It is all too common nowadays for business owners to venture into multiple trades. For instance, you may start out with one restaurant, only to end up with multiple restaurants, having an online presence as a motivational writer, speaker, life coach or all three. It is the common adage that when you grow across multiple platforms, you must not only change how you operate as an owner but also do it stress-free.
The larger your business grows, the more difficult it becomes to operate as a one-man team. The mistakes you make will be hard for your business. You will likely commit many mistakes if you don’t remain organized and stay at the top of your game. An entrepreneur with multiple businesses comes with extra responsibility and is no joke.
1. Write It Down
2. Don’t Make These Two Mistakes
3. Hire a Killer Team
4. Weekly Reports
5. Use the Same Physical Location to Run Both Businesses If Possible
6. Bring The Processes Of The Two Businesses Together as Much as Possible
7. Prioritize Tasks That Needs Your Attention
8. Try Not To Worry About The Small Stuff
9. Bring in Experts to Handle Certain Aspects of Your Businesses
Answers & Comments
Answer:
How to Run Multiple Businesses Successfully
Choose Projects Wisely. ...
Share a Location. ...
Schedule Your Days. ...
Track Your Time. ...
Leverage Your Assets. ...
Create Reports Regularly. ...
Hire the Right People. ...
Learn from Past Mistakes
Verified answer
Answer:
Multi Business Management
It is all too common nowadays for business owners to venture into multiple trades. For instance, you may start out with one restaurant, only to end up with multiple restaurants, having an online presence as a motivational writer, speaker, life coach or all three. It is the common adage that when you grow across multiple platforms, you must not only change how you operate as an owner but also do it stress-free.
The larger your business grows, the more difficult it becomes to operate as a one-man team. The mistakes you make will be hard for your business. You will likely commit many mistakes if you don’t remain organized and stay at the top of your game. An entrepreneur with multiple businesses comes with extra responsibility and is no joke.
1. Write It Down
2. Don’t Make These Two Mistakes
3. Hire a Killer Team
4. Weekly Reports
5. Use the Same Physical Location to Run Both Businesses If Possible
6. Bring The Processes Of The Two Businesses Together as Much as Possible
7. Prioritize Tasks That Needs Your Attention
8. Try Not To Worry About The Small Stuff
9. Bring in Experts to Handle Certain Aspects of Your Businesses