MBA1420 Q&A Wednesday: Do I close for the holidays and give my team time off?

It’s that time of year. We don’t all celebrate the same way — or at all — but “the holidays” are a reality of business. Crucially, the holidays mean that your team will have personal and family obligations. Part of your job as a leader is to balance the needs of your business with the needs of your employees. You may even think about closing up shop temporarily. But should you? It’s Q&A Wednesday, and we’re helping one listener decide whether to hang the “Closed” sign up to give the team some holiday R&R. We discuss what factors to consider, including potential effects on the other group of people you need to keep happy: the customers. We also share our own approach to the holiday season, explaining how we manage the expectations of our team, our customers, and our audience. The right answer will vary from business to business, but the goal is the same: do what’s best for the company without alienating anyone.  Start putting your holiday strategy together now. Click Play! SUBSCRIBE ON APPLE PODCASTS Stitcher | SoundCloud | Podcast Feed | How To Subscribe Give us a Rating & Review Today’s Sponsors Fizzle Let’s be honest: entrepreneurship can be lonely. You’ve got a million questions about your business, and few people to ask. Get the knowledge and support you need with Fizzle. Fizzle can help you earn a living doing something you love, with training, tools, coaching, community, and their famous Roadmap. Join Omar and thousands of other entrepreneurs on Fizzle — Get a free 14-day trial at fizzle.co/omar now! Fundopolis Investing: it seems complex, intimidating, and impersonal. With Fundopolis, it doesn’t have to be that way. Fundopolis is where people and money come together to support businesses they care about. Investing shouldn’t just be for industry insiders; it should be for communities and individuals trying to grow something they’re passionate about. Head to fundopolis.com/podcast for an enjoyable, personal investing experience. The post MBA1420 Q&A Wednesday: Do I close for the holidays and give my team time off? appeared first on The $100 MBA. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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