There are so many different levels on which trust can make or break your business success that maybe it is something you should give more thought to.
Who do you trust and how do you build trust in your team are fundamental questions for any business owner to start with and review regularly, but also more broadly trust needs to be considered in the context of the industry sector you work in, trust in the products or services you deliver, trust in the government to support UK business. When you think about it, trust is central to everything.
The result of the general election may over time help to instil greater trust on many levels that are beyond your control as a business owner and so if you haven’t thought about it already, what can you personally do now to create greater trust to help your business grow?
Infrastructure
Start with having the infrastructure in place to minimise issues around trust in your business. If you are a business which handles cash, have safeguards in place so as your business grows, you will have more control and there will be fewer opportunities for theft or mistakes.
Can you ever trust your team 100%? This is often a real issue for entrepreneurs, especially when having to scale up fast and employing people for the first time or outsourcing aspects of their production or service offering to third parties.
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