Even in ordinary times, life as a skin care facility owner means dealing with many challenging decisions, any one of which can have a negative impact on your operation. Now, with today’s unpredictable business climate, even tiny management errors hold the potential for serious damage to your bottom line.
Following are six common and costly management mistakes, along with advice on how to keep them from harming your business this year—and in years to come.
1. Trying to do it all yourself. As the saying goes: If you want something done right, do it yourself. This is a classic philosophy with an undeniable grain of poetic truth. As a result, too many business owners suffer from a dangerous case of do-it-yourself-itis. “Failing to understand the importance of delegating is one of the most common mistakes made by small business owners,” says entrepreneur and consultant, Phil Wilkins. “You must learn to focus on what you do best and pass off the rest to others.”