How To Avoid Roadblocks In A Business

What do business owners and The Hunger Games have in common? They’re both cutthroat worlds filled with roadblocks designed to take you down until only one victor stands.

Okay, they’re not exactly the same, but it’s true that because of the obstacles out there, only about one-third of businesses will survive to see their 10-year anniversary, according to SBA.

Sure, there are lots of things out there out of your control - market downturns and changes in your industry or the economy - but there are also things within your control so you can smash those roadblocks before they rear their ugly heads.

Take action

Step one - take action. 

Or don’t, and fail miserably. (We advise going with step one). 

The first part of taking action is to realize that roadblocks exist - and that’s normal - and you will not die because of it. By acknowledging these blocks and not shutting down, you’ll start to think creatively and forge ahead. You may not be able to run through the roadblock, despite your brute force, but you can surely go over, around, or under it. You’re smart, you got this. 

Navigate roadblocks

It’s common for entrepreneurs to lose their momentum - while your business idea was once a bright, shiny, new idea with endless possibilities, you’re in the trenches now, and that shine is starting to look pretty darn tarnished now. From feeling burned out and losing productivity to decreasing revenues and profits hurting your bottom line and spirits, there’s no shortage of obstacles in the life of a business owner.

But you can think smarter, not harder by outsourcing.

For instance, at InSite CPA, we work to free up your time and watch your business grow into something more profitable and long-lasting - we want you to win The Hunger Games and will be right there with you as you celebrate your 10-year-anniversary. 

We offer technological and financial solutions as well as business coaching so you can grow and thrive in your business and personal lives.

Manage finances

According to a U.S. Bank study, 82 percent of business failures are due to poor cash management. If you don’t understand your finances inside and out, you will fail - so get your head out of the sand and get yourself some accounting software with financial support to help you navigate this scary, all-important roadblock.

Xero Accounting Software

700,000+ businesses around the world use Xero’s online accounting solutions to run more efficiently - translation? More time for you to focus on your business. More time with family and friends. Better quality of life. Bigger profits.

We help you work smarter with better tools, information, and advice when you need it. Contact us today.