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How to take a holiday when you’re running a business

How to take a holiday when you’re running a business

Finding time for a break can be tough when you run your own business, but there are some things you can do to make it easier.

One of the best things about running your own business is having the freedom to manage your own time. But having a proper break or holiday can be tough if you're a small business owner, particularly if you're running your own show.

It’s important to take time out to recharge so you can come back with renewed focus and energy to run your business. Here are some steps to help you manage some time away.

Contact customers early

Give your clients and customers as much warning as possible so you can come up with a plan to help prepare for what they might need. This could mean fulfilling some orders early, or getting someone you trust to stand in while you're away.

Speaking with customers can also show you’ve got their best interests in mind and help you build relationships.

Schedule what you can

Schedule payments, social media posts and emails, so your business continues to run to an extent while you’re on holidays. If you've got a Business Transaction Account, you can set alerts that let you know if your account balance is low, high or you’ve just been paid.

Go offline or manage remotely

You can choose to stay connected to your email or completely disconnect.  Neither option is right or wrong, but make sure your staff, customers or clients are aware of what they can (or can't) expect while you’re away.

Delegate what you can

This can be a good opportunity to give any staff you may have a little extra responsibility. When you come back you might even find they could continue with certain responsibilities they couldn't before, freeing you up to manage other things.

If you don’t have staff, think about asking someone you trust to manage things that must happen while you’re away. If you’re a plumber, for example, this could mean having a friend on standby just in case one of your customers has an emergency.

Accept there may never be a perfect time for a holiday

There will always be things about running your own business that make taking time off tough. Be realistic about when you can actually go, but also make sure you’re not putting a holiday off for things that will always be a part of your business’ day-to-day running.

This article is intended to provide general information of an educational nature only. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product advice. You should consider seeking independent financial advice before making any decision based on this information.