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Chances are good that the majority of small business owners think they wear too many hats. As the ultimate leader of their company, they have to deal with things like legal issues, decision making in all its iterations, and financial responsibilities, but they also have to act as the peacekeeper between employees and a hiring manager and even take on other tasks if the company is stretched thin.
If average business leaders think they have a lot on their plate, they may not have met a mompreneur. Not only do these women have all the responsibilities of a company owner, but they have a plethora of things to do at home as well.
The term “multitasking” takes on a whole new definition as far as these women are concerned.
Like everyone else, mompreneurs only have 24 hours in a day, even though they have many more responsibilities than the common person, even the average business owner.
For example, according to a recent Sage 50/Mompreneurs survey taken of members of TheMompreneur.com, 81 percent of these women take care of invoicing and billing tasks themselves, while 65 per cent handle inventory management, and 52 per cent cover accounting responsibilities in general. Again, these are responsibilities that must be handled on a day-to-day basis. This doesn’t even take into account the time that must be spent learning and honing these skills—71 per cent of mompreneurs said they were self-taught in these types of fields.
All the while, many have home on the brain. A number of these business mavens also put food on the table, play with their kids, spend time with their spouses, and try to lead normal lives.
Perhaps the biggest thing mompreneurs need more of is time. If they had a few more hours, they could successfully—and without as much stress—run a business and a household at the same time. This is where Sage can help.
By using Sage 50, mompreneurs can virtually add hours to their day, time that would have been spent manually recording finances and/or creating spreadsheets—both strategies that are seen as ineffective. This accounting software can help sync payments, payroll processing, and other monetary tasks company leaders have to contend with daily. After trying out Sage 50 for free for 30 days, processes that once took a long time will fly by, allowing mompreneurs to head home to the family and be excited about getting up for work tomorrow.
Sage understands one size doesn’t fit all—not every business owner defines success the same way, and there’s a right solution for every business. Whether start-up, small, or medium-sized, we adapt to their every need, at every turn of their business development. Whether they’ve been in business for 20 minutes or 20 years.