Before you suggest it, I’m not saying that you should actually destroy your business! Instead, this is a precautionary article. It’s an article that says that even though things are going well right now, you can never get complacent. It doesn’t take a whole lot to destroy your business, as we’re about to find out.
1. Insult Someone on Social Media
So, you’ve just figured out that new, fandangled Facebook thing. You go on there, set up a few profile pictures, and start posting. Then, you get a customer commenting in a way that you hadn’t anticipated. If your reaction is to insult them, you’re walking a dangerous tightrope. It only takes one bad comment to go viral, destroying your business’ reputation in one swift move. Maybe it’s best to stay off social media for now?
2. Provide Dangerous Equipment
Safety is one of the most important things you need to think about as a business owner. Providing dangerous equipment puts you and your employees at risk of injury. It doesn’t matter whether you’re working with hydraulic pumps or an office printer; it needs to be fit for purpose. If it isn’t, and an injury occurs, you could be sued and/or shut down.
3. Talk Badly Behind Someone’s Back
You might be surprised to hear that I’ve seen business owners talking badly about everyone behind their back. They insult their clients when they aren’t looking. They insult their employees when they’re out of the room. It only takes one person to learn of this behaviour for a wave of destruction to come crashing into the business. Clients will cease doing business, and employees will move on. Suddenly, the business will be in an unrecoverable state.
4. Fail to Comply with the Law
Hey; it’s simple. If you want to run your own business, you better be willing to comply with the vast number of laws you’ll need to deal with. If you refuse to do this, you may as well give up right now. Everyone is protected by laws, from employees to your customers. You have to abide by them, or you won’t be allowed to continue doing business.
5. Leave Confidential Data in a Public Place
If you’re going to be carrying laptops and USB sticks around the country, make sure they stay on your person at all times! You’ll surely be carrying some form of confidential data. If you lose any of it while you’re out and about, you’re in trouble. Suddenly, customer data could be in the wrong hands, and if it gets exposed, your business could be ruined. Always make sure that data is protected!
6. Give Up!
You’ve got no desire to run this business anymore. Instead of doing the right thing and working hard until you find another solution, you give up entirely. What happens now? Clients will leave, customers will disappear, and your employees will take action against you. Simply put; you aren’t allowed to just give up. You have responsibilities, and if you’re really that desperate to get out, you need to find an alternative route.