Wednesday, 20 July 2016

MANAGING YOUR BUSINESS WHILE ON VACATION



MANAGING YOUR BUSINESS WHILE ON VACATION
The act of an entrepreneur in managing his business while on vacation is one of the many challenges he faces. The fear of losing his business and the customers, are the challenges that made him to think twice before leaving his business for vacation. This is because he has been working hard to keep his business on the right track of success. The uncertainty of whether the tasks set will be accomplished and that everything will run smoothly and efficiently while on vacation will be hard to be embraced. However there is need for relaxation to give the business owner the energy and clarity that he will need to keep the business on track; for ‘all works no play makes jack a dull boy’.
After proven and tested research, we were able to come up with some tips on how business can be managed and keep on track while the owner is on vacation.
Below are some strategies that can help when applied:
1.     Project events and tasks: an entrepreneur must think of certain events relating to his business that will occur within the period of vacation.
i.                    Need for any changing and updating; for instance does the time for ordering new stock, within the time, schedule for vacation?
ii.                  Meeting with client; understanding one of the meetings that require his unavoidable present and those that can be delegated.
Hence there is need to draw the map of events, so as to know how to go about them before embarking on vacation.
2.     Understanding your people: The entrepreneur must anticipate his staffs who will be managing his business while on vacation. There is need to determine the level of dedication of his employees when he is with them in regard to duties and responsibilities. Are the workers the type that need close monitory or those who can perform their tasks without been coarse?
However the employer must appreciate the ability of his employees to handle challenges that may occur in the course of the business when he is not around. When the employer is assured of this, he can worry less about leaving his business behind, but rather should start thinking about where to spend his vacation.
3.     Controlling in absentia: there is need to keep in touch with the business activities while on vacation. The employer can utilize various means of doing this, especially at this present high-tech world. One of this is the use of cell phone and e-mailing. He must always keep these available for easy communication between him and those he delegated his business to. This is because there are certain decisions his staffs cannot make without his consent and there are instructions only him can give. Apart from cell-phone and e-mailing, the employer can communicate face-to-face with his employees through Skye (as an employer it might also enable him to see what is going on in the office while on vacation).  It was Larry Ellison that says ‘…but even when I am on vacation, I am on email every day. Always prowling around the internet looking at what our competitors are doing’  
In conclusion, an entrepreneur must always ensure he stay in an area that is internet networked for easy access online. However the entrepreneur must know he is on vacation, ‘check in now and again’ then unplug and go enjoy himself.
Share the good news with friends on any of the social media and they will be glad you did.

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