Entrepreneurs canât do it all.
, Image courtesy of Sun Life
As rewarding as it is to be an entrepreneurâthereâs nothing like building a business yourselfâitâs also a lot of painstaking work. Most owners tend to do it all: sales, marketing, hiring, benefits, payroll and more.
These tasks are often a fulltime job on their own, and they take a business owner away from growing the company, doing strategic planning and tackling urgent issues. Thatâs especially true today, with COVID-19 making running a business that much more complex.
One area thatâs increasingly time consuming for entrepreneurs is HR administrationâespecially with the challenges caused by the pandemic, says Sophie Ouellet, Vice-President, Business Development, Group Benefits, at Sun Life.