Back to School

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The fall is fast approaching, and that means several things; everyone’s favorite sports are back, the weather becomes more bearable, and students are returning to school. As the semester begins, merchants may see a marked change in their merchants’ business sales; retail merchants may see a slight spike in back to school product purchases, while late night restaurants and college hangouts may notice a subtle decrease in revenue. Regardless of the market, the annual change of pace that comes with the fall semester can still be used to a merchant’s benefit. Here’s a few tips to tackle the return of school correctly:

Take advantage of the opportunities presented with college students returning to class; sign your business up for display at a few job fairs to scout local talent, and potentially find a hidden gem. With so many bright young minds currently attending college, there’s no limit to the potential at your fingertips.

As a business owner, consider whether or not taking a few courses in the fall could benefit you. Are you seeking another degree? Or are you simply just interested in learning more about economics or marketing strategy? It’s not too late to register for a few courses, and you just might learn a bit more than you expect. As you get more educated in the classroom, take some time to learn a bit more about CoCard as well. As a cutting-edge merchant services provider, many of CoCard’s current marketing strategies align directly with the same materials covered in college classrooms. CoCard even has an education center, just for merchants like you!

Stay on top of your kids! With all of the changes that come with the fall semester, it can be easy to lose track of your own child’s schoolwork and activities. Stay in tune with their daily schedules, and be sure to keep track of their grades from beginning to end. Managing a business and a family is never an easy task, but making small strides each day significantly reduces the difficulty.

Welcome the new school year with open arms, and have a plan for the coming months. Although school can be a difficult thing to handle at times, don’t forget to stay positive and look for the potential benefits involved with it. Take some time to get a little more educated with CoCard’s education center, and think about whether or not it’s time for you to make a change. If you have any questions or concerns about how CoCard can assist you in the coming months, call us today!

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How to Have Your Best Business Vacation Ever

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A recent survey done by American Express OPEN shows that small business owners are more comfortable taking summer vacations this year than any other year during the recession.

According to the survey, a reported 60% of respondents (small business owners) are planning a week-long vacation for this summer. This is a tremendous leap from last year’s record low 49%, and the highest percentage since 2006. The Small Business Monitor is crediting this increase to a rise in economic confidence on behalf of business owners, as well as in general optimism for sales.

Because so many small business owners are going on vacation this summer, it may be hard to keep the balance in the workplace. Here are a few tips to help you keep your business on track, so you can enjoy your vacation to the fullest.

Stop waiting for the perfect trip

For many business owners, the only reason they don’t actually take a vacation is because they don’t believe any options are convenient. Constantly looking for the perfect week in Paris, or that extended stay in Hawaii, business owners can miss simple opportunities to just get away. It doesn’t have to be fancy or extravagant, just somewhere that‘s unfamiliar and keeps your mind away from your office. A trip to the mountains can provide you solitude that promotes both productivity and relaxation. Wherever you decide to go, just go somewhere.

Plan for your return

Although you’re leaving your office for a period of time, you’re probably still thinking about everything that’s still left to be done in your absence. Instead of beating yourself up about what needs to get done, make a list of everything you want to accomplish on your return, and leave it at that. Make a few quick edits or additions to the list when an idea hits you, but other than that, make the list and leave it alone.

Sleep in

This can be a very hard concept to grasp when you actually have the time to do it. A lot of us get so caught up in the daily grind of waking up early and going to bed late, when we actually have the time to rest, it almost feels wrong. Catch up on all the sleep you’ve missed in recent weeks, and make it a point to do EVERYTHING on your own time. You spend every waking moment living on a schedule, how about you just take the day on as it comes?

Check in when YOU feel like it

Many small business owners tend to forget that the purpose of a vacation is to actually get away from work. Often times, owners will get sucked into making sure things are still on track while they’re away from the office. A true vacation means unplugging completely from work and only providing contact for emergency situations. Obviously, it’s not recommended that you abandon your staff in entirety, so putting a little time aside each day to check emails and voice messages is a good strategy. Maybe thirty minutes here or there, just don’t let staying in the loop dictate your vacation.

Bring your family

Working with your own business can have you so consumed in your office culture that you lose touch with the whole reason you’re even there; make sure to include your close friends and family on your vacation to restore balance to your life. Catch up with friends, see how your kid is feeling, give your significant other a day of attention. Don’t lose the queen trying to protect the castle.

Give your employees the reins, see who steps up

In any business, there are employees beneath the managers who have high potential to lead in the future. When you take your leave, make sure you let these people know the responsibilities and expectations you have set for them. They should be the ones that you know can keep your business moving seamlessly in your absence. Who works the fastest? Who gets the most done each day? Who understands your vision? These are important questions to ask, and the answers that you get will ultimately decide who is next in line to run your business.

Enjoy the moment

This may sound like a cut-and-dry statement, but always take time to actually appreciate your vacation. Stop and look, try some food you’ve never had before, take a lot of pictures; do everything in your power to make the trip as memorable as possible. Often times, moments of inspiration and epiphanies hit us when we are at the peak of positive thought. You may become inspired with an ingenious business idea while enjoying your time off, and who knows, it could make all the difference for your next quarter.

Get excited!

Although planning a vacation somewhere can be stressful for a multitude of reasons, that’s still not a good enough reason to dread the process. Sure, packing, booking, and the actual traveling process can be a tax, but once all of that is out of the way, you feel great! Often times, just anticipating a new adventure can be enough to get you through a tough day you’re having. Use the potential for a great, memorable experience to motivate you through your last few days of work. Having something to look forward to boosts your morale, happiness, and promotes positive thought.

 

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