Unlocking Business Growth: The Cost of Managing Daily Operations and How to Solve It

Are you feeling stuck in your business because you’re spending too much time managing daily operations? You’re not alone. Many entrepreneurs and small business owners struggle with the day-to-day tasks of running their business, leaving little time to focus on growth and strategic planning.

Research has shown that businesses spend an average of 68% of their time on administrative tasks, such as data entry, bookkeeping, and other operational activities. This leaves little time for innovation, marketing, and other activities that are critical for growth and sustainability.

According to a study conducted by SCORE, a nonprofit association dedicated to helping small businesses grow and succeed, 40% of small business owners say that managing their time is their biggest challenge. In addition, 25% of small business owners say that they spend more than six hours a week on administrative tasks, which adds up to 312 hours per year.

This is where a Fractional COO, Operations Manager, or Online Business Manager (OBM) can help. These professionals can step in and manage the day-to-day operations of your business, allowing you to focus on growth and strategic planning.

A Fractional COO is a part-time executive who works with businesses on a temporary basis to help improve their operations and overall performance. They can provide strategic guidance, develop processes and systems, and manage your team to ensure that your business is running efficiently.

An Operations Manager is responsible for overseeing the daily operations of a business, including managing staff, implementing policies and procedures, and ensuring that the business is running smoothly.

An OBM is a certified online business manager who specializes in managing virtual teams and online businesses. They can help with everything from project management to customer service to marketing and sales.

Research has shown that outsourcing operational tasks can have a significant impact on business growth. According to a study conducted by Deloitte, companies that outsource their operational tasks are 26% more likely to be profitable than those that don’t.

In addition, a study conducted by McKinsey & Company found that businesses that use outsourcing to reduce costs and improve efficiency can see a 20-30% increase in productivity and a 30-50% reduction in operational costs.

Working with a Fractional COO, Operations Manager, or OBM can also help you achieve a better work-life balance. According to a study conducted by the American Psychological Association, 61% of small business owners reported that they were “always or often” stressed, and 70% said that work interfered with their personal lives.

By outsourcing operational tasks, you can free up your time and reduce your stress levels, allowing you to focus on the things that matter most to you, such as spending time with family and friends, pursuing hobbies and interests, and taking care of your health and wellbeing.

At our Operations Management Company, we help small business owners like you unlock their business growth potential by managing their daily operations. We work with you to understand your business needs, develop processes and systems, and manage your team to ensure that your business is running smoothly and efficiently.

We specialize in working with service-based businesses, such as coaches, consultants, and freelancers, and we have helped many of our clients achieve significant results, including:

• Increasing revenue by 50% within 6 months
• Reducing operational costs by 30%
• Implementing a 4-day workweek within 3 months
• Taking unplugged vacations for the first time in years

If you’re ready to unlock your business’s growth potential and achieve a better work-life balance, we invite you to schedule a free consultation with us. During this consultation, we’ll discuss your business needs and goals and provide you with a clear path to move your business forward, achieve growth and to do it all with far less reliance on you, the business owner.