Business Tips for those in the “Sandwich Generation”

Business Tips for those in the “Sandwich Generation”
 

This week’s tips are intended for business owners, managers or those affected by the “Sandwich Generation.”
 
What is the “Sandwich Generation?”  The generation of people who provide care for their elderly parents while supporting their children or grandchildren.  Imaging juggling the commitments of running your business, parenthood demands, eldercare issues, industry networking, social life (what’s that?) and more.  It can be overwhelming and daunting to consider! 
 
We’ve collected these tips for you from various websites and articles for your Tips of the Week by FL-Accounting and Advisers.
 
1. Learn to delegate
Whether you’re a business owner, manager and/or care provider – you may have many responsibilities and are juggling it all to meet your obligations.  It’s impossible to do everything well … we know, there are only 24-hours in a day.  Tip ~ learn how to delegate or outsource. Concentrate on what you do best and then delegating those tasks that may be performed by others.   
 
 2. Remember to set goals – and rewards
A basic ingredient for your success is to set goals and create a reward system for meeting goals. Remember what’s important and reward yourself when you meet the goals you set, remember positive reinforcement works with children, teens and adults.  Rewards can be a simple as a cup of coffee and need not be extravagant.
 
3. Don’t try to be all things to all people
Don’t try to please everyone! It’s easier said than done!  From a business perspective, do what you are good at and do it better than anyone else.   Some experts believe that a jack-of-all trades is a master of none.      
 
4. Know what make you unique
What make you unique (from a business view) can guide you and your business into a successful operation.  It’s how you stand out from the competition.
 
5. Don’t get lost in social media
There are so many social networks that it can be difficult to identify where to concentrate your resources. Our suggestion is to go where your clients go.
 
Social media is a powerful but it takes time to do it well.  With social networks, sometimes less is more – focus your energy where it will have the most important impact.
 
6. Make time for yourself
Take “me time” and follow through.  Do something every day that makes you feel better whether it’s playingWords with Friends or going to Starbucks.  The activity itself doesn’t matter – what matters is, that it’s not work and not home. Take this time to recharge and focus on something other than your responsibilities, it may help to give you a better perspective on your business – and your personal life.
 
7. Have buffers and boundaries
Just as difficult it may be to delegate, it’s also difficult to say “no.”  We are all faced with strong pressure to say “yes” or we may lose an opportunity in business or personally.  Never saying “no” may lead to you working all of the time ~ this is no good for your health. 
 
You need to set boundaries so that you can meet your business and personal obligations.  Some examples include never working on weekends or working one evening a week. Also, add buffers between meetings and appointments so that they don’t run back-to-back.  
 
At FL-Accounting and Advisers, we are here to help you with your business and personal accounting needs ~ we are your boutique Accounting firm.

cassandra bergeron