Maintaining a Successful Professional Work-Life Balance

In a growing company, the amount of work is endless. Often there is work that has accumulated and needs to get done immediately. Other times, everything might be caught up and working well. Things can always be better, however, even when everything is up-to-date, and the sky is the limit to the many improvements that can be implemented within a company.

Any entrepreneur, business owner, and company leader knows how difficult it is to let go of work at the end of the day. Our thoughts and worries don’t just go away the minute we walk through the front door at home. With today’s ubiquitous technology, it is very easy for work to start seeping into our spaces outside of our work hours.

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Self-Discipline: The Personal Quality that will Expand Your Business

Self-discipline is an often-overlooked trait that is vital for professional growth. It is one of those virtues without which our careers can never reach their full potential. Anything that is worthwhile takes work and dedication. According to Merriam-Webster, its definition is:

Correction or regulation of oneself for the sake of improvement

Self-discipline is often uncomfortable and unpleasant. It usually involves sacrificing in the present for an action that will move you closer to reaching a goal such as implementing a new system by a deadline or writing a chapter of your book. The word itself can even have a military ring to it because it requires perseverance through the challenges we face. However, the only way to sustainably get to where we want to go is through following the rules and doing the work.

Without self-discipline, we would never get anywhere.

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This is Our Monthly Accounting Close Process

One of the central processes in any business is the monthly accounting close stage. Each month the financial books must be reviewed to ensure everything has been accounted for properly. If a specific process is not strictly followed, the consequences can be very painful for a company. There are always differences or accounts that need to be reconciled, and if strict vigilance is not maintained, the differences may slowly mount, and reconstructing prior transactions will be a lot more difficult. Recurrent accounting processes will also help you detect errors and when an action can be taken to correct any nascent issues. Taking care of the company’s numbers will ensure that all the hard work you have put in in other areas of the company will be accurately portrayed.

Over time, my company, Celaque, has developed a set of documents that we prepare on a monthly basis to ensure our accounting is always as flawless as possible.

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Metrics and How They Can Benefit Your Business

Creating dashboard metrics for every part of a business is one of the best uses of your time as a business leader; they will give you an overview of the current state of every important part of your business. Metrics provide the key parameters that show you where your company is headed such as the number of sales or prospects in the pipeline or the amount the company is spending on monthly basis.

These metrics, however, shouldn’t just be limited to the standard values that come to mind when we refer to these types of indicators. They can also include the parameters that are crucial to your company and more specifically, your industry. Some of these indicators may not even be used by other similar companies--they might be your special formula and what makes your company unique.

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