So which one are you? In my line of work, clients generally fall into one of two categories. Either they delegate or abdicate.
I can see the look on a clients face when I am conducting our opening meetings. I can see that they are being seduced by the idea: just turn everything over to Padgett and let them deal with those numbers and returns and forms and e-tides and stuff.
This is abdication. Just about the worst mistake a Small Business Owner can make. Because no matter how good we are, it is still your business being driven by your judgment. And when things go wrong, the consequences are yours.
But isn’t that what you want? — you might ask. Aren’t you trying to convince Small Business Owners to allow you to handle their financial issues?
No, we are not trying to convince Small Business Owners to allow us to handle their financial issues. But what we do believe is that Small Business Owners need a specialist in regard to the complex and varied needs for Small Business reporting. We will make sure the numbers are right and the Small Business Owners make the strategic decisions. These kind of Small Business Owners are the delegators.
Those that delegate read the reports that we provide. And because they delegate, they actually have time to complete those pedestrian tasks like reading financial reports, making sure they have money in their accounts to pay taxes, strategic decision making, etc…
This is how to turn Crises Management into real management which is based on thoughtful marketplace predictions. So delegate what you can, but be sure not to abdicate.
