Having many sources of income is everyone's desire, even though we have to start from one business, after the business can run smoothly with a larger operating scale, and the profits it gets can be used to open new businesses, and can be done repeatedly to add to the business. new. so that multitasking is formed which must be done wisely. Here's how to manage multiple businesses so they can run smoothly and profitably.
1. Don't focus too much on one business
After having two or more businesses, an entrepreneur must not focus too much on only one business or be one-sided, but must be able to balance his time, energy and thoughts. So don't make one of your businesses a business favorite.
2. Delegate Authority and Responsibility
Even though it is not easy to hand over the main control of one of your businesses to someone else, you should be able to find someone who can be trusted and relied on to manage one of your businesses. You can choose one of your employees who can be trusted, diligent and loyal, has the qualities and skills to lead your new business.
3. Place Reporters as a Linking Chain
Place a reporter on each of your business as a chain link, this reporter will be tasked with reporting business performance, policy updates, financial statements.
4. Conduct office visits or chair meetings
Take turns visiting all the businesses, or at least have a meeting once a month.
5. Establish good relations with all employees and teams.
Make sure to have good relations with employees and team members in every business. Always select and promote people with creative ideas and ideas. Occasionally you as an entrepreneur drink coffee together for each of your businesses.
1. Don't focus too much on one business
After having two or more businesses, an entrepreneur must not focus too much on only one business or be one-sided, but must be able to balance his time, energy and thoughts. So don't make one of your businesses a business favorite.
2. Delegate Authority and Responsibility
Even though it is not easy to hand over the main control of one of your businesses to someone else, you should be able to find someone who can be trusted and relied on to manage one of your businesses. You can choose one of your employees who can be trusted, diligent and loyal, has the qualities and skills to lead your new business.
3. Place Reporters as a Linking Chain
Place a reporter on each of your business as a chain link, this reporter will be tasked with reporting business performance, policy updates, financial statements.
4. Conduct office visits or chair meetings
Take turns visiting all the businesses, or at least have a meeting once a month.
5. Establish good relations with all employees and teams.
Make sure to have good relations with employees and team members in every business. Always select and promote people with creative ideas and ideas. Occasionally you as an entrepreneur drink coffee together for each of your businesses.
