Every business owner reaches a certain stage where they feel they need to let go of the reins and take a back seat. Most of them ignore this urge because the idea of someone else running a business they built is unfathomable. Even their business advisors may tell them not to get a manager; they are still doing a fine job of running things. Some customers or investors may say outright that they will withdraw their investment or take their business elsewhere if a new manager is hired to run the business.
Be that as it may, there will come a time when you will have to let someone else take the helm while you take a less operational role in the business. So, why should you hire someone to run your wholesale business?
Totally New and Fresh Perspective
Maybe you have run out of ideas to give your customers a great wholesale customer experience, or maybe you feel there is a need to rebrand your business, but you just can’t see it. Hiring a manager with fresh ideas and a fresh set of eyes could be the solution to your dilemma. It would let someone else have the task of brainstorming new ideas and opportunities of expanding your wholesale business.
A manager can even bring up new ways of doing business that probably never occurred to you, ways that would leave your customers even more satisfied and make your wholesale business more profitable. Someone new can bring a whole lot of experiences and skill sets acquired from their past working experiences to the table.
Allows You to Work on Your Business
Sometimes you may feel that working in the daily operations of your wholesale business is routine, time-taking and cumbersome. You can spend your time exploring new ideas and new tasks, and setting them up to be implemented by others. This means that you prefer to work on your business, rather than work in your business. Hiring a manager to run the day-to-day operations allows you to continue to work on the growth of your business.
You Can’t Automate Everything
So you think you would rather automate all processes and systems rather than hire a manager. That is not impossible but not entirely possible as well. Some aspects of the wholesale business, like customer relations, cannot to be relegated to emails and voice messages or fax. In the end, no matter how computerized your wholesale operation is; it is people who do business, not the machines.
You need to hire a manager to ensure that everyone is handling their own aspect of the job. A manager who ensures that the customers are being attended to and are well taken care of, and not treated as though they are just robots at the other end of the email. If you don’t like talking over the phone to a bot, neither do your customers!
You Aren’t Comfortable with Certain Tasks
As the CEO of your wholesale business, you are expected to spout numbers like a computer, be conversant with all the figures and reports detailing the company’s operations, and chairing meetings should be second nature to you. But you might not enjoy doing these tasks. You don’t like math: it actually makes you sick. Reading or listening to reports: they bore you. You absolutely detest meetings, and chairing them is even worse. Then you need to hire a manager. A manager can handle those aspects of running a wholesale business that you aren’t comfortable with, and you can do what it is you feel you can handle that will help the growth of the business.
You Know Your Abilities
You know that you can achieve more than what you already have with your wholesale business. But, you also know that that other person would achieve even more if they were the manager of your business. If that is the case, you should hire them. In the end, you are looking out for the growth and sustainability of your business.
If you are wondering if you should hire someone else to run your business, consider what it is you do that they can do better: can they raise your standards higher, set and meet goals faster, or reach targets in a better record time than yourself. You know your own abilities; if theirs measure up better against yours, hire them. Your wholesale business and customers will love you for it.
You may be a successful wholesale business owner who is not comfortable with the advances in technology that your business apparently needs in order to move to even greater heights, and you feel that that is what has been hindering your business growth.
Hiring a manager who is tech savvy and embraces new technologies, and see how they fit with your wholesale business would be a huge bonus for your business. They can assign people to look out for technologies that can reduce the work load of your employees and increase their productivity, and sign the company up for new software trials, like project management software and customer relations management systems (CRM).
Not only that, but they would also improve your wholesale business’ online presence, making the business’ website is up-to-date and functioning well, and creating a strong presence on social media, which has the ability to boost sales and get you more customers. They can explore autoresponders to create exciting newsletters to keep your existing customers informed.
As a successful wholesale business owner, you have nothing to lose by hiring someone to run your business, so long as you choose right. Hiring someone for the position of manager of your wholesale business needs a lot of thought, objectivity, and consideration. A good manager should possess certain qualities that make them stand out from the crowd of potential managers for hire. He or she should have great leadership and managerial skills, should be innovative, considerate, and have great customer skills.
If you feel your wholesale business could do a lot better if you weren’t running things, then it is time you hired someone to run your wholesale business. This allows you to focus on the bigger picture – scaling your business to new heights.