National Brokers Network

How to Manage a Business While Retaining Your Career

Having two things done at the same time takes a toll on a person. What more if these two things are running a business and at the same time having a full-time job. Apparently, some workers need at least one side hustle in order to accommodate their expenses and other needs.

Just like some business owners, there are times they need to have a gig or another job in order to support the business, which can be bills or other necessities the business needs, especially when it’s just starting. If you’re a business owner and in need of a side hustle, it’s time to become more responsible than ever.

 

Start With a Plan

Learning how to become organised helps in handling two tasks at the same time. Since your handling a business and working on the sides for another company, you should learn how to manage your time well.

At the start of the week, allot time for yourself. During this time, start creating a schedule as a guide on when you’ll be working on your small business and the other job. Schedules will also remind you of important due dates and events.

Schedules will also help you focus on what job you’re doing during that time. If you’re working for another employer, make sure to focus on finishing tasks, and, if you’re working for your small business, make sure to channel your energy to the business.

As a business owner, you know by heart that this situation won’t last forever. Aside from creating a weekly schedule to seamlessly plan out the week, you should also create a plan on how you’ll transition into a full-time small business owner in order to execute this smoothly.

 

Look Into Outsourcing

This may not suit every small business owner as a solution since it all boils down to budget, but being able to outsource employees to perform repetitive jobs can help in freeing your time for other tasks.

As a small business owner, you will need to wear numerous hats. But by outsourcing, you can now get started on tasks that need your full attention. Through outsourcing, you can also have more time for another job to earn money and support your business until it can stand on its own.

Starting a business is already a tiring job, but adding another job on top of it can really eat up all your time as a business owner. That’s why you need to become disciplined enough to plan out your week and transition in becoming a full-time business owner in order to evaluate and execute properly the situation.

However, if you’re still deciding or selling your business, you can get the help of melbourne business brokers to find you businesses in Victoria that already has a customer base and branding or buyers who are ready to negotiate.

Confidentiality Agreement

In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

Client Signature (Sign on the box below)