Why Taking a Holiday can Improve the Value of Your Business

Take some time off

Yes, you read that correctly. Plan to take some time out of your business. Now you might think that if I take some time out of my business, I might not generate income.

There are aspects of the business that will fall apart and could cost money. So, let’s add some context to what I just shared with you. When taking some time off there’s quite possibly going to be some cracks, some gaps, some breakdowns, but how you approach this makes all the difference. You need to take responsibility for these gaps and go to work on filling them while identifying what else could be missing.

Guess what happens next time you may want to take some time off? Ideally, the same situations won’t happen again, and you start to build a business that is less reliant on you personally being there every day.

The Plan

Now, let’s just rewind it a little bit.

Let’s say you gave yourself three months to get ready for taking a week or two off, and you set that as a goal.

You sat down with the key people on your team, and you said, guys, it’s important for me and my family to take some time off, because it helps keep me balanced. You’ve probably noticed I’ve been a bit cranky recently, you know, being short-tempered. That’s not who I want to be for you as a business owner. So, what I want is your support with me taking some time out, allowing you to do your best work without me being here every day.

So, let’s sit down, let’s map out a plan, and I’d love you to share with me which aspects of the business, we need to write some systems, some procedures, some checklists, and how we can practice putting these in place before I leave?

Can you see if you take this approach by being responsible for everything that shows up in your business, not just blaming people when things don’t go to plan, that you are able to work towards taking some extra time off.

Leading up to it, you’re going to have a business that can operate more efficiently without you.

 

Evaluation – What worked and what can be improved?

On the back end of your time off, you sit down with your team, and you evaluate what worked, what didn’t work, and if you were to do the two weeks again, what would you do differently?

It’s not hard to see how you now have an even more valuable business than before you went on holidays. Not only do you come back refreshed, recharged, energized, and ideally enthusiastic, but you are also creating an even better relationship with your family or whoever you are going away with, and most importantly, a better relationship with yourself.

If you want some support around putting structures in place to have a business that works for you, please be in touch.

Would you like to gain greater clarity and consistency in your trades business?

Let’s hit the ground running with a PERSONALISED BUSINESS PERFORMANCE SESSION

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    Diagnostic Tool

    Use a powerful diagnostic business tool, to understand the current reality

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    Identify the Obstacles

    Uncover the obstacles that may be holding you back from more profits, time and freedom

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    Action Plan

    Craft a realistic action plan to produce results in the next 6-12 months

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    Recommendations

    Gain recommendations specifically designed for a trades and construction businesses operating in Australia & New Zealand.

HOW PROTRADE UNITED HELPS
BUSINESSES LIKE YOURS

WHAT ARE OUR CLIENTS SAYING?

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Salmon Plumbing
John Salmon

"The fact that I know my business is running smoothly and it doesn't need me at every particular juncture means that I can take some time off for myself"

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What you’ll get in the complimentary 60 min session

Diagnostic Tool

Use a powerful diagnostic business tool, to understand the current reality

Identify the Obstacles

Uncover the obstacles that may be holding you back from more profits, time and freedom

Action Plan

Craft a realistic action plan to produce results in the next 6-12 months

Recommendations

Gain recommendations specifically designed for trades and construction businesses operating in Australia & New Zealand

Let’s Hit the Ground Running with a Business Performance Session
Would you like to gain greater clarity and consistency in your trades business? Book a complimentary ‘Business Performance Session´ with a trades business specialist and uncover what may be holding your business back.