5 tips for parents running an SME

Parenthood is not too dissimilar to running a business.

Both are highly rewarding – and highly demanding – endeavours, and managing your small business alongside raising a family can put a strain on your time, energy and resources. 

But both are highly worthwhile, and with hard work and determination, you can build a successful business that supports your family. With that in mind, these are just five simply tips to balance your business with family life.  

1. Be patient with your business – and yourself 

Building your brand up from the ground takes time, and won’t happen overnight. 

Don’t be afraid to be ambitious when starting out, but give yourself time to hit those goals, and don’t beat yourself up if you’re not where you want to be right away. 

Recognise your wins, and give yourself credit where it’s due. And when things don’t quite go to plan? View it as a learning curve, and use it as a chance to improve your approach. 

2. Accept help 

Taking help from others is sometimes one of the hardest things to do. 

Build a team of reliable staff around you and don’t be afraid to delegate tasks – managing your workload is crucial, and your staff are there to help you! 

Likewise, at home, don’t be afraid to seek a little external help – whether it’s investing in a cleaner from TrustATrader for a couple of hours a week, or asking family and friends for support with childcare, taking tasks from your schedule will free your focus. 

3. Embrace flexibility 

One of the best lessons we’ve learned over the last two years is that flexible working is viable and can be highly effective when done right. 

That’s why many businesses are choosing to reject permanent offices in favour of rented spaces and virtual offices like 3M Buckley Innovation Centre. 

Whether you’re working alone or with a team, flexibility is useful not only when it comes to remote working, but also your schedules – granting yourself and your staff the opportunity to work outside of the 9-5 benefits everyone.  

4. Protect family time 

It’s important to be there for your family, and especially if you have young children – you don’t want to miss out on those important early life stages. 

Finding time for yourself – and your family – is hard when running a business. But even setting aside one day a month to do something together, even if it’s as simple as a family film night in, makes it easier to get that quality time together.   

5. Create a schedule

As well as family time, you should also aim to adhere to set working hours, where possible.  

While it’s good to be flexible with your schedule, it’s tempting to let that flexibility eat into your own time, especially when you’re working from home with the laptop in reach at any moment 

But it’s important to give yourself time to wind down too. Stick to your schedule where possible, and honour that free time to prevent burnout and keep yourself well-rested.  

These are just five tips for parents growing their small business – and their family. 

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