Technology today means that more start up businesses are being run from home and flexible employers are also beginning to take the leap and allow staff to work from home. There is no commute and the quieter work environment may mean more work gets done. However, if you’re working alone from home, you can easily fall into a few bad habits. Normal everyday tasks at home can cause distractions and take you away from your work – just one more load of washing, a quick clean up around garden. On the flip side, it’s all to easy to launch yourself headlong into something and forget to take breaks or work much longer into the evening than you would if an office.
Only 50% of businesses make it past the 5 year mark. Many of those that do make it past the 5 year mark only manage to limp on, never reaching their full potential. There are hundreds of reasons businesses fail, a huge amount of them are outside of your control as a business owner or senior partner, That leaves a lot of them well within your power to affect.