(866) 480-2611

5 Reasons Taking a Vacation Can Actually Improve Your Business

Everyone needs a vacation to refresh their minds and rejuvenate their spirits, to heal their bodies and restore their vision of possibilities, but small business owners often worry that if they leave for a week or more, their business will suffer irrevocable damage.

 

Sometimes, too, it’s not the fear of things falling apart in their absence that stops a small business owner from going on vacation, but it’s something more subtle -- a subtle fear that when they return, they will have to work twice as hard to catch up on their backlog of to-do tasks.

 

As a result of these anxieties and concerns, a small business owner may continue to work hard and risk burnout, take only a short vacation, or go on vacation but continue to work while on vacation, staying in touch with the office by phone or through the Internet.
However, this reluctance to take a well-deserved vacation, may, in fact, not be the best decision. In fact, a study conducted by Intuit* showed that when small business owners took a vacation, 82 percent reported that they were much more effective at their jobs when they got back. Moreover, according to Christine Hohlbaum who wrote The Power of Slow: 101 Ways to Save Time in Our 24/7 World, foregoing a vacation can also hurt the company.

 

1. A small business owner will be more likely to be highly productive upon their return.

 

When small business owners get a chance to go on vacation, they “charge their batteries.” A vacation is a chance to rejuvenate, to rest the mind and heal the body from the stresses and strains of running a business. Consequently, upon returning to work, the small business owner is much more likely to have a lot more mental and physical energy available to pour into the business. A refreshed perspective results in higher productivity.

 

2. A small business owner will develop new ideas on how to improve the business.

 

While on vacation, it is highly likely that the small business owner will be able to see the business from a whole new perspective. Consequently, it is entirely possible that this quiet time will lead to more creative ideas on how to run the business much better.

 

3. Key staff will learn leadership and independence.

 

Usually, when a small business owner is working on his or her business, he or she is making the most important decisions. By delegating the administrative work to key staff members, these executives now learn more about how to relate to vendors, employees, neighboring establishments, and even outsourcers. They learn to lead, think, plan, and problem solve. In essence, they are given room to become much better at the work that they do. Instead of following orders, they are now forced to take the initiative.

 

4. Employees will develop more collaboration.

 

Since employees are now on their own, they will work more closely with each other to figure out how tasks should be done. Previously, they could rely on the boss to give them clear directions. This collaboration will often lead to developing a productive team spirit.

 

5. Setting a positive precedent.

 

When a small business owner leaves on a vacation, this sets a new tone in the company. The boss is making quite clear that a life-work balance is possible for everyone in the company. This gives those employees who tend to turn down vacations to start accepting them. After all, if the boss can go on vacation, then, when their time comes, it’s permissible for them to go on vacation, too. The result of this less pressured attitude is that the company will have rested, productive staff and workers instead of people pushing themselves to the brink of exhaustion.

Categories

Accounts Receivable
Bad Credit Business Loan 1
Bad Credit Business Loans
Bank Loan
Borrowing Money
Business Capital
Business Cash Advances
Business Debt
Business Equity
Business Financing Services
Business Leadership
Business Line of Credit
Business Loan
Business Loan Bad Credit
Business Loans
Buying Equipment
Cash Flow
Child Care
Construction
Construction Factoring
Credit Card Factoring
Credit Reports
Credit Utilization
Equipment Finance
Equipment Leasing
Equipment Purchase
Factoring Accounts Receivable
Flexible Factoring Options
Franchise Funding
Franchising
Freight Factoring
General Finance
Green Business
Hardware Stores
Industry Specific Articles
Landscape Contracting
Late Fees
Medical Accounts Receivable
Medical Supply Providers
Merchant Advance
Merchant Cash Advance
Merchant Cash Advance Loans
Merchant Finance
Merchant Loan
Mobile Payment Solutions
New York Business Loan
Press
Real Estate Management
SBA Loan
Small Business
Small Business Credit
Small Business Credit Line
Small Business Development Services
Small Business Finance
Small Business Financial Tips
Small Business Investors
Small Business Line of Credit
Small Business Loan
Small Business Loans
Small Business Marketing
Small Business Sales
Small Business Sales
Starting a Small Business
Startup Financing
Trucking and Transportation
Uncategorized
Unsecured Business Lines of Credit
Unsecured Business Loans
Unsecured Business Loans for Bad Credit
Unsecured Credit Line for Small Businesses
Unsecured Financing
Unsecured Line of Credit
Unsecured Lines of Credit for No Credit Businesses
Unsecured Loans for Bad Credit

Nurturing Business, Cultivating Hope

GET STARTED
Putting Our Clients First Since 2008.
Become A Partner
Partner with us to reach potential merchants using our patented technology on the Advance Funds Network platform.
464 Kings Highway Brooklyn, NY 11223
1633 Rt 35N Unit 4 Oakhurst, NJ 07755
5858 Dryden Place Carlsbad, CA 92008 Suite 238
2967 Dundas St. W. #220D Toronto, ON M6P 1Z2
(866) 480-2611
sales@afnllc.com
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
USA
Canada
Coming
Soon
Coming
Soon
© Advance Funds Network 2023. All rights reserved.
crossmenuchevron-down