One of the many benefits of running your business is that you can do it remotely and what’s more you can do it from anywhere in the world! If you want to travel the world and work from hotel rooms and cafes, then you can. If you follow procedures and keep your usual motivation, then you can run things without so much as a bump in operations.
Stay tax compliant
Staying tax compliant is not just about keeping up to date on tax laws and filing your tax returns on time, you need to ensure you are covered in terms of VAT payments. When invoicing your clients or customers make sure you include their VAT invoice. Wondering what is a VAT invoice? This is in regard to taxes that are applied to goods, services, and other taxable supplies – it is a federal tax that is used in over 160 countries across the world. If you do your own invoicing, then you should use a VAT calculator to make sure that you are charging correctly.
Outsource external professionals
Running a business can be a lot for one person to handle and it stands to reason that you are better at some things than you are others. If you want to give yourself a little more flexibility or free some time to work on things that you are more confident with then consider outsourcing some of your tasks. Having others handling particular operations takes a huge weight off your shoulders and saves you a great deal of time and hassle. If you are less willing to spend money on accountants or legal advisers or marketing agencies, virtual assistants can take care of all the smaller admin tasks that take up a lot of your time.
Use automated services
Rather than hiring additional support, or in addition to it, you can automate some services in order to keep things running smoothly even when you are away from your laptop. If you are travelling then there will be times when you are unable to access the internet, from air travel to perhaps a trip to Isla Holbox, Mexico, with no roads and limited internet. Or you may be in a different time zone to your clients, so automatic processes can occur without the need for any supervision. These kinds of services can help manage social media accounts, handle routine customer service inquiries, or update your website.
Keep communication channels going strong
Due to the pandemic, using video conferencing software like Zoom or Microsoft Teams is now second nature, and these tools can be vital to helping you run your business on the go. Stay in touch with your staff or suppliers at all times by scheduling regular meetings and staying on top of your emails. It can be easy to let your unanswered emails buildup but if you are working remotely without being able to make regular phone calls then emails are essential for you to keep up to date on any issues or progressions that might need your attention urgently. You may want to invest in a mobile hotspot to make sure you have steady internet access at all times.