New business owners face a lot of challenges. From marketing to accounting and everything in between, there’s a lot to keep track of. It’s no wonder that many small business owners feel overwhelmed by all the things they need help with. But you don’t have to do it alone.
If you are an aspiring entrepreneur wondering where you should allocate your human resources, or if you’re are wanting to find a way to help entrepreneurs solve their problem, this article will uncover the most common areas where business owners need some assistance.
5 Things Business Owners Need the Most Help With
1. Digital Marketing
You can’t be successful as a business owner if you don’t know how to market your business. You need to be able to use social media and other marketing tools, and it’s crucial that you market your business directly to your target audience.
It’s hard juggling the management of your business and social media because it takes time to learn trends and algorithms.
If you don’t have the time or knowledge to keep up with the latest trends, consider hiring a marketing professional such as a social media manager. They will know how to effectively leverage social media to improve your business.
2. Lead Generation
As a business owner, you need to be able to get more leads, which you can accomplish using online advertising. If you have an online presence and offer products or services, it’s time to start getting more business.
One way of doing this is with a great website. Ideally, you would hire a web designer who could use their experience and eye for design to create an attractive website that will garner traction from visitors and customers who are looking for what you have to offer them at this moment in their lives. Once they reach your site, they’ll want information about what makes up this product or service so they can make an informed decision on whether or not they want it. All of these details must be easy to find without having any issues along the way, such as broken links.
Once visitors come across something interesting on your page—whether through organic search results or paid ads—they will want to know more about it. This is where content comes into play. Content can be anything from a blog post or video that educates people on a specific topic or even just an infographic explaining how something works in simple terms. You need to have this type of content ready when someone lands on your page and wants more information about what you have available for them.
But website visits isn’t the only type of lead generation. Here are some other ways to find sales leads.
- Direct Mail
- Advertising and Sponsorship
- Referrals from partners and customers
- Public Relations and Press Releases
- 3rd Party Services including content distribution networks, lead brokers and lead generation agencies
3. Accounting/ Financial Management
When it comes to financial management, no one is more important than your accountant. It’s not even close. Without a good accountant, your company will fail. You may be thinking, “I know how to stay up to date with my checkbook and ensure everything adds up.”
That is all well and good, but to run a successful business, you need a professional who knows exactly what they are doing. If you want to get technical about it, specific accounting practices and financial management techniques are necessary for your company to stay afloat.
A good financial manager can help with many things such as payroll taxes or other aspects of accounting that might seem overwhelming at first glance but become less daunting when someone explains them in layman’s terms.
4. Finding the Right People to Hire
Hiring the right people is important to your business’s success. That’s why it’s important to know what you want in an employee and how to interview for a certain position effectively to ensure a role is filled by a perfect candidate.
Difficulty in finding the right people may stem from your business having a small team or growing fast. However, the more time you spend on hiring, the better chance you have of finding someone who will be successful from day one.
It’s often said that finding the right employees is more important than anything else in your company—more than marketing, more than sales, and even more than product development. That’s because when you hire someone who isn’t a good fit for your company culture, they will drag down everyone around them and make your goals harder to accomplish.
5. Administrative Support
A dedicated administrative support team is essential to managing the day-to-day tasks of your business. Things that can take up your time like answering emails, setting appointments, and even minor technical tasks, can be handled by a good administrative assistant. Finding good candidates for the role of administrative support can be challenging, and even harder to train and manage once hired.
You need to be clear about what qualifications you are looking for in a candidate. Do you need someone who can do many different things (such as bookkeeping and customer service)? Or are there specific tasks that would benefit from having someone dedicated to those specific tasks?
Once you know what role(s) you need to fill, search for administrative assistants with experience in that area. Ask them how they handled similar situations to the scenarios they will encounter while working for your business. They may not have experience working as an assistant in your industry, but chances are they will have relevant experience elsewhere.
Once you’ve found your perfect assistant, it’s important to give them a clear job description. This will help both of you understand what is expected of each other and make it easier for them to do their job.
The most important thing for any business owner to remember is that there are people who specialize in every part of a business. And if you don’t know where to start, take a look here!