Like most independent business owners, you probably started your company so you could develop your product or service in complete
autonomy, away from the politics of the large-corporate world – looking forward to the challenge of being your own boss.
And how much is progress hampered by the day-to-day responsibilities of management – staffing problems, logistics or facilities
issues, accounting, audit, banks, VAT, legal matters, computer systems – and the all-important cash flow?
MDs tell us they simply want more time – time to get back to being creative and innovative, time to focus on customers, to develop new
products and services and to plan new sales strategies.
Whereas managing directors of large corporations can call upon an executive team of specialist directors for marketing, finance,
production and human resources expertise, in a small business these skills are often not available within the company.
Little wonder that being the managing director of a small business is considered one of the loneliest positions in the business world.
