Personal Finance

A Day In The Life Of A Small Business

Eep … Eep … Eep … Eep …

5:15am: A small business owner hits the snooze button.

“Man, I shoulda checked the buzzer out before I bought that clock. Big day – should hear about my loan and the ACME proposal. What if the bank turns me down? Chamber board meeting at 7:30 this morning. Susie’s game is 7:30 tonight.”

7:15am: At the office.

“Good; Bill’s on time. Gotta get the Johnson delivery before it rains – that check has to cover quarterly taxes. Customer at the door and he saw me – can’t make him wait. There goes the Chamber meeting. ‘Come in, sir.’”

8:15am: In the warehouse.

“Why does Bill have the hood up on the truck? Is that smoke from the motor? Whew! It’s his cigarette – he’s just checking the oil. Darn, overhead door stuck again?”

10:15am: On the counter.

“Got to get the light fixed on the sign – don’t notice it so much unless it’s … CLOUDY.”

12:15am: At the post office.

“Lots of bills – no checks. Payroll’s going to be close Friday – hope I get paid. Got to get help with accounts receivable. Come on bank loan! Not a certified letter! I hate those.”

1:15pm: Returning calls.

“ACME called – that’s probably good. Bill called from Johnson’s – that’s probably bad. Loan officer’s on two – that could go either way. Is that rain?”

2:15pm: At the bank.

“The bank needs updated financials – no loan this week. Forgot to eat lunch again.”

3:15pm: Back at the office.

“ACME’s on three? Now I REALLY need that deal. May have to cut into my margin – don’t give it away. You’re not desperate – yet.”

4:15pm: Watching it rain.

“Johnson didn’t get delivered before the rain. No Johnson check or loan this week. What’s Plan B for the tax deposit? Maybe receivables will pick up. Better put Larry on the counter so I can focus on collections.”

5:15pm: Closing time.

“Good day on the counter. ACME went for my proposal but had to cut my price. Hope we get add-ons. Turn off the sign. NOW the rain stops.”

6:15pm: Locking up.

“What a roller coaster today! Would I have started this business if I’d known how hard it was going to be? It’s challenging, but I like owning the opportunities. Still, I look forward to not having to struggle – does that ever happen in a small business? Susie’s 7:30 game isn’t rained out. I’m hungry.”

5:15am: Next morning.

Eep … Eep … Eep … Eep …

“Man, I really wish I had checked the buzzer out before I bought that clock.”

Write this on a rock …Welcome to the world of small business ownership.

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Jim Blasingame is one of the world's leading experts on small business and entrepreneurship. He is the creator and award-winning host of the nationally syndicated radio program , The Small Business Advocate® Show. In addition to his weekly columns, Jim is the author of two books; Small Business is like a Bunch of Bananas and Three Minutes to Success.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Small Business

Jim Blasingame

Jim Blasingame is one of the world’s leading experts on small business and entrepreneurship. He’s the creator and award-winning host of the syndicated radio program, The Small Business Advocate Show, syndicated columnist and author of Small Business Is Like a Bunch of Bananas and Three Minutes to Success. His third book, The Age of the Customer®, released in January 2014. Jim has received awards and recognition for his work and leadership on behalf of small businesses from the U.S. Small Business Administration (SBA), Association of Small Business Development Centers (ASBDC), American Chamber of Commerce Executives (ACCE), New York Enterprise Report, FORTUNE Small Business and TALKERS magazine. Google ranks Jim as the #1 small business expert.

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