Accounts, strategy, GDPR….
Yep, I said those dreaded four letters that have been cropping up everywhere recently and about 20 times in my inbox every day for the past few months. Will they stop now? Only time will tell. But don’t worry, this isn’t a blog about GDPR. There have been enough of those already.
I’ve been self-employed for about a month now and I’ve had quite a bit of new work come in and the potential for some more, which is fabulous. I’m really pleased with how it’s gone.
But something that has surprised me is the amount of time I’ve put in to the business side.
Now don’t get me wrong, I knew that some of my time would be spent on the business side…invoicing and providing quotes etc. But if I am honest, which I always try to be, I didn’t expect half of my time or maybe even more, to be spent on it. Was that me being naive? Perhaps.
And when I say business side I mean:
– Accounts (logging miles, invoicing, providing details to the accountant)
– Networking in person and online – online is more prolific than I thought. I could spend all day in the Facebook groups I’ve joined…maybe that’s another blog for another day.
– Website development and blogging
The list could go on.
One the one hand it makes me nervous to be spending so much time on these activities. Should it be this much? But on the other it’s really interesting and I know that I’m developing my own skills, which can only be a good thing. And if I’m going to run a business, I need to do the business things that enable me to get paid, find new clients and not get in to trouble with the tax man.
It’s also about finding a balance and making sure I don’t neglect the work that I’m doing for my clients, which I haven’t so far. I’m confident I’ve got the balance right, but perhaps my expectations where a bit skew whiff at the beginning.
I already feel that I’m moving forward and gaining new skills, even in the short time that I’ve been doing this. It’s exciting to know that I’m developing as a businesswoman and I’m looking forward to gaining more understating as the months go on.