05 - Administering the Business

In our first episode, we shared an overview of the Four Fundamentals of Business: 1. Guiding the business (Leadership) 2. Getting the business (Sales & marketing) 3. Doing the business (Production of your product or delivery of your service) 4. Administering the business (Administrative tasks like bookkeeping, HR, payroll, etc.) Today, we’ll talk about “Administering the Business,” which is basically all of the tasks you didn’t know you were going to have to do when you started your business. The good news? You don’t have to do them alone (and you shouldn’t!). We’ll also share the story of a contractor who got help with administration and transformed his business.