Don't get us wrong. Procrastination isn't always a bad thing in business.
You wouldn't take steps to expand your business too quickly, for example, as you would use your common sense and wait until you had the profits to do so. And you wouldn't buy every new piece of technology pertaining to your industry, as you would wait until you had seen how much of an impact it had to the business world before splashing out your cash.
However, there are times when procrastination is a bad thing, and we have some examples before.
Procrastinating over cybersecurity measures
Should you be a small business owner, you might not take the threat of hacking seriously. Therefore, you might decide to hold off before spending any money on antivirus software, or you might not bother taking the necessary precautions at all. This will be to your detriment. No business is immune from cybercrime, so you would be foolish to wait another day before doing something to protect yourself from harm. In fact, hackers are more likely to attack smaller business because they know business owners do procrastinate over security measures. So, install your computer systems with the appropriate antivirus software and firewalls, educate yourself on modern hacking attempts, and seek the assistance of a reliable IT company akin to xbase.com to protect your business further.
Procrastinating over training
Training costs money, right? So, rather than paying for training for yourself and your employees, you might tell yourself that you will focus on this aspect of your business at a later date, perhaps when your money situation has improved. Bad mistake! If you want to get the most out of your employees, training has to be a priority. They will then work in a more productive way and will be less prone to making mistakes. And the same applies to the way you work. By training up yourself and your staff, you will also have less need to spend money on outsourcing. So, despite the expense, know that paying for training is a cost-effective way to improve your business. You might struggle to make much of a profit otherwise!
Procrastinating over tasks you don't enjoy
How many times have you left tasks you didn't enjoy until the last minute? How many times have you missed deadlines as a consequence? Or how many times have you come close to burnout because you have been forced to work overtime after procrastinating over those jobs that bore or tire you? Many business owners procrastinate over elements of their to-do lists on a daily basis, but they do so to the detriment of themselves and the businesses they run. So, if this is you, procrastinate no more. You might want to prioritize the tasks you hate on your to-do lists, as you can then get them out of the way sooner. Alternatively, outsource or delegate them to somebody else. Either step will stand you in good stead, as you will be able to finish work without doing overtime, and you won't upset your clients with work that is late or poorly rushed through.
So, if this article has related to you, delay no more. Do something rather than nothing for the betterment of your business. You might only regret it later if you continue to procrastinate!