking a break can help you reconnect with the people you care about and having this quality time allows you to feel better in yourself. 

 

And if you’re in a good place, your business will be too.

 

How to actually take a break from your business

 

Now, we know what you’re thinking. “But I can’t take a break! I have too much work to do!”

 

Trust us, we get it. As business owners ourselves, we know how hard it can be to step away from your business. But there is an important mindset shift you can make to make taking a break much easier…

 

Taking a break is not a sign of weakness. It’s a sign of strength. 

 

It takes courage to step away from something you’re passionate about and trust that everything will be okay. But it will be. Your business will still be there when you get back, and you’ll be better equipped to handle it.

 

So, how do you take a break? 

 

Well, that’s up to you. 

 

It could be anything from actually taking your lunch break or going for a walk every day, to working a 4-day week or booking a holiday. 

 

If you’re nervous about taking a break, start small. Aim to finish at 4pm instead of 5pm. Book next Friday off and have a long weekend.

 

The break you take doesn’t matter so long as it is a break. This means:

 

  • No emails (if you have the app on your phone, delete it)
  • No work talk (unless your business is on fire, no one is to contact you about it. If you have a team, they’ll protect you. If you’re on your own, put your Out Of Office on. You’re entitled to time off too).
  • No ‘I’m just’ – It’s all too easy to say, ‘I’ll just send this email/ make this phone call/ check my LinkedIn, sign off this invoice. It’s hard but don’t let yourself and remove anything from your personal phone that could make it too easy.
  • No guilt – You probably will feel guilty to start with and that’s totally normal. Just remind yourself that your business is only good if you’re good and that you having a break actually supports your business in the long run.

 

So, there you have it – 4 Benefits of Taking a Break: Why It’s Okay to Step Away from Your Business

 

Taking a break is not only okay, it’s essential to your success as a business owner. 

 

It can help you avoid burnout, increase your productivity, avoid costly mistakes, improve your relationships, and ultimately, help you achieve your goals. So, go ahead. Take a break. You deserve it. And who knows? It might just be the best thing you ever did for yourself and your business.

 

In the meantime, here are some other things to help…👇

 

  • Come along to our latest informal networking event, here.
  • Get the latest finance tips, business hacks, free resources, hilarity, memes and more by joining our monthly newsletter, ‘Sumthing To Say’ here.

 

Take it easy.

Al and Led



This is a picture of the ChadStone team looking happy at work and not overwhelmed

3 Surprising Ways To Stop Feeling Overwhelmed In Your Business

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We’re about to enter month 5 of 2023?! Time is racing by, we’re a month into Q2 and the sense of overwhelm can be…well…overwhelming.

 

And whilst there are many ways out there designed to help manage the overwhelm that comes with being a business owner, here are 3 surprising ways we’ve found to be effective!👌

 

3 Surprising Ways To Stop Feeling Overwhelmed In Your Business

 

  • Get outside🌳

 

“And step away from my desk?! Do you not get I’m drowning in work?!”, we hear you shriek.

 

That right there is the reason to get outside. How many times do you get offered something nice for you – A walk, going for a coffee, finishing early, etc, and you don’t have time?

 

When we feel overwhelmed with work, the least plausible thing seems to be to take a break but it is the best thing we can do.

 

Having a break when you’re overwhelmed can:

 

  • Restore energy 
  • Restore mental resources 
  • Decrease the development of fatigue, sleep disorders and cardiovascular disease*

 

*(Check out The Wellbeing Thesis for more information – https://thewellbeingthesis.org.uk)

 

So, where do the outdoors come in? We’re glad you asked.

 

As well as being a lovely way to have a change of scenery and some fresh air, getting outside has so many more benefits, such as:

 

  • Increases empathy and cooperation
  • Boosts happiness and resiliency
  • Sharpens focus and attention
  • Improves blood pressure and cholesterol levels
  • Strengthens your immune system
  • Significantly lowers stress
  • Reduces depression and anxiety*

 

* (Check out Nurtured by Nature for more information – https://bit.ly/3n2nA3H) 

 

So yeah, as you can see, getting outside is a great way to reduce overwhelm in your business.

 

  • Adopt the ‘Fresh Start Effect’👍

 

The fresh start effect is what happens pretty much every New Year or each time you have a birthday. It’s that supercharged feeling you get when it feels like you have a clean slate. You feel like you can take on the world and 47 new daily habits.

 

We don’t advise that but we do advise a shift in your mentality.

 

You see, the fresh start effect is purely a mental game – You don’t need to wait until the end of the year or your birthday to have a fresh start. You can start today. 

 

From today you can be like, ‘I choose not to let overwhelm take over in my business’.

 

That doesn’t mean you need a complete fresh start within your business (hold fire on that rebrand!). It simply means you can have a fresh start mindset when it comes to overwhelm.

 

Start by acknowledging that you’re feeling overwhelmed and don’t beat yourself up over it. 

 

Then, you can choose to do what you can to help with those feelings. Starting with adopting the fresh start effect.

 

  • Use productivity as a tool, not a way of being🔧

 

We’ve all done it. We’ve fallen into the trap of seeing productivity as the ultimate way to win at life. We try and optimise every minute of every day and feel guilty if we aren’t being “productive”.

 

Instead of seeing productivity as a lifestyle, see it as a tool to help you use a set amount of time in the most efficient way. 

 

Because the thing is, research shows we can only concentrate on tasks for about 5 hours a day.*

 

* (Check out Wired for more information http://bit.ly/40x7v3D) 

 

So, instead of seeing productivity as a way of being, see it as a way of maximising 5 hours a day.

 

We’re not expecting you to reduce your office day down to 5 hours each day off the bat. 

 

However, using those 5 hours in the most efficient way frees you up to get outside, go for that coffee or finish early if you’d like, knowing you got the big stuff done that day.

 

Plus, who knows, you may just find your office days could reduce over time…

 

There you have it – 3 Surprising Ways To Stop Feeling Overwhelmed In Your Business

 

We hope they help and that you are already feeling less overwhelmed.

In the meantime, here are some other things to help…👇

 

  • Come along to our latest informal networking event, here.
  • Get the latest finance tips, business hacks, free resources, hilarity, memes and more by joining our monthly newsletter, ‘Sumthing To Say’ here.

 

Take it easy.

Al and Led



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Hadley Park East
Telford
Shropshire
TF1 6QJ

01952 292729 [email protected]
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