You might have started your business in your basement, but now it’s time to flock the nest and expand your business. There’s only one problem: you’re currently the only employee, and you can’t quite see how you’ll be able to grow when you’re currently busy trying to handle all of the company’s responsibilities all on your own. However, don’t despair just yet: regardless of your situation, there’ll be an opportunity for you to reach the level that you hope to reach. Below, we show you how.

 

Free Up Your Time

Your business will be taking up a lot of time, but not all of the time you spend working will be all that productive. Sometimes, you’re working on tasks that are complicated (which take time to figure out), and at other times you’re working on tasks that are simple but repetitive (also time-consuming!). If you want to focus your energy on growth, then you’ll need to cut these two from your daily tasks,  but they still need to be done! Look at outsourcing your complicated and repetitive tasks to a third-party. They’ll likely do it more efficiently than you will, and you’ll free up much of your time.

 

Hire a Newbie

When you’ve grown, you’re likely going to need an extra set of hands to help handle all the extra work you’ll be taking on. But what if, instead of waiting before your expansion to hire a new face, you hire them before your growth? They’ll be able to shadow you as you take care of the daily tasks, and then when they’re sufficiently trained, you can pass off some of the responsibilities to them while you get to work on the expansion. And of course, you’ll feel the benefits of a new employee when you’ve taken on more clients.

 

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An Injection of Cash

You won’t be able to expand without an injection of cash. The problem is, you don’t want to divert funds from your company’s daily budget to fuel the growth. Instead, look at getting a short term loan. It’ll give you the cash you need to do bigger and better things, all the while ensuring that your cash-flow isn’t compromised. Though of course, you’ll need to spend time figuring out the best way to spend your injection of money to get the best return on your investment.

 

Leaving the Home

All of your operations might currently take place in your home, but it’s time to join the rest of the world now. As part of your growth, make sure you’re putting yourself out there. You can rent offices if it’s necessary, and also attend trade shows and other networking opportunities.

 

Be Patient

Finally, remember that your growth won’t happen overnight. You need to be patient, and to let the plans you’ve initiated blossom. This can be tough, especially since you’re the only employee and have no one else to provide you with encouragement. But if you’ve played your cards right, then your efforts will eventually be rewarded. Just stay calm and wait for it to pay off.

 

Photo by Ronaldo Arthur Vidal on Unsplash