Let’s face it, running a successful business isn’t easy, but it should be an enjoyable experience.
However, many business owners struggle to find enjoyment in their work, especially when they feel snowed under to the point that their productivity is being impacted upon. This is where proven methods of business streamlining should be implemented, in order to up productivity and, importantly, put a smile back on the face of a business owner.
Here at My Accountancy Place, we understand the value of a business owner’s time, so we’ve listed our top tips for ‘streamlining your business back to success’:
Merge your insurance policies into one account with one provider.
Although you might not get the cheapest premiums, insurance providers often provide multi-policy discounts, and you’ll streamline your renewals to one date, saving time and hassle.
Arrange fewer staff meetings, or at least always produce an agenda and stick to it!
Whilst occasional staff confabs are crucial to a successful business, there can be a tendency amongst SMEs to hold too many internal meetings, affecting productivity. Begin asking yourself, ‘will an email update suffice?’
Always gather customer feedback.
A lot of companies end up spending substantial amounts of money on market research – which is more often than not the opinion of someone who may never deal with your business. Instead, implement a simple feedback form on your website to gauge the views of, and gather data on, the people that matter most to your business.
Upgrade your accounting software.
Software, like Xero, exists to make financial management far more simple and swift for small businesses owners. It offers the potential to manage real-time financials anywhere and at anytime. Furthermore, managing your accounts via an online platform is far more secure than relying on traditional hard-drive based software.
Ensure your workplace is a fun place to work.
It is a well-known fact that having fun reduces stress and improves productivity amongst staff. Creativity and co-operation increase as staff have fun together, meaning that when big workloads and tight deadlines come up, your team pulls together and shoulders responsibility as one.
Following these five top tips should help you get back on track and start enjoying your business again.
